Almonty Raises US$3.3M from Insiders and Existing Shareholders to Satisfy Final Plansee/GTP Condition Precedent to the Financial Closing of KfW US$75.1M Finance Facility – Drawdown Expected On Or Around May 21

Almonty Raises US$3.3M from Insiders and Existing Shareholders to Satisfy Final Plansee/GTP Condition Precedent to the Financial Closing of KfW US$75.1M Finance Facility – Drawdown Expected On Or Around May 21

Almonty Industries Inc. is pleased to announce the closing of its private placement to Directors of Almonty, existing shareholders and other insiders of 2,852,251 common shares at CDN$0.94 per share and 1,428,571 Units at US$0.70 per Unit to raise gross proceeds of approximately US$3.3 million (“Placement”).

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Almonty Announces the Filing of its Audited Consolidated Financial Statements, MD&A and AIF for the Year Ended December 31, 2021

Almonty Announces the Filing of its Audited Consolidated Financial Statements, MD&A and AIF for the Year Ended December 31, 2021

Almonty Industries (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) today announced the filing of its audited annual consolidated financial statements, management’s discussion & analysis (“MD&A”) and Annual Information Form (“AIF”) for the year ended December 31, 2021.

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Almonty Investigating the Construction of a Vertically Integrated Nano Tungsten Oxide Downstream Processing Plant to Supply South Korean Battery Anode and Cathode Manufacturing Industry

Almonty Investigating the Construction of a Vertically Integrated Nano Tungsten Oxide Downstream Processing Plant to Supply South Korean Battery Anode and Cathode Manufacturing Industry

Almonty Industries is pleased to announce it is investigating the construction of a vertically integrated nano tungsten oxide downstream processing plant (Sangdong Downstream Extension Project) to supply the South Korean battery anode manufacturing industry and the execution of a letter of intent (LOI) for the funding of the Sangdong Downstream Extension Project with the Company’s existing debt provider, KfW IPEX-Bank.

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Almonty Raises a Further A$2.12M in Private Placement to Advance Ongoing Growth Opportunities

Drawdown of KfW US$75m Loan Imminent Following Satisfaction of All Conditions Precedent

Almonty Industries Inc. (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: 1MR) is pleased to announce an update in relation to the KfW US$75.1 million loan facility. Almonty advises that it is in receipt of the completion of conditions precedent letter from KfW. Almonty has now satisfied all of the 110 conditions precedent.

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News Releases

TSX-T : AII.TO

ASX : AII.AX

OTC : ALMTF

FRA : ALI

Metso Equipment Has Started to Arrive at Almonty’s Sangdong Mine

Metso Equipment Has Started to Arrive at Almonty’s Sangdong Mine

Almonty Raises a Further A$2.12M in Private Placement to Advance Ongoing Growth Opportunities

Almonty Raises a Further A$2.12M in Private Placement to Advance Ongoing Growth Opportunities

Almonty Raises US$3.3M from Insiders and Existing Shareholders to Satisfy Final Plansee/GTP Condition Precedent to the Financial Closing of KfW US$75.1M Finance Facility – Drawdown Expected On Or Around May 21

Almonty Raises US$3.3M from Insiders and Existing Shareholders to Satisfy Final Plansee/GTP Condition Precedent to the Financial Closing of KfW US$75.1M Finance Facility – Drawdown Expected On Or Around May 21

Expedição Lusitânia – a South Atlantic crossing from Lisbon to Rio on SV Zalala skippered by Almonty’s Panasqueira Mine Manager.

Expedição Lusitânia – a South Atlantic crossing from Lisbon to Rio on SV Zalala skippered by Almonty’s Panasqueira Mine Manager.

Almonty Investigating the Construction of a Vertically Integrated Nano Tungsten Oxide Downstream Processing Plant to Supply South Korean Battery Anode and Cathode Manufacturing Industry

Almonty Investigating the Construction of a Vertically Integrated Nano Tungsten Oxide Downstream Processing Plant to Supply South Korean Battery Anode and Cathode Manufacturing Industry

Successful Placement of CDIs Following Approach By Institutional Investor

Successful Placement of CDIs Following Approach By Institutional Investor

Drawdown of KfW US$75m Loan Imminent Following Satisfaction of All Conditions Precedent

Drawdown of KfW US$75m Loan Imminent Following Satisfaction of All Conditions Precedent

Yeongwol Tungsten Mine Restarts After 20 Years… Korea reimagining ‘necessary goods independence strategy’

Yeongwol Tungsten Mine Restarts After 20 Years… Korea reimagining ‘necessary goods independence strategy’

Almonty Industries Signs an MOU with Local High School to Provide Job-Related Field Training Opportunities

Almonty Industries Signs an MOU with Local High School to Provide Job-Related Field Training Opportunities

The Road & River Diversion Program Completed at the Sangdong Mine Project in Korea

The Road & River Diversion Program Completed at the Sangdong Mine Project in Korea

Almonty Provides an Operational Update for its Sangdong Tungsten and Moly Mines

Almonty Provides an Operational Update for its Sangdong Tungsten and Moly Mines

Almonty Industries Inc would like to congratulate Donghoon Kang, who was awarded the Korea Resources Recycling Association President’s Award at the 2021 Mine-Tech Festa

Almonty Industries Inc would like to congratulate Donghoon Kang, who was awarded the Korea Resources Recycling Association President’s Award at the 2021 Mine-Tech Festa

If you are a shareholder of Almonty Industries Inc. and have questions regarding:

  • Change of Address and/or Name
  • Transfer of Shares
  • Consolidation of Share Certificates
  • Replacement of Lost Share Certificates
  • Estate Transfers

Contact the Company’s transfer agent directly at:

COMPUTERSHARE INVESTOR SERVICES INC.

510 Burrard Street, 2nd Floor
Vancouver, BC
V6C 3B9

Toll Free: 800 564 6253
Toll: +1 (514) 982 7555
Fax Number: +1 (514) 982 7635 / +1 (888) 453 0330

Almonty Industries

Symbol: AII.TO

Description:
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

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