Mr. J. Duane Poliquin reports

ALMADEX MINERALS LTD. GRANTS STOCK OPTIONS

Almadex Minerals Ltd., pursuant to its stock option plan, has granted stock options to directors, officers, consultants and employees of the company to purchase an aggregate 1,110,800 common shares in the capital of the company at an exercise price of 28 cents per share expiring on July 10, 2028.

About Almadex Minerals Ltd.

Almadex is an exploration company that holds a large mineral portfolio consisting of 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 owns a number of portable diamond drill rigs, enabling it to conduct cost-effective first-pass exploration drilling in-house.