Almaden Minerals Ltd. is pleased to announce the results of its Annual General Meeting held on June 30, 2020. All of the matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular were approved by the requisite majority of votes cast at the AGM. The details of the voting results for the election of directors are set out below: Nominee Votes For Votes Withheld [...]
Almaden Minerals Ltd. announces that the Mexican federal government has mandated that all non-essential businesses, including mining and exploration, temporarily suspend operations until April 30 due to the COVID-19 virus . As Almaden is pursuing permitting of the Ixtaca project, it has not had an ongoing technical program at the project. Moreover, Almaden has already suspended its activities in order to protect its work [...]
Almaden Minerals Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement with the issuance of 5,509,658 units at $0.37 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 at a price of $0.50 until March 27, 2023. The Offering was made by way of a [...]
Almaden Minerals Ltd. today announced that it has amended its private placement originally announced on March 10, 2020 in order to reflect current market conditions. The amended terms of the offering are as follows: the purchase price of the Units of the Offering has been reduced from $0.41 to $0.37 per Unit. the exercise price of each share purchase Warrant has been reduced from $0.65 to $0.50. The size of the Offering [...]
Almaden Minerals Ltd. is pleased to announce a proposed non-brokered private placement financing of up to 4,900,000 units, which may be increased, at a price of $0.41 per Unit. Each Unit will consist of one common share of the Company and one non-transferable common share purchase warrant, each whole share purchase warrant entitling the holder to purchase one common share of the Company at a price of $0.65 per share for 3 [...]
Almaden Minerals Ltd. is pleased to announce that it has partnered with a local community group focused on irrigation development, and together with them coordinated with the Federal Government water authority , to co-fund a new water reservoir in Zacatepec, a community located nearby the proposed Ixtaca mine development area. This reservoir is one of the projects identified which could bring immediate benefits to the [...]
As a result of a review by the British Columbia Securities Commission, Almaden Minerals Ltd. is clarifying its disclosure regarding its mineral claims to the Ixtaca Project. In its April 15, 2019 news release, the Company disclosed that: it had previously cancelled its original concessions over the Ixtaca Project , and replaced them with new concessions covering a smaller area ; and the Original Concessions are subject to [...]
Almaden Minerals Ltd. was today notified by SEMARNAT, Mexico’s environmental authority, that the permitting process for the Ixtaca project has been suspended pending resolution of the mineral title lawsuit reported by the Company on September 10 and April 15, 2019 . Under the Lawsuit, certain organisations have supported legal challenges against the Government of Mexico and the Mexican mineral title regime using the [...]
Almaden Minerals Ltd. is pleased to be able to provide an update on its progress and milestones achieved towards building a modern precious metals mine in Mexico. Almaden is committed to international environmental and social standards and best available technologies. We believe Ixtaca will, long after final closure, make meaningful and enduring positive contributions to surrounding communities and beyond. In December [...]
Almaden Minerals Ltd. is pleased to announce the appointment of Dr. John Thomas to the position of Vice President, Project Development. In this role as an officer of the Company, and contingent upon permitting and project financing, Mr. Thomas will be responsible for pre-development engineering and construction of the Ixtaca Project. Dr. Thomas is a professional engineer, and holds a BSc, an MSc and a PhD in chemical [...]
Almaden Minerals Ltd. is pleased to provide the results of its Annual General Meeting held on June 26, 2019, and to update progress at the Ixtaca Project. 2019 AGM All of the matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular were approved by the requisite majority of votes cast at the AGM. The details of the voting results for the election of [...]
Almaden Minerals Ltd. has entered into a secured gold loan agreement with Almadex Minerals Ltd. pursuant to which Almadex has agreed to loan up to 1,597 ounces of gold to Almaden. The approximate value of this gold is US$2 million. Under the terms of the Gold Loan, Almaden will be entitled to draw-down the gold in minimum 400 oz tranches. At any given time, the amount of gold ounces drawn multiplied by the London Bullion [...]
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