almadex approve spinout transaction

Vancouver, B.C. Almadex Minerals Limited (“Almadex” or the “Company”; TSX-V: AMZ; OTCQX: AXDDF) is pleased to announce that shareholders at its Special Meeting of shareholders held today in Vancouver have voted 99.97% in favour of a special resolution approving a statutory plan of arrangement (the “Plan of Arrangement”) under Section 288 of the Business Corporations Act (British Columbia) to spin-out Almadex’s early stage exploration projects, royalty interests, and certain other assets into 1154229 B.C. Ltd. (“Spinco”) as described in Almadex’s management information circular (the “Circular”) dated April 6, 2018 (the “Transaction”).