Almaden Minerals Ltd. Enters into Secured Gold Loan Agreement with Almadex Minerals Ltd.
Almaden Minerals, Ltd. Common Shares (AAU)
NASDAQ:AMEX Investor Relations:
almadenminerals.com/investors/stock_info.html
Company Research
Source: GlobeNewswire
VANCOUVER, B.C., May 14, 2019 (GLOBE NEWSWIRE) -- Almaden Minerals Ltd. (“Almaden” or the “Borrower”; TSX: AMM; NYSE American: AAU) has entered into a secured gold loan agreement (“Gold Loan”) with Almadex Minerals Ltd. (“Almadex” or the “Lender”; TSX.V: DEX) pursuant to which Almadex has agreed to loan up to 1,597 ounces of gold to Almaden. The approximate value of this gold is US$2 million. Under the terms of the Gold Loan, Almaden will be entitled to draw-down the gold in minimum 400 oz tranches. At any given time, the amount of gold ounces drawn multiplied by the London Bullion Market Association (“LBMA”) AM gold price in U.S. dollars, plus any accrued interest or unpaid fees, shall constitute the Loan Value. The maturity date for the Gold Loan is March 31, 2024, and can be extended by two years at the discretion of the Borrower (the “Term”). Repayment of the Loan Value shall be made either through delivery of that amount of gold drawn, or through the issuance of shares of the
Show less
Read more
Impact Snapshot
Event Time:
AAU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AAU alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AAU alerts
High impacting Almaden Minerals, Ltd. Common Shares news events
Weekly update
A roundup of the hottest topics
AAU
News
- Almaden Minerals Ltd. (NYSE: AAU) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Almaden Confirms Delisting from NYSE American Stock Exchange and Listing on OTCQB Marketplace [Yahoo! Finance]Yahoo! Finance
- Almaden Confirms Delisting from NYSE American Stock Exchange and Listing on OTCQB Marketplace [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Almaden Confirms Delisting from NYSE American Stock Exchange and Listing on OTCQB MarketplaceGlobeNewswire
- Almaden Minerals Ltd. (NYSE: AAU) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
AAU
Sec Filings
- 4/5/24 - Form 6-K
- 3/25/24 - Form 25
- 3/20/24 - Form 6-K
- AAU's page on the SEC website