Almadex Hits 153.50 Meters of 0.68 g/t Gold and 0.27% Copper Including 84.00 Meters of 0.96 g/t Gold and 0.37% Copper in Hole EC-17-021 at the Norte Zone, Identifies New Zone of Mineralised Outcrop in the Encinal Zone

Azucar Minerals Ltd.

VANCOUVER, BC--(Marketwired - June 19, 2017) - Almadex Minerals Limited ("Almadex" or the "Company") (TSX VENTURE: AMZ) (OTCQB: AXDDF) is pleased to announce it has received assay results from holes EC-17-021 and EC-17-022 of the 2017 Norte Zone drilling program. EC-17-021 was drilled at an azimuth of 000 from a new pad, located about 285 meters to the south from pad EC-16-010. Hole EC-17-022 was drilled from the same pad as hole EC-16-020 but to the north at an azimuth of 000 degrees. Hole EC-17-021 intersected significant mineralisation starting at a depth of 93 meters. Hole EC-17-022 helps define the mineralised zone along strike and provides a significant stepout from the previous hole drilled from this collar, EC-17-020. Highlights from holes EC-17-021 and 22 include the following intercepts which are also shown on the attached plan and sections: