Almadex Announces Changes in Directors
NEWS RELEASE
December 1, 2021
Trading Symbols:
TSX-V: DEX
www.almadexminerals.com
Almadex Announces Changes in Directors
VANCOUVER, B.C. Almadex Minerals L td. ("Almadex" or the "Company") (TSX-V: “DEX”) is pleased to
announce the appointment of Darcy Marud and Tracey Meintjes to Almadex‘s Board of Directors . In
addition, Almadex announces the departure of long-standing director, John “Jack” McCleary, who is retiring
after many years of valued service.
Mr. Marud is a Professional G eologist with more than 30 years of precious metals exploration experience
in the Americas and is an active member of the Association of Professional Geoscientists of Ontario and a
graduate of the University of Saskatchewan with a BSc Honors in Geology (19 85). Mr. Marud is currently
the CEO of Western Exploration LLC, a Nevada based precious metals exploration company, and has been
in that role since December 2017. Previously he was Senior VP Exploration at Yamana Gold from 2007 to
2013 and Executive Vice P resident - Enterprise Strategy from 2014 until his departure from Yamana in
September 2017. Prior to Yamana Gold Mr. Marud held senior roles in exploration with Homestake Mining
Company, FMC Gold Corp and Meridian Gold Inc. During his career, Mr. Marud has been involved in the
discovery and subsequent development of significant precious metals deposits including: El Peñón, Chile;
Mercedes, Mexico and Pilar and Corpo Sul (Chapada) in Brazil.
Mr. Meintjes has 25 years of experience in mining project developm ent in North America, South America,
Europe and Africa. His recent practice as an engineering consultant followed a career with Anglo American,
Anglo Gold, Rio Tinto and Teck, with experience in mine evaluations, project acquisitions, metallurgical
process development, strategic mine planning, and operations value optimization. Projects that Tracey has
been involved in that have been constructed over his career include Cerro Vanguardia (Anglo Gold), Pueblo
Viejo (Placer Dome - commissioned by Barrick/Goldco rp in 2012), and more recently Moose River
Consolidated (Atlantic Gold). Tracey is currently Vice President of Engineering Studies at Seabridge Gold.
Duane Poliquin, Chairman of Almadex, stated “I would first like to thank Jack McCleary for his many years
as a friend and valued advisor to Almadex and its predecessor companies. We wish him and his family all
the best on a well -deserved retirement. We are also grateful to welcome two very highly qua lified people
as new independent directors to the Company. Both Darcy and Tracey have extensive experience in the
business and share our enthusiasm for grassroots exploration and project development. We warmly
welcome Darcy and Tracey and look forward to working with them in the future.”
Almadex also announces that, pursuant to its Stock Option Plan, it has granted stock options to officers,
employees, and directors of the Company to purchase an aggregate 1,075,000 common shares in the
capital of the Company at an exercise price of $0.31 per share which expire on December 5, 2023.
About Almadex
Almadex Minerals Ltd. is an exploration company that holds a large mineral portfolio consisting of projects
and NSR royalties in Canada, the U.S., and Mexico. This portfolio is the direct result of many years of
prospecting and deal-making by Almadex's management team. The Company owns a number of portable
diamond drill rigs, enabling it to conduct cost effective first pass exploration drilling in house.
On behalf of the Board of Directors,
“J. Duane Poliquin”
J. Duane Poliquin, Chairman
Almadex Minerals Ltd.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
Almadex Minerals Ltd.
Tel. 604.689.7644
Email: [email protected]
http://www.almadexminerals.com/