Almaden Minerals Ltd (AAUAF)

[MuskVoice]

AlmadenComments on Media ReportsVancouver, B.C. Almaden Minerals Ltd. (“Almaden” or “the Company”; TSX: AMM; NYSE American: AAU)understands that certain media have reported that Mexico’s Supreme Court will soon make a ruling on the constitutionality of the Mexico’s mining code, stemming from a complaint brought in relation to the Company’s mineral claims in Ixtacamaxtitlán, Puebla State, Mexico.

The Company wishes to confirm that the case pertaining to its Ixtaca mineral claims is not being heard atthe Supreme Court level and therefore this reported ruling cannot relate to the Company’s Ixtacaproject.

The Company is aware that other mineral claims in Puebla State unrelated to the Company’s Ixtaca project are the subject of one or more complaints at the Supreme Court level, but the Company has no first-hand knowledge of the status of these cases