3 Mar 2025asset acquisition disposition● NeutralMajor
Almaden filed a press release dated March 3, 2025. The text available does not say what it announced, so any sale of the Rock Creek Mill is not confirmed.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 Apr 2024listing compliance notice▼ BadMajor
Almaden filed a press release dated April 5, 2024. The text available does not say what it announced, so any change to its stock exchange listing is not confirmed.
21 Apr 2023listing compliance notice▼ BadMajor
Almaden announced it received a notification of listing deficiency from NYSE American, the exchange where its shares trade. The text available does not state the reason or the deadline to fix it.
21 Sept 2022regulatory community update▲ Good
Almaden signed new and expanded cooperation agreements with host community groups around the Ixtaca project. The text available does not name the groups or give the terms.
5 July 2022regulatory community update● NeutralMajor
Almaden announced it had been notified of a court decision and updated progress on the environmental permit application and the human rights impact assessment. The text available does not say what the court decided or what stage either process has reached.
19 Oct 2021regulatory community update● Neutral
Almaden updated progress on preparing its environmental permit application and announced it intends to conduct a human rights impact assessment. This continues the permitting thread and adds a new community-related step. Dates, scope and who will carry out the assessment are not in the text available.
3 Sept 2021drilling progress report● Neutral
Almaden gave an update on its drill program at Ixtaca, saying it was acting 'given the perceiv...' (the sentence is cut off in the text available). The reason and any change to the program cannot be determined from this text.
14 June 2021drilling progress report● Neutral
Almaden issued an exploration update for the Ixtaca project. Only the cover page and title are in the filing text, so no drilling results or plans are stated here.
9 Dec 2020regulatory community update▲ Good
Almaden reported what it calls a successful advance of the community water project, following up its 9 March 2020 reservoir announcement. The text available gives no cost or technical detail.
9 Sept 2020regulatory community update● NeutralMajor
Almaden announced a court decision on its environmental permit application for the Ixtaca project in Mexico, the permitting step the 2017 pre-feasibility study's 2019 production target depended on. The text available does not say what the court decided, so the effect on the permit is unknown.
6 Aug 2020capital raising announcement● Neutral
Almaden announced it closed a non-brokered private placement. This presumably completes the one proposed on 23 July 2020 (inference from timing); the amount and price are not in the text available.
23 July 2020capital raising announcement● Neutral
Almaden announced another proposed non-brokered private placement, its second of 2020 after the one closed in March. The text available gives no amount, price or terms.
1 Apr 2020regulatory community update▼ Bad
Almaden announced that Mexico's federal government issued a decree suspending all non-essential businesses, including mining and exploration, until 30 April 2020 because of COVID-19. Almaden's Ixtaca work is in Mexico, so field work there would be affected for that period (inference); the text available does not describe the company's own response.
27 Mar 2020capital raising announcement● Neutral
Almaden announced it closed the non-brokered private placement proposed and re-priced earlier in March 2020, and filed Form 20-F documentation. The proceeds and number of shares issued are not in the text available.
20 Mar 2020capital raising announcement● Neutral
Almaden announced a re-pricing of the private placement proposed on 10 March 2020. The text available does not say whether the price went up or down, or by how much.
11 Mar 2020capital raising announcement● Neutral
Almaden announced a proposed non-brokered private placement of shares, a new fundraising after the $17.25 million bought deal of June 2017. The text available gives no amount, price or terms.
9 Mar 2020regulatory community update● Neutral
Almaden announced the opening of a local community water reservoir, per the press release title. Only the cover page and title are in the filing text, so no cost, location or size is stated here.
12 June 2017capital raising announcement● Neutral
A second filing furnishing the same material change report for the 1 June closing of the $17.25 million bought deal; it adds nothing to the report filed ten days earlier.
2 June 2017capital raising announcement▲ GoodMajor
Closed the bought deal at $17,251,150 for 9,857,800 units - the underwriters took their full option, so the raise came in above the $15.0 million announced in May. Underwriters were paid $1,035,069 and 295,734 warrants. This is the largest financing in the cached record and leaves the company funded through permitting.
What it means for a shareholder
9.9m new shares at about C$1.52 to raise about C$15.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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18 May 2017resource reserve update● Neutral
Filed the pre-feasibility study technical report, effective 17 May 2017, behind the April reserve statement.
8 May 2017capital raising announcement▲ GoodMajor
Agreed a $15.0 million bought-deal placement with Sprott Capital Partners and Cormark Securities as co-leads: 8,572,000 units at $1.75 with half-warrants at $2.45 for three years, plus an option for 1,285,800 more units. The first underwritten financing in the record, and at a price above every raise since 2013.
What it means for a shareholder
8.6m new shares at C$1.75 to raise about C$15.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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6 Apr 2017resource reserve update▲ GoodMajor
Pre-feasibility study turns resources into reserves for the first time: 65 million tonnes proven and probable at 0.62 g/t gold and 37.8 g/t silver, supporting after-tax net present value of US$310 million and a 41% return on US$117 million of initial capital, with payback in 2.2 years and all-in sustaining costs of US$862 an ounce of gold-equivalent. Life-of-mine output of 1.04 million ounces of gold and 70.9 million ounces of silver, and the company sets a production target of 2019 - which now depends on permits rather than on drilling.
9 Mar 2017capital raising announcement▲ Good
Closed a $3.4 million placement of 2,519,407 units at $1.35, with half-warrants at $2.00 to August 2019 and $88,630 of finder fees. The price is back up from $0.75 in late 2015, and for the first time in the record no insider took part.
What it means for a shareholder
2.5m new shares at C$1.35 to raise about C$3.4m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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8 Feb 2017drilling result▲ GoodMajor
TU-16-487 returned 41.45 metres at 1.52 g/t gold and 117.3 g/t silver including 4.60 metres at 6.68 g/t gold and 565.4 g/t silver, and TU-16-489 cut half a metre grading 16.85 g/t gold and 3120 g/t silver. The last drill results before the pre-feasibility study is published.
18 Jan 2017drilling result▲ Good
Eight holes across four sections: TU-16-486 returned 105.00 metres at 1.20 g/t gold and 87.1 g/t silver including 10.50 metres at 4.70 g/t gold, and TU-16-485 gave 38.60 metres at 1.08 g/t gold and 106.2 g/t silver. Not every hole worked - TU-16-482 managed a single metre at 2.23 g/t gold.
22 Dec 2016drilling result▲ Good
Five more holes on sections 10+525 and 10+675: TU-16-479 gave 30.35 metres at 1.92 g/t gold and 62.1 g/t silver plus 8.50 metres at 2.56 g/t gold and 357.0 g/t silver, and TU-16-477 returned 4.70 metres at 3.13 g/t gold and 737.9 g/t silver in Ixtaca North.
30 Nov 2016drilling result▲ GoodMajor
The highest gold grade in the company's cached record: TU-16-470 cut 5.50 metres at 27.31 g/t gold and 66.3 g/t silver up-dip of the main zone, including one metre at 143.00 g/t gold. TU-16-474 gave 15.80 metres at 4.31 g/t gold and 98.0 g/t silver in the new vein zone. Seven holes, all inside or just outside the pit outline.
12 Oct 2016drilling result▲ GoodMajor
Three holes from one pad on section 10+625E found a new vein zone inside the pit outline - 24.20 metres at 2.37 g/t gold and 98.1 g/t silver, including 14.40 metres at 3.57 g/t gold and 146.9 g/t silver - plus very narrow, very silver-rich veins to the north, one of 0.50 metres at 1335.0 g/t silver.
10 Aug 2016drilling result▲ Good
Deepened a 2013 hole that had stopped short of its target and confirmed a vein zone first cut in 2011: TU-16-318A returned 70.43 metres at 0.44 g/t gold and 53.5 g/t silver with half-metre intervals up to 11.25 g/t gold and 619 g/t silver, all outside the current pit outline. A companion hole was much thinner, at 0.74 metres of 1.26 g/t gold and 203 g/t silver.
13 June 2016drilling progress report● Neutral
Project update: geotechnical, geomechanical and hydrologic fieldwork will be finished to pre-feasibility standard this year, with environmental permit applications to follow shortly after - the permitting clock starts here. The Rock Creek mill it has optioned ran for only a few months before the mine it served was curtailed in 2008. A geophysical survey over the two-kilometre gap between the deposit and the weakly mineralised Tano zone produced targets for a new drill programme, alongside the Ixtaca East and southeast clay-alteration areas.