
Almaden Minerals Ltd. (TSX: AMM) (OTCQB: AAUAF) is pleased to announce that it has entered into a definitive agreement to sell certain assets comprising the Rock Creek Mill to Metals Exploration PLC (LSE AIM: MTL) for a purchase price of US$9,700,000. The Rock Creek Mill is located in Nome, Alaska.
Closing of the transaction is subject to certain conditions, including completion by the Purchaser of a final inspection, and is expected to occur on or prior to August 31, 2025. The Purchase Price shall be payable in certain instalments as follows:
15% of the Purchase Price shall by payable as a commission by Almaden to an equipment sales broker.
On behalf of the Board of Directors,
“J. Duane Poliquin”
J. Duane Poliquin
Chair
Almaden Minerals Ltd.
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