Almonty Industries Inc. is pleased to announce the appointment of Andrew Frazer to its Board of Directors. The appointment of Mr. Frazer to our board is in anticipation of our application to the Australian Stock Exchange for listing. Andrew Frazer has over 30 years of capital markets experience and is the founder and managing director of Lazarus [...]
Almonty Industries Inc. today announced the filing of its unaudited interim condensed consolidated financial statements and management's discussion & analysis for the three months ended March 31, 2021. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial [...]
Almonty Industries Inc. today announced the filing of its audited annual consolidated financial statements, management's discussion & analysis and Annual Information Form for the year ended December 31, 2020. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. During the fifteen months [...]
Almonty Industries Inc. wishes to provide a status update further to the management cease trade order issued by the Ontario Securities Commission dated April 1, 2021 in respect of the Company's securities under National Policy 12-203 - Management Cease Trade Orders . The MCTO only prohibits the Chief Executive Officer and the Chief Financial [...]
Almonty Industries Inc. is pleased to update progress at its Korean site. The concrete batch plant is now completed. This plant will provide service to all underground mine development and to the surface construction. The renovation of the administration office in the town of Sangdong is completed. Electing to renovate the old Sangdong post office [...]
Almonty Industries Inc. wishes to provide a bi-weekly status update further to the management cease trade order issued by the Ontario Securities Commission dated April 1, 2021 in respect of the Company's securities under National Policy 12-203 - Management Cease Trade Orders . The MCTO only prohibits the Chief Executive Officer and the Chief [...]
Almonty Industries Inc. is pleased to announce that it has closed two previously anticipated private placements and secured binding commitments from existing shareholders and insiders on a convertible debenture. The private placements were agreed prior to the recent appreciation of the share price with existing European shareholders and the Company [...]
Almonty Industries Inc. announces that the Plansee Group has concluded the agreement to purchase 10,587,056 shares at $1.06 from Lewis Black as part of the previously contemplated transaction announced in December 2020. This transaction provided Almonty with both a US$20m cost overrun guarantee dedicated to the construction of the Sangdong project [...]
Almonty Industries Inc. wishes to provide a bi-weekly status update further to the management cease trade order issued by the Ontario Securities Commission dated April 1, 2021 in respect of the Company's securities under National Policy 12-203 - Management Cease Trade Orders . The MCTO only prohibits the Chief Executive Officer and the Chief [...]
Almonty Industries Inc. announces that it expects a delay of approximately 14 days in filing its audited annual financial statements, management's discussion and analysis and related officer certifications for the year ended December 31, 2020 which are required to be filed on March 31, 2021 . The expected delay is due to complications caused by the [...]
Almonty Industries Inc. is pleased to announce that the maturity dates for approximately $54.1 M of all its debt facilities have been extended. The bulk of this $54.1m is now maturing end of Q4 2023. The existing terms for all of the $54.1 M debt facilities have remained the same as they were previously which are interest only balloon facilities [...]
Almonty Industries Inc. is pleased to announce that it has now scheduled a start date of the week of April 12th, 2021 to commence a 12,500m drilling campaign to convert the existing historical data for its Sangdong Molybdenum Project into a NI 43-101 and JORC compliant report. The estimated time of this campaign is approximately 6 months to [...]
