Almaden Minerals Ltd. Announces Brokered Private Placement
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Sept. 8, 2010) –
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Almaden Minerals Ltd. (TSX:AMM)(NYSE Amex:AAU) (“Almaden”) announces that it has organised for a brokered in isolation chain with the vigilant of raising $7,500,000 for ongoing scrutiny and growth activities on Almaden’s Mexico projects. The chain will embody of 3,000,000 usual shares at $2.50 per Common Share (the “Offering”) with a over subsidy choice of fifteen % of the charity to cover over-allotment, if any.
A 7% money elect is on credit with apply oneself to the Offering. Proceeds from the in isolation chain will be used for ongoing scrutiny and growth of the Mexico projects, together with expanding training on the Ixtaca project, and for ubiquitous operative capital. The in isolation chain is theme to capitulation from the TSX Exchange and the NYSE/AMEX.
On Behalf of the Board of Directors
Morgan J. Poliquin, M.Sc., P.Eng., President, CEO and Director
Almaden Minerals Ltd.
Statements contained in this headlines recover that have been not chronological contribution have been brazen seeking statements as that tenure is tangible in the in isolation bonds lawsuit remodel action of 1995. Such brazen -looking statements have been theme to risks and uncertainties that could means tangible formula to talk about materially from estimated results. Such risks and uncertainties have been minute in the Company’s filing with the Securities and Exchange Commission. Except for the statements of chronological actuality contained herein, sure report presented constitutes “forward-looking statements” inside of the definition of the United States Private Securities Litigation Reform Act of 1995 and Canadian bonds laws. Such forward-looking statements, together with but not singular to, those with apply oneself to intensity enlargement of mineralization, intensity distance of mineralized zone, and distance and timing of scrutiny and growth programs, estimated plan collateral and alternative plan costs and the timing of acquiescence and taking and accessibility of regulatory approvals engage good known and opposite risks, uncertainties and alternative factors that might means the tangible results, opening or feat of Almaden to be materially opposite from any destiny results, opening or achievements voiced or pragmatic by such forward-looking statements. Such factors include, between others, risks associated to general operations and corner ventures, the tangible formula of stream scrutiny activities, conclusions of mercantile evaluations, doubt in the determination of vegetable resources, changes in plan parameters as skeleton go on to be refined, environmental risks and hazards, increasing infrastructure and/or handling costs, work and practice matters, and supervision law and needing mandate as good as those factors discussed in the territory entitled “Risk Factors” in Almaden’s Annual Information form and Almaden’s ultimate Form 20-F on record with the United States Securities and Exchange Commission in Washington, D.C. Although Almaden has attempted to brand critical factors that could means tangible formula to talk about materially, there might be alternative factors that means formula not to be as anticipated, estimated or intended. There can be no declaration that such statements will infer to be correct as tangible formula and destiny events could talk about materially from those expected in such statements. Almaden disclaims any goal or requisite to refurbish or correct any forward-looking statements, either as a outcome of brand new information, destiny events or otherwise, alternative than as compulsory pursuant to germane bonds laws. Accordingly, readers should not place unjustified faith on forward-looking statements.
THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.
Neither the Toronto Stock Exchange (TSX) nor the NYSE AMEX have reviewed or supposed any shortcoming for the endowment or correctness of the essence of this headlines recover that has been rebuilt by management.
