Tax Information

2016 AGM | Stock Info | Financials | Presentations | Tax Info | Analyst Coverage

As described more fully in the management information circular which was mailed to shareholders of Almaden Minerals Ltd. on May 15, 2015, for the purposes of the Income Tax Act (Canada),

Each shareholder received 0.6 of an Almadex share for each Almaden share held. Almaden has obtained a professional valuation which ascribes to the common shares of Almadex at the Effective Time (as at July 30, 2015) an aggregate fair market value of CAD$14.76 million, which equates to CAD$0.336 per common share, or CAD$0.202 for each 0.6 of a Common share of Almadex.

Almaden will prepare its tax returns based on this valuation, and believes that it would be reasonable for the Shareholders to also rely on the valuation for their own tax purposes. However the valuation is not binding on the Canada Revenue Agency.

The foregoing is qualified entirely by the Circular and is not intended to be tax advice to any particular Shareholder. Shareholders are encouraged to read the Circular in full and to consult with their own tax advisors having regard to their own circumstances.

Recent News


ALMADEN HAS MOVED!
Our main offices are now located on Granville Island.
Please click here + for a map of our new location
April 3rd, 2017
Almaden Reports 41% After-Tax IRR From Pre-Feasibility Study, Updated Resource and Production Target of 2019 for the Ixtaca Precious Metals Project, Mexico

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