ALPHAMIN REPORTS FATALITY AT MPAMA SOUTH UNDERGROUND MINE

Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) has announced a tragic incident involving the fatal injury of an employee at its Mpama South underground mine in the Democratic Republic of the Congo. The unfortunate event occurred on December 24, 2025, as the mine was undergoing a scheduled evacuation in preparation for a night shift blast. During the procedure of connecting blasting wires, an unexpected detonation resulted in fatal injuries to the blaster.

The Company, along with its operating subsidiary Alphamin Bisie Mining S.A. (ABM), expressed deep regret over the loss, emphasizing that the safety and wellbeing of its employees is their utmost priority. Alphamin's Board has conveyed its heartfelt condolences to the deceased employee's family, friends, and colleagues who have been affected by this tragic accident.

In response to the incident, relevant authorities were informed, and ABM has initiated a comprehensive investigation to ascertain the precise cause of the accident. Although mining operations were temporarily halted following the event, they have since resumed after an assessment and approval from local regulatory bodies.

Given the serious nature of such incidents, Alphamin's commitment to enhancing safety measures will likely be scrutinized in the wake of this incident, as the mining industry increasingly prioritizes employee safety. This incident has drawn attention to the critical importance of adherence to safety protocols during operations, particularly in high-risk sectors such as mining.

For further information, inquiries can be directed to Martiz Smith, CEO of Alphamin Resources Corp., through the contact details provided in their official communication. The TSX Venture Exchange has clarified that it does not take responsibility for the completeness or accuracy of this news release.

Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) has recently reported a tragic incident resulting in a fatality at its Mpama South underground mine in the Democratic Republic of the Congo. This unfortunate event highlights significant safety concerns that could impact investor confidence and operational continuity.

In the immediate aftermath of the incident, mining operations were temporarily halted, and while they have since resumed, such occurrences typically lead to intensified scrutiny from regulatory bodies and can result in regulatory penalties or increased operational costs. Investors need to closely monitor how effectively Alphamin manages this crisis, particularly through its investigation and the implementation of any necessary safety improvements.

From a market perspective, the stock may experience increased volatility in the short term due to the incident's potential impact on investor sentiment. However, if Alphamin can demonstrate a commitment to safety and maintain transparent communication about the findings of the investigation and subsequent measures, it could mitigate longer-term damage to the company's reputation.

Additionally, miners operating in politically sensitive regions like the DRC often face additional risks including regulatory changes, operational disruptions, and reputational damage from safety incidents. It is crucial for investors to consider these factors when evaluating Alphamin's stock as well as to assess their risk tolerance in the context of this investment.

Those looking to invest in Alphamin or currently holding shares should adopt a cautious outlook. Keeping abreast of ongoing safety protocols and regulatory discussions will be key. It may be prudent to wait for clearer signals of safe operational management and stability before making significant investment decisions. In conclusion, while the growth potential in resource commodities remains strong, fundamentals surrounding safety and operational excellence must not be overlooked.