Almadex completes royalty interest sale to Empress

Mr. Morgan Poliquin reports ALMADEX ANNOUNCES COMPLETION OF SALE OF ROYALTY INTERESTS Almadex Minerals Ltd. has completed the previously announced sale to Empress Royalty Corp. of a portfolio of net smelter return royalty interests on mineral properties in Canada, the United States and Mexico for aggregate consideration of $2.5-million (U.S.). The consideration paid to Almadex consisted of $1-million (U.S.) in cash and 2,562,802 common shares of Empress, having an agreed value of $1.5-million (U.S.). The royalty portfolio includes certain 1.5-per-cent and 2.0-per-cent net smelter return royalties on precious and base metal projects, including royalties located in Mexico, British Columbia, Yukon and Nevada. The Empress shares issued to Almadex are subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws. About Almadex Minerals Ltd. Almadex is a mineral exploration company focused on base and precious metals in the western United States. The company owns several portable diamond drill rigs, enabling it to conduct cost-effective first-pass exploration drilling in-house. We seek Safe Harbor.