Almaden Minerals Ltd. Announces Closing of $6.0 Million Non-Brokered Private Placement
Almaden Minerals Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement by the issuance of 4,000,000 units at $1.50 per Unit. Each Unit consists of one common share of the Company and one-half of one non-transferable common share purchase warrant. Each Warrant allows the holder to purchase one common share of the Company at a price of $2.00 per share until August 1, 2015. A finder’s fee of $107,400 in cash and finder’s warrants to purchase up to 48,000 common shares at a price of $1.50 per common share until August 1, 2015 was paid to Secutor Capital Management Corporation on a portion of the placement.