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DEX.V ·

Almadex Announces Sale of Royalty Interests

Royalties & Streams

NEWS RELEASE

July 10, 2026

Trading Symbols: TSX-V: DEX

www.almadexminerals.com

Almadex Announces Sale of Royalty Interests

VANCOUVER, B.C. Almadex Minerals Ltd. (“Almadex” or the “Company”) (TSX-V: “DEX”) announces that

it has entered into a royalty purchase agreement with Empress Royalty Corp. (“Empress”) pursuant to which

Almadex and certain of its subsidiaries have agreed t o sell to Empress a portfolio of net smelter return

royalty interests on mineral properties in Canada, the United States and Mexico for aggregate consideration

of US$2,500,000.

The consideration payable to Almadex consists of US$1,000,000 in cash and 2,5 62,802 common shares

of Empress, having an agreed value of US$1,500,000. The royalty portfolio includes certain 1.5% and 2.0%

net smelter return royalties on precious and base metal projects, including royalties located in Mexico,

British Columbia, Yukon and Nevada.

Closing of the transaction is subject to customary closing conditions, including receipt of applicable third -

party consents and acknowledgements and approval of the TSX Venture Exchange for the issuance and

listing of the Empress shares. The Empress shares issued to Almadex will be subject to a statutory hold

period of four months and one day from the date of issuance in accordance with applicable securities laws.

About Almadex

Almadex Minerals Ltd. is a mineral exploration company focused on base and precious metals in the

western United States. The Company owns several portable diamond drill rigs, enabling it to conduct cost

effective first pass exploration drilling in house.

On behalf of the Board of Directors,

“Morgan Poliquin”

Morgan Poliquin, President and CEO

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.

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within it, other than

statements of historical fact, are to be considered forward looking. Forward -looking statements in this news release include, among

other things, statements regarding the anticipated completion of the transaction, the timing of closing, the satisfaction or waiver of

closing conditions, the receipt of required consents, acknowledgements and approvals, including approval of the TSX Venture

Exchange, and the expected issuance of Empress shares to Almadex. Although the Company believes the expectations expressed

in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance

and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual

results to differ materially from those in forward-looking statements include the failure to obtain required consents, acknowledgements

or approvals, including approval of the TSX Venture Exchange, the failure to satisfy closing conditions, changes in market prices,

exploitation and exploration successes, permitting, continued availability of capital and financing, equipment availability and general

economic, market or business conditions. There can be no assurances that forward -looking statements will prove accurate and,

therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to

update any forward-looking statements, other than as required pursuant to applicable securities laws.

Contact Information:

Almadex Minerals Ltd.

Tel. 604.689.7644

Email: [email protected]

http://www.almadexminerals.com/