TORONTO, ONTARIO, Apr 13, 2006 (CCNMatthews via COMTEX News Network) -- Alamos Gold Inc. ("Alamos") (TSX:AGI) announces that all outstanding share purchase warrants exercisable at CDN$3.50 due to expire April 8, 2006 have been fully exercised for common shares. Since January 1, 2006, Alamos has received CDN$15.4 million from the exercise of these warrants. An additional CDN$2.0 million has been received from the exercise of a subsequent warrant issue based on an exercise price of CDN$5.80. All warrants outstanding on January 1, 2006 have now been exercised.

Alamos is currently well-funded with US$17 million cash on hand, including US$2 million in cash set aside to pay interest on the outstanding convertible debentures. In addition, Alamos has US$10 million in undrawn credit lines.

Alamos' common shares are traded on the Toronto Stock Exchange under the symbol "AGI" and convertible debentures under the symbol "AGI.DB".

Safe Harbor Statement under the United States Private Securities Litigation Act of 1995: Statements in this release that are forward-looking, including statements relating to the future recovery of the Mulatos Project, are subject to various risks and uncertainties concerning the specific factors identified about in the Company's periodic filings with the Ontario Securities Commission and the U. S. Securities Exchange Commission. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not intend to update this information and disclaims any legal liability to the contrary.

SOURCE: Alamos Gold Inc.

Alamos Gold Inc.
John A. McCluskey
President and Chief Executive Officer
(416) 368-9932 x203
Alamos Gold Inc.

Victoria Vargas de Szarzynski
Investor Relations
(416) 368-9932 x201
vvargas@alamosgold.com
www.alamosgold.com