Almadex Minerals Completes Gold Loan Repayment by Almaden-February 2024-www.financetom.com

Almadex Minerals Completes Gold Loan Repayment by Almaden

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Almadex Minerals Completes Gold Loan Repayment by Almaden

Jul 18, 2025 1:48 PM

04:28 PM EDT, 07/18/2025 (MT Newswires) -- Almadex Minerals ( AAMMF ) on Friday said Almaden Mineral (AMM.TO) completed the repayment of the gold loan between Almaden and the company.

According to the company, the repayment involved the return to Almadex of 397 ounces of gold (which were not drawn under the Gold Loan) plus the payment of a US$5.19 million loan, settled through the delivery of approximately 1,553 ounces of gold bullion.

Including the repayment, Almadex now holds a total of approximately 1,950 ounces of gold.

Almadex shares closed unchanged at $0.35 on the TSX Venture Exchange.

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