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International Resources Holding Enters into Agreement to Acquire Majority Interest in Alphamin Resources Corp. from Tremont Master Holdings

  • International Resources Holding agreed on June 3, 2025, in Abu Dhabi to acquire a 56% majority stake in Alphamin Resources from Tremont Master Holdings.
  • IRH's acquisition follows its strategic move to expand in African mining and results from a definitive agreement with Tremont, which retains a 0.8% stake.
  • IRH will acquire approximately 719 million Alphamin common shares at C$0.70 per share, totaling about C$503 million , subject to regulatory approval and adjustments.
  • Alphamin owns a major tin mining operation located in eastern Congo, which produces roughly 6% of the world’s annual tin supply—a key metal essential for electronics and renewable energy technologies.
  • The acquisition strengthens IRH's global industrial metals position and offers long-term growth potential despite regional security risks and recent temporary halts in Bisie mining.
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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…

·Waterloo, Canada
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The Globe & Mail broke the news in Canada on Tuesday, June 3, 2025.
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