Mr. Duane Poliquin reports

ALMADEX MINERALS LTD. GRANTS STOCK OPTIONS

Almadex Minerals Ltd., pursuant to its stock option plan, has granted stock options to a director, a consultant and an employee of the company to purchase an aggregate 425,000 common shares in the capital of the company at an exercise price of 28 cents per share expiring on May 31, 2027.

About Almadex Minerals Ltd.

Almadex Minerals is an exploration company that holds a large mineral portfolio consisting of exploration projects and NSR (net smelter return) royalties in Canada, the United States and Mexico. This portfolio is the direct result of many years of prospecting and deal making by Almadex's management team. The company remains focused on grassroots exploration, acquisition and drilling mineral projects, on its own and in partnership with others, with the goal of creating new mineral resources and royalty holdings. The company owns several portable diamond drill rigs, enabling it to conduct cost-effective first-pass exploration drilling in house.