Lower Court in Mexico Rules on Constitutionality of Mexican Mineral Title System and Former Claims Held by Almaden
Almaden Minerals, Ltd. Common Shares (AAU)
NASDAQ:AMEX Investor Relations:
almadenminerals.com/investors/stock_info.html
Company Research
Source: GlobeNewswire
VANCOUVER, British Columbia, April 15, 2019 (GLOBE NEWSWIRE) -- Almaden Minerals Ltd. and its 100% owned Mexican subsidiary (“Almaden” or “the Company”; TSX: AMM; NYSE American: AAU) has learned that a lower court in Puebla State has ruled that Mexico’s mineral title system is unconstitutional because consultation is not required before the granting of mineral title. The lawsuit was filed against the Mexican government regarding claims originally held by Almaden which covered a large area including the Ixtaca deposit. This ruling can be appealed by both the Government of Mexico and Almaden. The Company believes that this lawsuit is part of a broad effort by special interest groups to change the mining law and there are other similar actions active across Mexico. Almaden’s original mineral claims, which totalled approximately 14,000 hectares and are the subject of this lawsuit, were granted many years ago in full compliance with Mexican law. The lower court has ruled that the Mexic
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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