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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (13836)	8/19/2015 10:41:28 AM
From: Goose94	Read Replies (1) \| Respond to of 202448

Almadex Minerals (AMZ-T) trading on TSX-Venture.

To: Goose94 who wrote (13836)	11/17/2015 4:40:12 PM
From: Goose94	Read Replies (2) \| Respond to of 202448

Almaden Minerals (AMM-T) Nov 17, '15 is pleased to announce that it has closed a non-brokered private placement involving the issuance of 4,506,666 units ("Units") at $0.75 per Unit. Each Unit consists of one common share of the Company and one-half of one non-transferable common share purchase warrant (each such whole share purchase warrant, a "Warrant"). Each Warrant allows the holder to purchase one common share of the Company at a price of $1.00 per share until November 17, 2017. Fees consisting of $44,000 in cash and warrants to purchase up to 35,200 common shares at a price of $0.77 per common share until November 17, 2017 were paid to finders on a portion of the placement. Duane Poliquin, Chairman of the Board of the Company, acquired 100,000 Units under the private placement. Such participation in the private placement is considered to be a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61-101"). The transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the Units issued to, nor the consideration paid by Mr. Poliquin exceeds 25% of the Company's market capitalization. Almaden intends to use the proceeds of the private placement to fulfil the near-term payments relating to the recently-optioned Rock Creek mill, to continue to advance its Ixtaca deposit towards the completion of advanced engineering studies, and for general working capital. Morgan Poliquin, President of Almaden, states "In a difficult environment, this financing strikes a balance between limiting dilution and providing the funds to take advantage of opportunities, like the option to purchase the Rock Creek mill. We continue to advance the Ixtaca project towards a production decision and look forward to providing updates to shareholders in the coming months as this work continues." About Almaden Almaden Minerals Ltd. owns 100% of the Tuligtic project in Puebla State, Mexico. Tuligtic covers the Ixtaca Gold-Silver Deposit, which was discovered by Almaden in 2010. The Ixtaca Deposit currently hosts an N.I. 43-101 compliant Measured and Indicated resource of approximately 93 million tonnes grading 0.55 g/t Au and 32 g/t Ag, for a total of 1.65M ounces of gold and 96.7M ounces of silver. In September 2014, Almaden reported on a Preliminary Economic Assessment of the Ixtaca deposit, which estimates an economically positive project generating an after-tax IRR of greater than 20% using US$1200/oz gold and US$18/oz silver prices. The project would produce an average of 130,000 ounces of gold and 7.8M ounces of silver per year for approximately 12 years. 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 Email contact Email contact