Alphamin Resources Corporation (AFMJF)
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ALPHAMIN PROVIDES Q2 2025 OPERATIONAL UPDATE/ FILES AMENDED CONSTITUTION
GRAND BAIE, MAURITIUS, July 03, 2025 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”) is pleased to provide an operational update as follows:
ALPHAMIN ADVISED OF AGREEMENT BY MAJOR SHAREHOLDER FOR SALE OF MAJORITY INTEREST IN THE COMPANY
GRAND BAIE, MAURITIUS, June 04, 2025 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) (the “Company”) announced today that it has been advised by its 57% majority shareholder, Tremont Master Holdings (“TMH”), that Tremont has entered into a definitive agreement for the sale of 718,990,967 common shares of the Company, representing approximately 56% of the outstanding common shares, to AbuDhabi-based International Resource Holding (“IRH”) at a price of C$0.70 share, or C$503,293,677 (US$367,001,749) in the aggregate, and subject to certain completion adjustments that may decrease the total consideration. Details of the proposed transaction are contained in a joint news release issued by TMH and IRH dated June 3, 2025 (the “News Release”).
Alphamin Resources: Bisie Mine In Congo Restarts Amid Robust Tin Prices
Buy rating justification: Alphamin Resources is rated a 'Buy' due to its strong long-term prospects in tin production, despite recent price declines from external factors in Congo. Stock performance impact: The temporary suspension of operations at the Bisie tin mine due to a rebellion caused a sharp decline in Alphamin shares, presenting a buying opportunity. Profitability and market position: The Company benefits from low-cost operations and rising tin prices, driven by high demand from electrification and AI, ensuring solid long-term profitability.
Alphamin Resources Corporation Dividends
| AFMJF 8 months ago Paid | Other | $0.04 Per Share |
| AFMJF 16 May 2024 Paid | Other | $0.02 Per Share |
| AFMJF 10 Aug 2023 Paid | Other | $0.02 Per Share |
| AFMJF 23 Feb 2023 Paid | Other | $0.02 Per Share |
| AFMJF 21 Jul 2022 Paid | Other | $0.02 Per Share |
Alphamin Resources Corporation Earnings
| 14 Aug 2025 (In 1 month) Date | | 0.03 Cons. EPS | - EPS |
| 28 Apr 2025 Date | | - Cons. EPS | - EPS |
| 6 Mar 2025 Date | | - Cons. EPS | - EPS |
| 4 Nov 2024 Date | | - Cons. EPS | 0.03 EPS |
| 1 Nov 2024 Date | | - Cons. EPS | - EPS |
| AFMJF 8 months ago Paid | Other | $0.04 Per Share |
| AFMJF 16 May 2024 Paid | Other | $0.02 Per Share |
| AFMJF 10 Aug 2023 Paid | Other | $0.02 Per Share |
| AFMJF 23 Feb 2023 Paid | Other | $0.02 Per Share |
| AFMJF 21 Jul 2022 Paid | Other | $0.02 Per Share |
| 14 Aug 2025 (In 1 month) Date | | 0.03 Cons. EPS | - EPS |
| 28 Apr 2025 Date | | - Cons. EPS | - EPS |
| 6 Mar 2025 Date | | - Cons. EPS | - EPS |
| 4 Nov 2024 Date | | - Cons. EPS | 0.03 EPS |
| 1 Nov 2024 Date | | - Cons. EPS | - EPS |
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Alphamin Resources Corporation Profile
| Industrial Materials Industry | Basic Materials Sector | Mr. Maritz Smith CEO | OTC PINK Exchange | MU0456S00006 ISIN |
| MU Country | - Employees | 4 Nov 2024 Last Dividend | - Last Split | - IPO Date |
Overview
Alphamin Resources Corp., established initially as La Plata Gold Corporation before renaming in October 2008, operates within the mining sector with a focused commitment towards tin concentrates production and sale. The company finds its base in Grand Baie, Mauritius, and boasts a rich history that dates back to its incorporation in 1981. Alphamin Resources Corp., through its dedicated subsidiaries, has cemented its operations largely around its flagship venture: the Bisie tin mine, strategically positioned in the Democratic Republic of Congo. This site not only represents the core of its mining activities but also places Alphamin on the map as a significant player in the global tin market.
Products and Services
- Tin Concentrates Production
At the heart of Alphamin Resources Corp.'s operations is the extraction and processing of tin ore from the Bisie tin mine. This intricate process involves the meticulous separation of tin from mined ore, resulting in high-quality tin concentrates ready for market. These concentrates are then sold to various clients across the globe, making Alphamin a key supplier in the tin industry.
Contact Information
