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 Phase 1 drill program at Elk. Highlights of the results include the following [...]
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 an exploration company that holds a large mineral portfolio consisting [...]
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 year, pending receipt of the necessary permits and allocation of budgets by [...]
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 exploration company that holds a large mineral portfolio consisting of projects [...]
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 of the Company at a price of $0.40 per share until October 16, 2022. The [...]
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 the holder thereof to purchase one common share of the Company at a price [...]
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 in relation to the Project; Incurring not less than an aggregate [...]
Almadex Minerals Ltd. is pleased to provide an update on some of its exploration activities. Acquisition of New Project in Nevada In 2019 the Company acquired an option to purchase 100% of 34 claims covering the Davis project area of alteration and gold-silver veining north of the Company’s existing Paradise claim block in Nye County Nevada. Almadex subsequently acquired through staking an additional 79 claims which are [...]
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 425,000 common shares in the capital of the Company at an exercise price of $0.19 per share which expire on May 9, 2022. About Almadex Almadex Minerals Ltd. is an exploration company that holds a large mineral portfolio consisting of [...]
Almadex 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. Almadex is not currently drilling at any of its projects, and drilling activities that it has been conducting on behalf of other companies in Mexico using its wholly-owned drills have ceased. J. Duane [...]
Almadex Minerals Ltd. is pleased to announce that it has optioned 60% of its Ponderosa project to 1201361 BC LTD. , a private B.C. company at arms-length to Almadex. Under the terms of the agreement, Optionee can acquire a 60% interest in the Project by: Issuing Almadex 5% of its issued capital on a fully diluted basis on closing, with a top-up to this amount at the time of a “liquidity event”; Completing [...]
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 931,800 common shares in the capital of the Company at an exercise price of $0.29 per share which expire on July 7, 2021. About Almadex Almadex Minerals Ltd. is an exploration company that holds a large mineral portfolio consisting of [...]