Almaden Minerals Ltd. Announces Closing of Private Placement
24 Febbraio 2011 - 9:49PM
Marketwired
Almaden Minerals Ltd. (TSX: AMM)(NYSE Amex: AAU) (the "Company")
announces that it has closed the Flow-Through Private Placement
consisting of 100,000 Common Shares at a price of $4.00 per Share.
The hold period in Canada on the securities expires on June 25,
2011.
Cash commissions totalling $4,800 have been paid.
The funds generated from the placement are to be used for the
continued exploration on the Company's ATW property.
On Behalf of the Board of Directors
Duane Poliquin, Chairman and Director
Almaden Minerals Ltd.
Statements contained in this news release that are not
historical facts are "forward looking statements" as that term is
used in United States and Canadian Securities laws and regulations.
Such forward-looking statements are subject to risks and
uncertainties which could cause actual results to differ materially
from estimated results. These statements relate to analyses and
other information that are based on forecasts of future results,
estimates of amounts not yet determinable and assumptions of
management. Any other statements that express or involve
discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions or future events or
performance (often, but not always, using words or phrases such as
"expects" or "does not expect", "is expected", "anticipates" or
"does not anticipate", "plans", "estimates" or "intends", or
stating that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved) are not
statements of historical fact and should be viewed as
"forward-looking statements". Such risks and uncertainties are
detailed in the Company's filings with the Securities and Exchange
Commission and on SEDAR. Such forward-looking statements, including
but not limited to, those with respect to potential expansion of
mineralization, potential size of mineralized zone, and size and
timing of exploration and development programs, estimated project
capital and other project costs and the timing of submission and
receipt and availability of regulatory approvals involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievement of Almaden to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements.
Such factors include, among others, risks related to
international operations and joint ventures, the actual results of
current exploration activities, conclusions of economic
evaluations, uncertainty in the estimation of mineral resources,
changes in project parameters as plans continue to be refined,
environmental risks and hazards, increased infrastructure and/or
operating costs, labour and employment matters, and government
regulation and permitting requirements as well as those factors
discussed in the section entitled "Risk Factors" in Almaden's
Annual Information form filed on SEDAR and Almaden's latest Form
20-F on file with the United States Securities and Exchange
Commission in Washington, D.C. Although Almaden has attempted to
identify important factors that could cause actual results to
differ materially, there may be other factors that cause results
not to be as anticipated, estimated or intended. There can be no
assurance that such statements will prove to be accurate as actual
results and future events could differ materially from those
anticipated in such statements. Almaden disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
other than as required pursuant to applicable securities laws.
Accordingly, readers should not place undue reliance on
forward-looking statements.
Neither the Toronto Stock Exchange (TSX) nor the NYSE Amex have
reviewed or accepted any responsibility for the adequacy or
accuracy of the contents of this news release which has been
prepared by management.
Contacts: Almaden Minerals Ltd. Duane Poliquin Chairman and
Director 604-689-7644 608-689-7645 (FAX)
www.almadenminerals.com
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