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Timmins Gold / Alio Gold Announces Revitalization Plan For San Francisco Mine, Increases 2017 Guidance

VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 11, 2017) – Timmins Gold Corp. (TSX:TMM)(NYSE MKT:TGD) (“Timmins Gold” or the “Company”) is proposing to change its name to Alio Gold Inc. at its upcoming Annual General Meeting of Shareholders. If approved, the Company expects to begin trading on both the TSX and the NYSE MKT under the ticker ALO on May 16, 2017. The Company is pleased to announce a revitalization plan for its San Francisco Mine (the “Mine”) in Sonora, Mexico. All figures are US$ unless otherwise stated.