Mr. Doug Ramshaw reports

MINERA ALAMOS ACQUIRES SHARES OF SABRE AND FILES EARLY WARNING REPORT

Minera Alamos Inc. has filed an early warning report pursuant to the provisions of Canadian securities legislation in connection with the completion of its previously announced acquisition of Sabre Gold Mines Corp. by way of a plan of arrangement. Minera acquired 110,388,801 common shares of Sabre, being all of its issued and outstanding common shares of Sabre pursuant to the arrangement.

Prior to the completion of the arrangement, Minera did not own any common shares of Sabre. Accordingly, the acquisition represents an increase in Minera's beneficial ownership and control of common shares of Sabre from 0 per cent to 100 per cent.

Pursuant to the arrangement, each issued and outstanding common share of Sabre was acquired and exchanged for 0.693 of a Minera Alamos common share, resulting in the issuance of 76,499,114 Minera Alamos common shares in the aggregate.

A copy of the early warning report is available on Sabre's SEDAR+ profile and may also be obtained by contacting Victoria Vargas de Szarzynski, Minera's vice-president, investor relations, at 289-242-3599.

About Minera Alamos Inc.

Minera Alamos is a gold production and development company. The company has a portfolio of high-quality Mexican assets, including the 100-per-cent-owned Santana open-pit, heap-leach mine in Sonora that is currently going through the start-up of operations at the new Nicho Main deposit. The 100-per-cent-owned Cerro de Oro oxide gold project in northern Zacatecas has considerable past drilling and metallurgical work completed, and the proposed mining project is currently being guided through the permitting process by the company's permitting consultants. La Fortuna open-pit gold project in Durango (100 per cent owned) has a positive, robust preliminary economic assessment completed, and the main federal permits are in place. Minera Alamos is built around its operating team that together brought three open-pit heap-leach gold mines into successful production in Mexico over the past 14 years. Minera Alamos also wholly owns the Copperstone mine and the associated infrastructure in La Paz county, Arizona, an advanced development asset with a permitted plan of operations that can be developed in parallel with planned project advancements in Mexico.

The company's strategy is to develop very-low-capital-expenditure assets while expanding the projects' resources and continuing to pursue complementary strategic acquisitions.