Alloycorp Mining Grants Stock Options

Press Release
April 06, 2015

Toronto, Ontario: Alloycorp Mining Inc. (TSX-V: AVT) (“Alloycorp” or the “Company”) announced today that it has granted 6,800,000 incentive stock options to officers of the Company, including an employee performing investor relations activities, at an exercise price of $0.06 per share. These options are granted for a five-year term, and will vest over an 18-month period from the date of grant. The options were granted in accordance to the Company’s Stock Option Plan approved by shareholders on December 22, 2014.

About Alloycorp

Alloycorp is a TSX-Venture listed company headquartered in Toronto with an operations office in Vancouver. Alloycorp’s strategy is to become the unique supplier of steel alloy metals. Cornerstone to this strategy is the development of the Kitsault molybdenum project. Parallel to this, Alloycorp is seeking to grow through the acquisition of other assets with commodities that supply to the steel alloys industry.

For further information, please contact:

Shawn Howarth, Vice President, Corporate Development and Investor Relations, (416) 847-0376

IBF3