Almadex sells royalty portfolio to Empress

Almadex Minerals Ltd. completed the sale of a portfolio of net smelter return royalty interests on mineral properties in Canada, the United States, and Mexico to Empress Royalty Corp.. for aggregate consideration of US$2,500,000. The consideration consisted of US$1,000,000 in cash and 2,562,802 common shares of Empress, valued at US$1,500,000. The royalty portfolio includes 1.5% and 2.0% net smelter return royalties on precious and base metal projects located in Mexico, Canada — British Columbia, Canada — Yukon, and United States — Nevada. The Empress shares issued to Almadex are subject to a statutory hold period of four months and one day. The transaction was previously announced on July 10, 2026, and has now closed.