Almadex Minerals Ltd. and its 100% owned subsidiary Almadex Royalties Ltd., is pleased to announce that it has entered into a definitive agreement regarding the sale of the 2.0% NSR royalty on the Elk Gold Project, located near Merritt, B.C. to Star Royalties Ltd. for total consideration of US$10.63 million . The consideration payable upon closing [...]
Almadex Minerals Ltd. is pleased to provide an update on the 1.5% NSR royalty the Company holds on the Caballo Blanco project , located in Veracruz, Mexico. On September 22, 2021, the operator of the Caballo Blanco project, Candelaria Mining Corp. , announced that it had closed the first tranche of a financing in the amount of approximately $7.9 [...]
Almadex Minerals Ltd. reports that the option agreement it announced on September 14, 2020 with Makara Mining Corp. , regarding the Davis/Paradise Valley property located in Nye County, Nevada, has been terminated by the Company in accordance with its terms. Almadex consolidated the Davis/Paradise Valley area during 2019 by optioning from the [...]
Almadex Minerals Ltd. is saddened to report that Mr. William J. Worrall, Q.C., Director of Almadex, passed away unexpectedly this weekend. Bill served as highly valued corporate counsel to Almadex since its inception. Duane Poliquin, Chairman of Almadex, said, "Bill has been a good friend and highly trusted and valuable Board member for many years [...]
Almadex Minerals Ltd. announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors, employees, and consultants of the Company to purchase an aggregate 757,800 common shares in the capital of the Company at an exercise price of $0.30 per share which expire on July 8, 2023. About Almadex [...]
Almadex Minerals Ltd. is pleased to provide an update on the 2.0% NSR royalty the Company holds on the Elk project , located near Merritt, B.C. Gold Mountain Mining Corp. continues to report significant progress on its drilling, mine planning and permitting work at Elk. On April 14, 2021, GMTN announced results from the down-dip portion of its [...]
Almadex Minerals Ltd. announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors, officers, and consultants of the Company to purchase an aggregate 3,189,200 common shares in the capital of the Company at an exercise price of $0.26 per share which expire on May 11, 2023. About Almadex [...]
Almadex Minerals Ltd. is pleased to provide an update on activities commenced and planned for the coming year at its mineral properties in British Columbia, Nevada, and Mexico. Duane Poliquin, Chairman of Almadex, stated "We expect 2021 to be an exciting year for Almadex. Several of our directly owned and optioned properties could be drilled this [...]
Almadex Minerals Ltd. announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors and officers of the Company to purchase an aggregate 330,000 common shares in the capital of the Company at an exercise price of $0.21 per share which expire on December 23, 2022. About Almadex Almadex Minerals Ltd. is an [...]
Almadex Minerals Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement with the issuance of 5,400,000 units at $0.25 per Unit . Each Unit consisted of one common share of the Company and one non-transferable common share purchase warrant . Each Warrant allows the holder to purchase one common share [...]
Almadex Minerals Ltd. is pleased to announce a proposed non-brokered private placement financing of up to 5,400,000 units to raise approximately $1,350,000 at a price of $0.25 per Unit. Each Unit will consist of one common share of the Company and one whole non-transferable common share purchase warrant, each whole share purchase warrant entitling [...]
Almadex Minerals Ltd. is pleased to announce that it has optioned 60% of its Davis project and the adjoining Paradise Valley project to Makara Mining Corp. . Under the terms of the agreement, Optionee can acquire a 60% interest in the Project by: Paying Almadex US$25,000 on the Effective Date of the Agreement and assuming all underlying obligations [...]
