Alphamin Resources Corp. - News Releases - PRIVATE PLACEMENT OF 1,700,000 UNITS

Investors News Releases

	December 01, 2009 PRIVATE PLACEMENT OF 1,700,000 UNITS
	Vancouver, Canada -- December 1, 2009 - Alphamin Resources Corp. (AFM: TSX Venture Exchange) is pleased to announce a non-brokered private placement of 1,700,000 Units at a price of $0.125 per unit for gross proceeds of $212,500. Each unit shall be comprised of one (1) common share and one (1) non-transferable share purchase warrant, each warrant entitling the holder to purchase one (1) additional common share of the Company at a price of $0.165 per share for a period of two (2) years from the closing date of the placement. The placement is subject to regulatory acceptance. The placement proceeds will be used by the Company for general working capital and continued exploration work on the Company's properties in Mexico.

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