Significant Maiden Molybdenum Resource Defined Adjacent To The  Tungsten Orebody At Sangdong Mine In South Korea

Significant Maiden Molybdenum Resource Defined Adjacent To The Tungsten Orebody At Sangdong Mine In South Korea

Almonty is pleased to announce a maiden JORC 2012-compliant Inferred Mineral Resource Estimate (MRE) of 21.48Mt @ 0.26% MoS2 at the 0.19% MoS2 reporting cut-off for the Almonty Korea Moly Project, which is located on the existing Sangdong Tungsten Mine currently under construction in South Korea.

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Almonty Announces Receipt of the Fully Executed Utilization Request for the First Drawdown of the US$75.1M Facility

Almonty Announces Receipt of the Fully Executed Utilization Request for the First Drawdown of the US$75.1M Facility

Almonty Industries is pleased to announce it has received from KfW-IPEX Bank the fully executed utilization request for the first drawdown of US$12.8M from the US$75.1M facility. The mortgage registration has now commenced in South Korea and, upon completion, the first drawdown funds will be sent to Almonty.

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Sangdong Downstream Extension Project Progressing

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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News Releases

TSX-T : AII.TO

ASX : AII.AX

OTC : ALMTF

FRA : ALI

Sangdong Downstream Extension Project Progressing

Sangdong Downstream Extension Project Progressing

Sangdong Mine – Operational Update and Second KfW Drawdown Received

Sangdong Mine – Operational Update and Second KfW Drawdown Received

Metso Equipment arriving at Almonty’s Sangdong Mine

Metso Equipment arriving at Almonty’s Sangdong Mine

Almonty Announces Receipt of the First Drawdown Amount of US$12,818,081 with the Next Drawdown of US$4,840,524 Now Scheduled for August 11, 2022

Almonty Announces Receipt of the First Drawdown Amount of US$12,818,081 with the Next Drawdown of US$4,840,524 Now Scheduled for August 11, 2022

Significant Maiden Molybdenum Resource Defined Adjacent To The  Tungsten Orebody At Sangdong Mine In South Korea

Significant Maiden Molybdenum Resource Defined Adjacent To The Tungsten Orebody At Sangdong Mine In South Korea

Almonty Announces Receipt of the Fully Executed Utilization Request for the First Drawdown of the US$75.1M Facility

Almonty Announces Receipt of the Fully Executed Utilization Request for the First Drawdown of the US$75.1M Facility

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

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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