Alphamin announces grant of stock options Alphamin Resources Corp. Continued in the Republic of Mauritius Date of incorporation: 12 August 1981 Corporation number: C125884 C1/GBL TSX-V share code: AFM JSE share code: APH ISIN: MU0456S00006 ALPHAMIN ANNOUNCES GRANT OF STOCK OPTIONS GRAND BAIE, MAURITIUS – September 9, 2021 – Alphamin Resources Corp. (TSXV: AFM, JSE AltX: APH, “Alphamin” or “the Company”) announced today that, subject to regulatory approval, it has granted stock options to acquire an aggregate of 4,000,000 common shares to directors and employees of Alphamin’s subsidiaries under its stock option plan. Each option is exercisable for a seven year term to acquire one common share at a price of C$0.78 per share. The options granted vest over differing periods of between fifteen months and four years from the date of grant. FOR MORE INFORMATION, PLEASE CONTACT: Maritz Smith CEO Alphamin Resources Corp. Tel: +230 269 4166 E-mail: msmith@alphaminresources.com JSE Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Date: 09-09-2021 01:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.