Almonty Industries Inc. , through its wholly-owned South Korean subsidiary, Almonty Korea Tungsten Corporation , is pleased to announce that it has received a fully executed Utilization Request for US$10.6 million in conjunction with the seventh and eighth drawdowns on the US$75.1 million KfW project loan facility related to the construction of the [...]
Almonty Industries Inc. is pleased to announce that its wholly-owned subsidiary, Almonty Korea Tungsten Corporation , has signed a memorandum of understanding with the Yeongwol County Office in South Korea to secure the location of the Sangdong Downstream Tungsten Oxide Plant. Yeongwol is located approximately 30 km's from the Sangdong Tungsten [...]
Almonty Industries Inc. is pleased to announce that on the 3rd of July, 2024, Kim Jin-tae, the Governor of Gangwon Special Self-Governing Province, toured Almonty's tungsten mine redevelopment site in Sangdong-eup, Yeongwol county, South Korea. Governor Kim was briefed on the redevelopment status of Almonty's Sangdong Mine with Choi Myung-seo, the [...]
Almonty Industries Inc. : In accordance with Section 11.3 of National Instrument 51-102, Continuous Disclosure Obligations, the following is a report of the matters voted on at the Company's Annual General and Special Meeting of Shareholders held on June 28, 2024: Common Shares represented at the Meeting: 121,514,694 Total issued and outstanding [...]
Almonty Industries Inc. is pleased to announce that in conjunction with its March 2024 Placement, the Company has closed a fourth tranche through the sale of the previously-announced firm commitment of 3,000,000 Placement Chess Depository Interests Units at A$0.62 per unit and is scheduled to close on an additional 1,090,909 common share units at [...]
Almonty Industries Inc. today announced the filing of its unaudited condensed interim consolidated financial statements and its management's discussion & analysis for the three months ended March 31, 2024. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial [...]
Almonty Industries Inc. is pleased to announce that following its March 2024 Placement, the Company has received firm commitments to raise further gross proceeds of A$1,860,000 via the issuance of 3,000,000 Placement Chess Depository Interests Units at A$0.62 per CDI Unit . Each CDI Unit participant will be issued one free unlisted option for every [...]
Almonty Industries Inc. announces that it plans to extend, in the aggregate, the term of 700,000 outstanding share purchase warrants that were due to expire on February 19, 2024, by one year. On February 13, 2024, the Board of Directors of the Company approved to extend the Insider Warrants held by Lewis Black and Dr. Thomas Gutschlag to February [...]
Almonty Industries Inc. is pleased to announce that, further to its news release dated March 22, 2024, it has closed three tranches of its non-brokered private placement through the sale of 4,263,263 units at a price of CDN$0.55 per CDN Unit, raising gross proceeds of CDN$2,344,795, and 1,525,000 Chess Depository Interests units at a price of [...]
Almonty Industries Inc. today announced the filing of its audited annual consolidated financial statements, management's discussion & analysis and AIF for the year ended December 31, 2023. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial information is for the [...]
Almonty Industries Inc. is pleased to announce that it has closed on a non-brokered private placement through the sale of 2,668,000 units at a price of $0.55 per unit raising gross proceeds of $1,467,400. Each CDN Unit is comprised of one common share and one share purchase warrant with each share purchase warrant being exercisable into one [...]