Almaden Announces Results of Annual General Meeting

Rhea-AI Summary

Almaden Minerals Ltd. (AAU) held its Annual General Meeting (AGM) on June 29, 2021, where all shareholder proposals were approved. A total of 55,414,056 shares, representing 40.38% of eligible votes, were cast. Key outcomes included the election of directors, with Duane Poliquin receiving 98.08% of votes in favor. Notably, Ria Fitzgerald joins the Board, bringing 20 years of experience in equity capital markets and mining. Davidson & Company LLP was appointed as auditors for the upcoming year. Final voting results will be filed on SEDAR and EDGAR.

Positive

• Approval of all proposals at the AGM, indicating strong shareholder support.
• Ria Fitzgerald's appointment to the Board, enhancing expertise in equity capital and mining.
• Forty percent shareholder participation in the meeting highlights investor engagement.

Negative

• None.

VANCOUVER, British Columbia, June 29, 2021 (GLOBE NEWSWIRE) -- Almaden Minerals Ltd. (“Almaden" or the "Company"; TSX: AMM; NYSE American: AAU) is pleased to announce the results of its Annual General Meeting (“AGM”) held on June 29, 2021.

All of the matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular were approved by the requisite majority of votes cast at the AGM.

The details of the voting results for the election of directors are set out below:

Nominee	Votes For			Votes Withheld
Duane Poliquin	30,217,920	(98.08	%)	592,780	(1.92	%)
Morgan Poliquin	30,169,432	(97.92	%)	641,268	(2.08	%)
Alfredo Phillips	30,187,827	(97.98	%)	622,873	(2.02	%)
Kevin O’Kane	30,155,109	(97.87	%)	655,591	(2.13	%)
Elaine Ellingham	30,181,075	(97.96	%)	629,625	(2.04	%)
Ria Fitzgerald	30,146,599	(97.84	%)	664,101	(2.16	%)
William J. Worrall	30,162,612	(97.90	%)	648,088	(2.10	%)

A total of 55,414,056 common shares, representing 40.38% of the votes attached to all outstanding shares as at the record date for the Meeting, were represented at the AGM.

Shareholders also approved the appointment of Davidson & Company LLP as auditors of the Company for the ensuing year.

Duane Poliquin, Chairman of Almaden, stated “We would like to thank our shareholders for their support. Mark Brown did not stand for election to the Board this year as he has decided to focus on other business interests. We thank Mark for his years of service to the Company. At the same time, we welcome Ria Fitzgerald as a new Almaden Board member. Ria has twenty years of experience in equity capital markets, mergers and acquisitions, project financing and project development with global and start-up companies in mining, infrastructure, and renewable power sectors. She has ten years of experience as an investment banker focused on the mining industry, where she was involved in over 100 financings raising more than $7 billion in private and public equity for global mining companies. Ria holds a Bachelor of Commerce degree from the University of Saskatchewan, where she graduated with High Honours and Great Distinction, and is a Chartered Financial Analyst. We warmly welcome Ria to the Board and look forward to working with her in the future.”

Final results for all matters voted on at the AGM will be filed on SEDAR at www.sedar.com, on EDGAR at www.sec.gov/edgar.shtml, and on the Company's website.

About Almaden
Almaden Minerals Ltd. owns 100% of the Ixtaca project in Puebla State, Mexico, subject to a 2.0% NSR royalty held by Almadex Minerals Ltd. The Ixtaca deposit hosts a proven and probable reserve containing 1.38 million ounces of gold and 85.1 million ounces of silver (73.1 million tonnes grading 0.59 g/t Au and 36.3 g/t Ag). A report titled “Ixtaca Gold-Silver Project, Puebla State, Mexico NI 43-101 Technical Report on the Feasibility Study”, which was prepared in accordance with NI 43-101, is available under the Company’s profile on SEDAR and on the Company’s website. The Ixtaca Gold-Silver Deposit was discovered by Almaden in 2010.

On Behalf of the Board of Directors,

“Morgan Poliquin”        
Morgan J. Poliquin, Ph.D., P.Eng.
President, CEO and Director
Almaden Minerals Ltd.

Contact Information:

Almaden Minerals Ltd.
Tel. 604.689.7644
Email: info@almadenminerals.com
http://www.almadenminerals.com/

FAQ

What were the results of Almaden Minerals AGM on June 29, 2021?

All proposals submitted to shareholders at Almaden Minerals' AGM were approved, confirming robust support.

Who was elected to the board during the Almaden AGM?

Duane Poliquin and other nominees were elected with significant majority votes during the AGM.

What is the significance of Ria Fitzgerald joining Almaden's Board?

Ria Fitzgerald brings 20 years of experience in equity capital markets to Almaden, enhancing the Board's expertise.

What percentage of shares were represented at the Almaden AGM?

A total of 40.38% of outstanding shares were represented at the AGM.

Who will serve as auditors for Almaden Minerals for the upcoming year?

Davidson & Company LLP was appointed as auditors for Almaden Minerals for the forthcoming year.