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CALGARY, ALBERTA--(Marketwire - Jan. 29, 2013) - Alhambra Resources Ltd. (TSX VENTURE:ALH)(PINKSHEETS:AHBRF)(FRANKFURT:A4Y) ("Alhambra" or the "Corporation"), an international gold explorer and producer, announces that the Corporation has received formal notification from the Government of Kazakhstan's Ministry of Industry and New Technology ("MINT") that MINT has approved the Corporation's request to reduce the floor price for a potential future equity financing. The approval which is for the reduction of the floor price from US$0.60 per common share (see News Release dated September 13, 2012) to US$0.20 per common share has been extended to June 25, 2013 as stipulated under the Kazakhstan Subsoil and Use Act. |
