Almonty Announces a Sangdong Update and the Appointment of New Director in Anticipation of the Application for ASX Listing
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.
The official execution and commencement of the road and river diversion project has begun at the Sangdong Mine site in Korea. Monthly meetings are now being conducted with local residents in order to provide updates on what is happening at the site, and to take any questions/comments they may have.
Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three Months Ended March 31, 2021
Almonty Industries today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis (“MD&A”) for the three months ended March 31, 2021.
Almonty expands their Environmental, Social and Governance (ESG) program, signing an MOU with Seoul National University to foster local mining talent.
Almonty expands their Environmental, Social and Governance (ESG) program, signing a memorandum of understanding (MOU) with Seoul National University to foster local mining talent via an industry-academic cooperation program, field training, information exchanges and technology exchange.
The concrete batch plant is now completed. This plant will provide service to all underground mine development and to the surface construction, and the renovation of the administration office in the town of Sangdong is completed.
Almonty Industries Announces it now has Cash in Hand & Binding Commitments from Existing Shareholders & Insiders of $9,590,000. Almonty also Announces the Prospectus for Admission to the ASX is Nearing Completion
Almonty Industries Inc. is pleased to announce it has closed 2 previously anticipated private placements and secured binding commitments from existing shareholders and insiders on a convertible debenture.
Lewis Black And The Plansee Group Conclude Share Sale/Purchase Prior to KfW IPEX Bank Financial Close for the Construction of the Sangdong Tungsten Mine
The Plansee group has concluded the agreement to purchase 10,587,056 shares at $1.06 from President and CEO – Lewis Black as part of the previously contemplated transaction announced in December 2020.
Almonty Industries Announces that the Maturity Dates of Long-term Debt Totalling $54.1m Have Now Been Successfully Extended to Comfortably Past the Commissioning Date of The Sangdong Tungsten Project in Korea. In Addition, Almonty Announces the Appointment of a CFO in Korea.
Almonty Industries is pleased to announce that the maturity dates for approximately $54.1M of all its debt facilities have been extended. The bulk of this $54.1m is now maturing end of Q4 2023.
Almonty Industries Inc. Announces the Scheduling of the Historical Confirmation Drilling Campaign for its Sangdong Moly Project.
Almonty Industries 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.
Almonty Industries Inc. Announces the Expansion of its ESG (Environmental, Social and Governance) Program
Almonty Industries is pleased to announce the expansion of its current Environmental, Social and Governance (ESG) program at its Panasqueira mine in Portugal and at its Sangdong project in South Korea.
Almonty Industries Inc. engages in the mining, processing, and shipping of tungsten concentrate. The company owns interests in the Los Santos mine located near Salamanca, Spain; the Panasqueira tin and tungsten mine situated in Covilha and Castelo Branco, Portugal; and the Sangdong tungsten mine situated in Gangwon Province, Republic of Korea; and the Valtre Valtreixal tin and tungsten project located in Zamora province, Western Spain. Almonty Industries Inc. is headquartered in Toronto, Canada.
Industry: Other Industrial Metals & Mining
Sector: Basic Materials
Phone: +1 (647) 438-9766