Almaden Minerals Completes Sale of Rock Creek Mill and Settles Gold Loan with Almadex

Reuters

Jul 12

<a href="https://laohu8.com/S/AAU">Almaden Minerals</a> Completes Sale of <a href="https://laohu8.com/S/RCPIQ">Rock Creek</a> Mill and Settles Gold Loan with Almadex

Almaden Minerals Ltd. has announced the completion of the sale of the Rock Creek Mill to Metals Exploration PLC, resulting in gross proceeds of USD$9.7 million. With this transaction finalized, Almaden will proceed with the early repayment of its outstanding gold loan to Almadex Minerals Ltd. The repayment will involve the return of 397 ounces of undrawn gold and the physical delivery of gold bullion to Almadex, covering the loan balance, interest, and fees, totaling approximately USD$5.19 million. The gold bullion's value will be based on the prevailing London Bullion Market Association AM gold price at the time of settlement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Almaden Minerals Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-25-004431), on July 11, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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With this transaction finalized, Almaden will proceed with the early repayment of its outstanding gold loan to <a href=\"https://laohu8.com/S/AAMMF\">Almadex Minerals Ltd.</a> The repayment will involve the return of 397 ounces of undrawn gold and the physical delivery of gold bullion to Almadex, covering the loan balance, interest, and fees, totaling approximately USD$5.19 million. The gold bullion's value will be based on the prevailing London Bullion Market Association AM gold price at the time of settlement.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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With this transaction finalized, Almaden will proceed with the early repayment of its outstanding gold loan to <a href=\"https://laohu8.com/S/AAMMF\">Almadex Minerals Ltd.</a> The repayment will involve the return of 397 ounces of undrawn gold and the physical delivery of gold bullion to Almadex, covering the loan balance, interest, and fees, totaling approximately USD$5.19 million. The gold bullion's value will be based on the prevailing London Bullion Market Association AM gold price at the time of settlement.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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ID: 0001171843-25-004431), on July 11, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MTL.UK","symbol_name":"METALS EXPLORATION PLC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250711:nNDL7xYGpc:1","article_id":"2550968773","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2550968773","pubTimestamp":1752253794,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Almaden Minerals Ltd. has announced the completion of the sale of the Rock Creek Mill to Metals Exploration PLC, resulting in gross proceeds of USD$9.7 million. 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