Toronto, Ontario–(Newsfile Corp. – May 31, 2023) – Minera Alamos Inc. (TSXV: MAI) (the “Company” or “Minera Alamos”) is pleased to announce the conclusion of discussions with lenders regarding a funding package tailored for the limited capital requirements associated with the planned construction of the Cerro de Oro gold mine that is currently anticipated to begin next year. The Company has signed a termsheet for a US$15 million Loan Facility and US$10 million Royalty that is expected to close on or around July 14 th upon signing of definitive documentation as well as board and regulatory approvals.