ALMADEN ANNOUNCES $7 MILLION NON-BROKERED PRIVATE PLACEMENT

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Vancouver, B.C. Almaden Minerals Ltd. (“Almaden” or “the Company”; AMM: TSX; AAU: NYSE American) is pleased to announce a proposed non-brokered private placement financing (the “Offering”) of up to 7,000,000 units (the “Units”) to raise approximately $7,000,000 at a price of $1.00 per Unit.

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