VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/03/14 — Almaden Minerals Ltd. ("Almaden" or "the Company") (TSX: AMM)(NYSE MKT: AAU) is pleased to announce the re-election of its directors at the Company's June 26, 2014 Annual General Meeting.
The percentages of votes "for" and "withheld" for each director are as follows:
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Percentage of Percentage of
Nominee Votes For Votes Withheld
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Mark T. Brown 80.22 19.78
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Gerald G. Carlson 99.93 0.07
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John (Jack) McCleary 99.93 0.07
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Joseph Montgomery 99.93 0.07
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Duane Poliquin 84.35 15.65
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Morgan Poliquin 84.39 15.61
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Barry W. Smee 81.47 18.53
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William J. Worrall 80.76 19.24
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In addition to the re-election of directors, shareholders also re-appointed Deloitte LLP, Chartered Accountants, as auditors for the Company for the ensuing year and approved both the unallocated options, rights and other entitlements under the Company's Stock Option Plan and the re-confirmation of the Company's Shareholder Rights Plan.
Detailed results of the voting on all matters at the Meeting are set forth in the Report of Voting Results filed on SEDAR at www.sedar.com.
About Almaden
Almaden is a well-financed mineral exploration company working in North America. The Company has assembled mineral exploration projects, including the Ixtaca Zone of the Tuligtic project, through its grass roots exploration efforts. While the properties are largely at early stages of development they represent exciting opportunities for the discovery of significant gold, silver and copper deposits as evidenced at Ixtaca. Almaden's business model is to find and acquire mineral properties and develop them by seeking option agreements with others who can acquire an interest in a project by making payments and exploration expenditures. Through this means the Company has been able to expose its shareholders to discovery and capital gain without the funding and consequent share dilution that would be required if the Company were to have developed these projects without a partner. The Company intends to expand this business model, described by some as prospect generation, by more aggressively exploring several of its projects including the Ixtaca Zone.
On Behalf of the Board of Directors
Morgan J. Poliquin, Ph.D., P.Eng., President, CEO and Director
Almaden Minerals Ltd.
