Mr. Duane Poliquin reports

ALMADEN ANNOUNCES INTENTION TO MIGRATE CANADIAN EXCHANGE LISTING FROM THE TSX TO THE TSX VENTURE EXCHANGE

Almaden Minerals Ltd. intends to migrate its Canadian stock exchange listing from the Toronto Stock Exchange to the TSX Venture Exchange.

In order to complete this migration, the company has applied to voluntarily delist its shares from the Toronto Stock Exchange, and has received conditional approval from the TSX-V to list its shares as a Tier 2 mining issuer. Shareholder approval of the migration is not required under the policies of the TSX as the TSX-V is an acceptable alternative market. Almaden expects the migration to facilitate seamless trading in its common shares, which will continue to trade under the symbol AMM on the TSX-V.

Almaden is pursuing this migration due to the costs associated with a TSX listing versus a TSX-V listing and because Almaden's continuing business may not be compatible with TSX continued listing requirements. Almaden expects the delisting from the TSX to occur at the close of business on Aug. 12, and the listing on the TSX-V to commence at the open of business on Aug. 13, 2025.

We seek Safe Harbor.