ALMADEN MINERALS LTD | CIK:0001015647 | 3

  • Filed: 3/29/2018
  • Entity registrant name: ALMADEN MINERALS LTD (CIK: 0001015647)
  • Generator: Thunderdome
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1015647/000117184318002347/0001171843-18-002347-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1015647/000117184318002347/aau-20171231.xml
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    • ifrs-full:DisclosureOfCommitmentsExplanatory

    18.
    Commitments
    The Company has entered into a new operating lease for office premises effective
    April 1, 2017
    through to
    March 31, 2022.
     
    As at
    December 31, 2017,
    the remaining payments for executive contracts and the operating lease are due as follows:
     
        2018     2019     2020     2021     2022     Total  
                                         
    Office lease   $
    148,410
    		     $
    150,884
    		     $
    154,182
    		     $
    155,006
    		     $
    38,752
    		     $
    647,234
    		  
    Executive contracts    
    575,000
    		      
    240,000
    		      
    240,000
    		      
    240,000
    		      
    -
    		      
    1,295,000
    		  
        $
    723,410
    		     $
    390,884
    		     $
    394,182
    		     $
    395,006
    		     $
    38,752
    		     $
    1,942,234