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Two Blokes Jun 4 -
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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”).
