Almonty Industries Inc. is pleased to announce a non-brokered private placement raising gross proceeds of up to $1,300,000 through the issuance of up to 2,047,244 units at a price of $0.635 per unit. Each unit will be comprised of one common share of the Company and one share purchase warrant with each share purchase warrant entitling the holder to [...]
Almonty Industries Inc. today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis for the three and twelve months ended September 30, 2019. The Company provided notice, pursuant to Section 4.8 of National Instrument 51-102, that it has determined to change its [...]
Almonty Industries Inc. is pleased to announce that it has entered into an Amended and Restated Loan Agreement with Unicredit Bank AG . The Company has restructured its existing debt with the Unicredit Bank AG such that the existing Term and Revolving loans with a total principal amount of approximately US$13.7 million will be rolled into a new [...]
Almonty Industries Inc. provides an update on operational development at its wholly owned mines in Portugal, Spain and South Korea: The Panasqueira Mine in Portugal announces that the second tailings dam has been completed and is ready for operation. The completion of the second tailings dam will enable Panasqueira to process and store tailings for [...]
Almonty Industries Inc. announces that it has executed an engagement agreement with KB Securities , one of the top tier securities companies in Korea and a wholly-owned subsidiary of KB Bank, for the lead management of the potential secondary listing of Almonty on the KOSDAQ section of the Korean Exchange . For the listing of Almonty on the KOSDAQ [...]
Almonty Industries Inc. announces that it has executed an engagement agreement with KB Securities , one of the top tier securities companies in Korea and a wholly-owned subsidiary of KB Bank, for the lead management of the potential secondary listing of Almonty on the KOSDAQ section of the Korean Exchange . For the listing of Almonty on the KOSDAQ [...]
Almonty Industries Inc. today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis for the three and nine months ended June 30, 2019. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following [...]
Almonty Industries Inc. is pleased to announce that it has obtained the clearance and acceptance by the Lending Bank of the final technical due diligence report on the Sangdong Mine Development Project submitted by the Independent Engineer. The final acceptance of the Independent Engineer’s report signifies the clearance of certain pending [...]
Almonty Industries Inc. ) announces that it has signed a Power Supply and Consumption Agreement with Korea Electric Power Corporation for the construction and supply of a power line to the Sangdong Tungsten Mine located in the Republic of Korea. The Power Supply and Consumption Agreement, entered into on May 29, 2019 between Almonty Korea Tungsten [...]
Almonty Industries Inc. today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis for the three and six months ended March 31, 2019. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following [...]
Almonty Industries Inc. today announced that at the annual and special meeting of shareholders held on March 28, 2019 , each of the five nominees listed in the management information circular dated February 21, 2019 were elected as directors of the Company. A total of 95,328,360 common shares or 52.54% of Almonty’s issued and outstanding [...]
Almonty Industries Inc. today announced that it has filed with the Toronto Stock Exchange , and the TSX has accepted, a notice of intention of the Company to make a normal course issuer bid permitting Almonty to purchase for cancellation up to 9,072,094 common shares over a 12-month period, representing approximately 5% of the Shares outstanding as [...]
