Vancouver, B.C. Almadex Minerals Limited (“Almadex” or the “Company”; TSX-V: AMZ; OTCQX: AXDDF) is pleased to announce a proposed non-brokered private placement financing (the “Offering”) of up to 4,000,000 units (the “Units”) to raise approximately $5,600,000 at a price of $1.40 per Unit.