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 [...]
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 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. 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 [...]
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 [...]
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. 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 628,000 common shares in the capital of the Company at an exercise price of $0.32 per share which expire on June 4, 2021. About Almadex Almadex Minerals Ltd. is an [...]
Almadex Minerals Ltd. has entered into a secured gold loan agreement with Almaden 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 [...]
Almadex Minerals Ltd. is pleased to provide a further update on results from a prospecting level diamond drilling program in one part of the Yago project called Gallo de Oro where banded epithermal veins crop out at surface. Drilling in 2019 tested the new zone of epithermal veining at surface that was discovered while prospecting the area in 2018 [...]