MAIFF Overview

Shareholder Meeting Results: Minera Alamos Inc. held its Annual General and Special Meeting on July 16, 2025, where shareholders overwhelmingly approved all board nominations and appointed Bruce Durham as Lead Director.

Company Overview: Minera Alamos is focused on gold production in Mexico, with several projects underway, including the Santana mine, Cerro de Oro project, and La Fortuna project, while pursuing low-capex assets and strategic acquisitions.

Market Overview: The Canadian market has seen a 21% increase over the past year, with earnings expected to grow by 16% annually, prompting investors to seek promising stocks, particularly in smaller companies often referred to as 'penny stocks'.

Company Highlights: Notable penny stocks include Alvopetro Energy and Minera Alamos, both showing potential despite challenges; Alvopetro has strong financial health, while Minera Alamos is expanding its asset base through acquisitions despite being unprofitable.

Financing Agreement: Minera Alamos Inc. has entered into a financing agreement with National Bank Financial to sell 28,333,000 common shares at C$0.30 each, aiming to raise approximately C$8.5 million for the expansion of its mining projects in Mexico.

Use of Proceeds: The funds will be allocated towards the development of the Santana mine, exploration activities at the Cerro de Oro project, and general corporate purposes, with the offering expected to close around December 5, 2024, pending regulatory approvals.