Mr. Darren Blasutti reports

MINERA ALAMOS RETAINS VELOCITY TRADE CAPITAL FOR MARKET MAKING SERVICES

Minera Alamos Inc. has engaged Velocity Trade Capital Ltd. to provide market-making services to the company in accordance with applicable securities laws and the policies of the TSX Venture Exchange. Velocity Trade will manage trading of the company's shares from time to time for the purpose of maintaining an orderly market with a view to reducing trading volatility and improving the liquidity of the company's shares. The financing and securities required for these services undertaken will be provided by Velocity Trade.

In consideration for the market liquidity services, the company has agreed to pay Velocity Trade a monthly fee equal to $6,000 per month, and, after a period of 60 days, either party may terminate the contract by providing the other with 30 days prior written notice of termination.

Velocity Trade is a private and independent investment dealer headquartered in Toronto, Ont., and is registered for trading in the provinces of Ontario, Quebec, British Columbia, Alberta and Manitoba. Velocity Trade is a member of the TMX and of the Canadian Investment Regulatory Organization. Additionally, the firm and its affiliate companies are regulated internationally by the United Kingdom's Financial Conduct Authority, the Authority for Financial Markets in the Netherlands, the Australian Securities and Investments Commission, South Africa's Financial Sector Conduct Authority, and the Monetary Authority of Singapore, among others.

Velocity Trade and Minera Alamos are not related parties and have no other agreements other than the market liquidity agreement, which is the subject of this news release.

The engagement of Velocity Trade to provide market liquidity services to Minera Alamos is subject to acceptance of the TSX Venture Exchange.

About Minera Alamos Inc.

Minera Alamos is a growing North American gold production and development company. The company owns the Pan operating complex in White Pine county, Nevada, composed of the Pan heap leach gold mine and the adjacent fully permitted Gold Rock project, as well as the nearby past-producing Illipah project. The company also owns the Copperstone mine and associated infrastructure in La Paz county, Arizona, an advanced development asset with a permitted mine plan of operations that can be developed in parallel with planned project advancements in Mexico. The company maintains a portfolio of high-quality Mexican assets, including the 100-per-cent-owned Santana open-pit, heap-leach mine in Sonora. The 100-per-cent-owned Cerro de Oro oxide gold project in northern Zacatecas has considerable past drilling and metallurgical work completed, and the company's proposed mining project is currently being guided through the permitting process by the company and its 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. The company's strategy is to become a leading, Americas-focused intermediate gold producer by increasing production at its Pan operating complex and developing its pipeline of high-quality, low-capital projects while expanding gold resources across its portfolio.

We seek Safe Harbor.