ALPHAMIN ANNOUNCES RECORD FY2025 TIN PRODUCTION /FY2026 PRODUCTION GUIDANCE/ EXPLORATION UPDATE/ SENIOR MANAGEMENT CHANGES

Core Viewpoint - Alphamin Resources Corp. reported strong operational and financial performance for the year and quarter ended December 31, 2025, with significant increases in tin production and EBITDA, despite some challenges in processing recoveries and costs. Operational and Financial Performance - For the year ended December 31, 2025, contained tin production reached 18,576 tonnes, a 7% increase from the previous year, and aligned with revised guidance of 18,000 to 18,500 tonnes [3] - The overall processing recovery for FY2025 was 75%, with Q4 recovery at 73%, slightly below the target due to feed grade fluctuations [2][3] - The average tin price achieved for FY2025 was US$34,388 per tonne, a 13% increase from the previous year, with Q4 price at US$37,995 per tonne [6][5] Financial Metrics - EBITDA for FY2025 is estimated at US$341 million, a 25% increase from US$274 million in FY2024, driven by higher production and sales volumes [6][10] - The All-In Sustaining Cost (AISC) for FY2025 was US$16,381 per tonne sold, a 7% increase from the previous year, with Q4 AISC at US$16,861 [6][5] - The company had US$56 million in cash at the end of December 2025, up from US$30 million the previous year, after significant debt reduction and tax payments [7] Production Guidance - Production guidance for the year ending December 31, 2026, is approximately 20,000 tonnes of contained tin, reflecting continued growth from FY2025 [9][10] Management Changes - The CEO, Mr. Maritz Smith, will retire, with Mr. Eoin O'Driscoll appointed as the new CEO effective March 1, 2026, and Mr. JP van Staden as CFO, subject to regulatory approval [16][18]