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To: Goose94 who wrote (2290)6/19/2015 7:36:17 PM
From: Goose94Respond to of 202367
 
Almadex Minerals (AMM-T) June 19, '15 has obtained control or direction over 26,750,000 common shares of Gold Mountain Mining (GUM-V). Almadex now holds approximately 38.8% of the issued and outstanding shares of the Issuer, as calculated in accordance with National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues ("NI 62-103").

Almadex is a wholly owned subsidiary of Almaden Minerals Ltd. ("Almaden"). As part of Almaden's strategic reorganization, the Shares were transferred to Almadex. Almadex will disclose all future changes in its securityholdings of the Issuer in accordance with Part 4 of NI 62-103.

Almadex holds the Shares for investment purposes. In the future, Almadex may acquire ownership and control over additional securities of the Issuer for investment purposes. Almadex is not currently a party to any agreement in respect of the acquisition, holding, disposition or voting of any other securities of the Issuer.

Additional information on this matter is provided in the early warning report of Almadex, filed under the Issuer's profile on www.sedar.com.

About Almaden

Almaden is a well-financed mineral exploration company working in North America. The company is actively developing its 100% owned Ixtaca gold-silver deposit in Mexico. The Company has assembled mineral exploration projects in Canada, the United States and Mexico, including the Ixtaca deposit through its past grass roots exploration efforts. Uniquely, the Company has pioneered a new geologic and mineral district in Eastern Mexico through conceptual science-driven exploration. This resulted in the acquisition through staking of a portfolio of early stage exploration properties, each of which represent exiting opportunities for the potential discovery of significant gold, silver and copper deposits as evidenced at Ixtaca. Since going public in 1986, Almaden's business model has been to find, acquire and develop mineral projects in partnership with other mining enterprises with a willingness to fund tenure payments and exploration expenditures, which limits Almaden's share dilution. The Company has expanded this business model, described by some as prospect generation, by more aggressively advancing and developing its projects towards production, including the Ixtaca deposit.

On Behalf of the Board of Directors,

"Morgan Poliquin"
Morgan J. Poliquin, Ph.D., P.Eng.
President, CEO and Director
Almaden Minerals Ltd.

Almaden Minerals Limited
604.689.7644
info@almadenminerals.com
www.almadenminerals.com