UNCLASSIFIED - NON CLASSIFIÉ

Extractive Sector Transparency Measures Act - Annual Report

Reporting Entity Name

ALMADEX MINERALS LTD.

Reporting Year

From

01/01/2023

To:

31/12/2023

Date submitted

10/05/2024

Reporting Entity ESTMA Identification Number

E347810

Original Submission

Amended Report

Other Subsidiaries Included

(optional field)

Not Consolidated

Not Substituted

Attestation by Reporting Entity

In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.

Full Name of Director or Officer of Reporting Entity

Korm Trieu

Position Title

Chief Financial Officer

Date

10/05/2024

UNCLASSIFIED - NON CLASSIFIÉ

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

01/01/2023

To:

31/12/2023

Reporting Entity Name

ALMADEX MINERALS LTD.

Currency of the Report

CAD

Reporting Entity ESTMA

E347810

Identification Number

Subsidiary Reporting Entities (if

necessary)

Payments by Payee

Departments, Agency, etc…

Infrastructure

Total Amount paid to

Country

Payee Name1

within Payee that Received

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Notes34

Improvement Payments

Payee

Payments2

Mining claims reported in Canadian

Mexico

National Government of

Secretary of Economy

120,000

120,000

dollar using the exchange rate

Mexico

prevailing at the date of payment, $1

Mexican Pesos = $0.0739 CAD

Mining claims reported in Canadian

United States of America

Government of the United

Bureau of Land Management

350,000

350,000

dollar using the exchange rate

States of America

(Nevada)

prevailing at the date of payment, $1

USD = $1.3435 CAD

Additional Notes:

All reported payments have been rounded to the nearest $10,000

UNCLASSIFIED - NON CLASSIFIÉ

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

01/01/2023

To:

31/12/2023

Reporting Entity Name

ALMADEX MINERALS LTD.

Currency of the Report

CAD

Reporting Entity ESTMA

E347810

Identification Number

Subsidiary Reporting Entities (if

necessary)

Payments by Project

Country

Project Name1

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure

Total Amount paid by

Notes23

Improvement Payments

Project

Mining claims reported in Canadian dollar using

Mexico

Yago

10,000

10,000 the exchange rate prevailing at the date of

payment, $1 Mexican Pesos = $0.0739 CAD

Mexico

Las Lajas

10,000

10,000

Mining claims reported in Canadian dollar using

the exchange rate prevailing at the date of

payment, $1 Mexican Pesos = $0.0739 CAD

Mining claims reported in Canadian dollar using

Mexico

Cofradia

30,000

30,000 the exchange rate prevailing at the date of

payment, $1 Mexican Pesos = $0.0739 CAD

Mining claims reported in Canadian dollar using

Mexico

Victoria (Nueva España)

70,000

70,000 the exchange rate prevailing at the date of

payment, $1 Mexican Pesos = $0.0739 CAD

Mining claims reported in Canadian dollar using

United States of America

Willow

40,000

40,000 the exchange rate prevailing at the date of

payment, $1 USD = $1.3435 CAD

Mining claims reported in Canadian dollar using

United States of America

Paradise Valley

40,000

40,000 the exchange rate prevailing at the date of

payment, $1 USD = $1.3435 CAD

Mining claims reported in Canadian dollar using

United States of America

Davis

40,000

40,000 the exchange rate prevailing at the date of

payment, $1 USD = $1.3435 CAD

Mining claims reported in Canadian dollar using

United States of America

Aragon

20,000

20,000 the exchange rate prevailing at the date of

payment, $1 USD = $1.3435 CAD

Mining claims reported in Canadian dollar using

United States of America

Pilot

40,000

40,000 the exchange rate prevailing at the date of

payment, $1 USD = $1.3435 CAD

Mining claims reported in Canadian dollar using

United States of America

Tierra Blanca

10,000

10,000 the exchange rate prevailing at the date of

payment, $1 USD = $1.3435 CAD

Mining claims reported in Canadian dollar using

United States of America

Radio

10,000

10,000 the exchange rate prevailing at the date of

payment, $1 USD = $1.3435 CAD

UNCLASSIFIED - NON CLASSIFIÉ

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

01/01/2023

To:

31/12/2023

Reporting Entity Name

ALMADEX MINERALS LTD.

Currency of the Report

CAD

Reporting Entity ESTMA

E347810

Identification Number

Subsidiary Reporting Entities (if

necessary)

Payments by Project

Country

Project Name1

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure

Total Amount paid by

Notes23

Improvement Payments

Project

Mining claims reported in Canadian dollar using

United States of America

BP

10,000

10,000 the exchange rate prevailing at the date of

payment, $1 USD = $1.3435 CAD

Mining claims reported in Canadian dollar using

United States of America

New Hope

60,000

60,000 the exchange rate prevailing at the date of

payment, $1 USD = $1.3435 CAD

Mining claims reported in Canadian dollar using

United States of America

Phyllo

20,000

20,000 the exchange rate prevailing at the date of

payment, $1 USD = $1.3435 CAD

Mining claims reported in Canadian dollar using

United States of America

County Line

60,000

60,000 the exchange rate prevailing at the date of

payment, $1 USD = $1.3435 CAD

Additional Notes3:

All reported payments have been rounded to the nearest $10,000

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Almadex Minerals Ltd. published this content on 15 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2024 16:35:07 UTC.