Almonty Industries Inc. (“Almonty” or the “Company”) (TSXV: AII) announces that on December 31, 2015 it reached an agreement with respect to an expansion of its existing guaranteed loan agreement by up to US$14.0 million ( the “Support Agreement”). The Company has entered into a long-term US$7.0 million working [...]
Almonty Industries Inc. (“Almonty” or the “Company”) (TSX-V: AII) today announced the filing of an updated National Instrument 43-101 Technical Report for the Sangdong tungsten mine in Gangwon Province, South Korea. The Technical Report was filed on SEDAR (www.sedar.com) under Almonty’s company profile and will also be [...]
Almonty Industries Inc. (“Almonty” or the “Company”) (TSXV:AII) announces that on January 5, 2016 that its subsidiary, Almonty Korea Tungsten Corporation (“AKTC”) has signed an agreement with Korea Engineering Consultants Corporation (“KECC”) to conduct detailed engineering and design work on a [...]
Almonty Industries Inc. (“Almonty”) (TSXV: AII) is pleased to announce it has acquired a 100% ownership interest in Beralt Ventures Inc. (“BVI”) from Sojitz Tungsten Resources, Inc. BVI, through its wholly-owned subsidiaries, is the 100% owner of the various rights and interests comprising the Panasqueira tungsten mine in [...]
Almonty Industries Inc. (“Almonty”) (TSXV:AII) is pleased to announce the granting of stock options to members of the board of directors and management of Almonty. Dan D’Amato received 500,000 options, Lewis Black received 300,000 options and Dr. Thomas Gutschlag received 100,000 options. The options are being granted pursuant to [...]
Deutsche Rohstoff, announced today that it has published an updated NI 43-101 report for the two operating mines Los Santos (Spain) and Wolfram Camp (Australia) as well as the Valtreixal development project (Spain). Combined with the resources announced earlier in the year for the Sangdong development project (South Korea) the current reserves of [...]
Almonty Industries today announced the filing of National Instrument 43-101 Technical Reports for each of: the Los Santos Mine, a tungsten mine located in Western Spain; the Wolfram Camp Mine, a tungsten mine located in Queensland, Australia; and the Valtreixal Project, a tin tungsten development project located in North Western Spain. The [...]
Almonty Industries Inc. (“Almonty”) (TSXV:AII) is pleased to announce that it has completed a non-brokered private placement of 625,000 units (the “Units”) at a price of $0.80 per Unit, for gross proceeds of $500,000 (the “Offering”). Each Unit is comprised of one common share in the capital of Almonty (each, a [...]
Almonty Industries announces it has completed its previously announced non-brokered private placement of a secured convertible debenture in the principal amount of $4,000,000 as well as an unsecured bridge financing of $2,100,000, for combined total gross proceeds of $6,100,000. The terms of the Debenture Offering and the Bridge Loan are described [...]
Almonty Industries and Woulfe Mining are pleased to announce that Almonty has completed its acquisition of Woulfe by acquiring all of the outstanding shares of Woulfe pursuant to an arrangement under the Business Corporations Act (British Columbia). The transaction was previously approved by Woulfe shareholders in accordance with the requirements [...]
Almonty Industries Inc. (“Almonty” or the “Company”) (TSX-V: AII) today announced the filing of its unaudited interim condensed consolidated financial statements and management discussion & analysis (“MD&A”) for the three and nine month periods ended June 30, 2015. Unless otherwise indicated, all currency amounts [...]
Almonty Industries and Woulfe Mining are pleased to announce that Woulfe shareholders voted overwhelmingly in favour of the Plan of Arrangement pursuant to which Almonty and Woulfe will proceed with a business combination in which Almonty will acquire all of the outstanding common shares of Woulfe that Almonty does not already own by way of a court [...]