Minera Alamos Inc. announced private placement from $2,800,000 to $3,200,000. The financing, lead by IBK Capital Inc., is scheduled to close early next week.

The company is also announcing that Mr. Bruce Durham, P.Geo has been appointed as a member of its Board of Directors and the Chair of its Audit Committee. In addition, Mr. Darren Koningen, also a Director, has been appointed as President. Chris Frostad will remain as Director and Chief Executive Officer of Minera Alamos.