Almonty Announces The Closing of its $2,122,500 Private Placement for the KfW-IPEX Bank Arrangement Fee and the Ordering of Long Lead Time Equipment from Metso/Outotec
Almonty Industries is pleased to announce the closing of its private placement with existing European shareholders of 2,830,000 shares at CDN$0.75 per share. Orders have now been placed the primary crusher and sag mill with Metso/Outotec.
Almonty Industries Announces the Process for the Secondary Listing on the ASX Has Now Been Initiated
Almonty Industries Inc. is pleased to announce that the application for the secondary listing on the Australian Stock Exchange (“ASX”) has begun and the estimate is for the listing to be effective no later than April 2021.
Almonty Announces The Commencement Of Its Corporate And Board Restructuring To Shift Its Focus Toward Korea
Almonty is pleased to announce the first two new additions to our team as the Company begins its transition toward a much greater focus on Korea and the greater Asian and Australian financial markets. These appointments will become effective February 1st, 2021.
Almonty Industries Inc. has Closed a US$1,201,000 (CDN $1,537,688) Non-brokered Private Placement at CDN$0.75 with Lewis Black and Deutsche Rohstoff AG
Toronto – January 4, 2021 – Almonty Industries Inc. is pleased to announce that it has closed a non-brokered private placement raising gross proceeds of US$1,201,000 (CDN$1,537,688) through the issuance of 2,050,251 shares at a price of CDN$0.75 per share representing a more than 17% premium to current market.
Investor Presentation – Almonty Industries & Sangdong Mine Project
Almonty Industries has released a new Investor Presentation, providing investors and other interested parties with up to date details on Almonty Industries’ projects, as well as the tungsten mining sector in its present state.
Almonty Industries Inc. Announces An End-Of-Year Christmas Update
Toronto – December 14, 2020 – Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / OTCQX: ALMTF / Frankfurt: 1MR) is pleased to announce an end-of-year update on all projects around the world.
Construction of the Monty B Portal at the Sangdong Mine in South Korea has been Completed
Stage 1 complete – Construction of the Monty B Portal (the World’s largest tungsten mine) at Almonty Industries’ Sangdong Mine in South Korea has been completed on schedule.
Execution Of Project Financing Loan Agreements and Project Guarantee Documents for the Sangdong Mine In South Korea
Toronto – December 7, 2020 – Almonty Industries Inc. is pleased to announce the execution of the Facility Agreement (loan agreement) and the Completion Agreement with KfW-IPEX Bank GmbH for the US$75.1 million project financing for its wholly-owned Sangdong Mine located in South Korea.
New Production Sources of Tungsten Are Critical to Maintaining Healthcare Industry Supply
The trade relations between China and the U.S. have been tense over the last few years. This past January, China and the U.S. signed a “phase one” trade deal, where China agreed to buy an additional $200 billion of American goods and services over the following two years.
Construction of the World’s Largest Tungsten Mine Continues
A significant moment for Almonty Industries. Breaking ground for the ‘Monty B Portal’ at Almonty Industries’ Sangdong Mine finally sees construction of the World’s Largest Tungsten Mine commence in South Korea.
Almonty Korea Tungsten
Almonty Provides an Operational Update for its Sangdong Tungsten And Moly Mines
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
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.
Tungsten
The history of tungsten dates back to the Middle Ages. Learn more about Tungsten and Almonty Industries.
Almonty Industries
Almonty specializes in acquiring distressed and under-performing operations and assets in tungsten markets.
8 September 2020 – Almonty Industries Inc. is pleased to announce it has been named to the 2021 OTCQX Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.
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
Investment Information & Financials
Almonty Announces The Closing of its $2,122,500 Private Placement for the KfW-IPEX Bank Arrangement Fee and the Ordering of Long Lead Time Equipment from Metso/Outotec
Almonty Industries Announces the Process for the Secondary Listing on the ASX Has Now Been Initiated
Almonty Industries Inc. has Closed a US$1,201,000 (CDN $1,537,688) Non-brokered Private Placement at CDN$0.75 with Lewis Black and Deutsche Rohstoff AG
Investor Presentation – Almonty Industries & Sangdong Mine Project
Construction of the Monty B Portal at the Sangdong Mine in South Korea has been Completed
Interim Condensed Consolidated Financial Statements For the Three and Nine Months Ended September 30, 2020 and 2019
Management’s Discussion and Analysis For the Three and Nine Months Ended September 30, 2020
New Production Sources of Tungsten Are Critical to Maintaining Healthcare Industry Supply