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25.07.2011
Alexandria to Extend Share Purchase Warrants
Alexandria to Extend Share Purchase Warrants

Toronto, Ontario, July 22, 2011 – Alexandria Minerals Corporation (TSX-V: AZX; Frankfurt: A9D) announces that it intends to extend for a period of twelve months the term of 27,777,777 outstanding share purchase warrants, which are due to expire on August 5, 2011. The warrants were issued pursuant to a private placement completed in August, 2010. The $0.22 exercise price of the warrants will remain unchanged. The warrant extension is subject to the acceptance of the TSX Venture Exchange.

About Alexandria Minerals Corporation

Alexandria Minerals Corporation is a Toronto-based junior gold exploration and development company with one of the largest property packages along the prolific, gold-producing Cadillac Break in Val d’Or, Quebec. The Company is currently focused on advancing its Akasabaand Sleepy projects, and has two NI 43-101 compliant gold resources:Orenada,with a Measured and Indicated resource of 446,000 ounces of gold (10.2 Mt grading 1.35 g/t Au), and an Inferred resource of 302,000 ounces of gold (7.4Mt grading 1.27 g/t Au) and Sleepy, with an Inferred resource of 150,000 ounces of gold (1.5Mt grading 3.0 g/t Au). Agnico-Eagle Mines Ltd., who has three producing gold mines in the region, owns 9.9% of the Company.

WARNING: This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of up-coming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Alexandria Minerals Corporation relies upon litigation protection for forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

PLEASE CONTACT

Andreas Curkovic, Investor Relations
(416) 577-9927

Eric Owens, President/CEO
416-363-9372
www.azx.ca
info@azx.ca



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