Minera Alamos Inc. is pleased to announce the closing of its previously announced private placement offering of C$3,500,000, by the issuance of 8,750,000 Units at a price of C$0.40 per Unit. Each Unit is comprised of one common share and one purchase warrant, each warrant entitling the holder to acquire one additional common share of the Company at a price of C$0.705 for a period of 36 months. Mr. Darren Blasutti, who recently joined the Company as Executive Vice President, Corporate Development, purchased 2,500,000 Units for subscription proceeds of C$1,000,000, which resulted in related party considerations pursuant to TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions . Minera Alamos relied o...