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:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory

    8.
    Contingent Shares Receivable
    (a)           Gold Mountain Mining Corporation
     
    The Company formerly held contingent shares receivable in Gold Mountain. During the year ended
    December 31, 2015,
    a gain on fair value adjustment of
    $Nil
    was recorded. This asset was transferred to Almadex as detailed in the Plan of Arrangement on
    July 31, 2015 (
    Note
    2
    ).
     
    (b)           Goldgroup Mining Inc.
     
    The Company formerly held contingent shares receivable in Goldgroup Mining Inc. During the year ended
    December 31, 2015,
    a loss on fair value adjustment of
    $22,500
    was recorded. This asset was transferred to Almadex as detailed in the Plan of Arrangement on
    July 31, 2015 (
    Note
    2
    ).