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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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

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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Almonty Korea Tungsten

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

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.

Panasqueira Portugal

Almonty Announces the Successful Capital Raising of A$15.25m and a Dual Listing on the ASX on 2nd August 2021

Almonty Announces the Successful Capital Raising of A$15.25m and a Dual Listing on the ASX on 2nd August 2021

Almonty Industries Inc. Announces the Expansion of its ESG (Environmental, Social and Governance) Program

Almonty Industries Inc. Announces the Expansion of its ESG (Environmental, Social and Governance) Program

Almonty Industries Inc. Announces An End-Of-Year Christmas Update

Almonty Industries Inc. Announces An End-Of-Year Christmas Update

Los Santos & Valtreixal Projects

COVID-19: We’re In This With You

COVID-19: We’re In This With You

Almonty Posts Operational Update On Its Mines In Portugal, Spain And South Korea

Almonty Posts Operational Update On Its Mines In Portugal, Spain And South Korea

Metso Equipment Arrives at Sangdong

The orders placed back in January 2021 for the long lead time items, being the primary crusher and the sag mill, with Metso/Outotec have started to arrive at our Sangdong Mine in South Korea.

Metso Outotec

Panasqueira Mine

Almonty, through its indirect wholly-owned subsidiary, Beralt Tin and Wolfram (Portugal) SA (“Beralt”), owns a 100% interest in the Panasqueira Tin Tungsten mine located in Covilha (Village of Panasqueira) Portugal. Beralt is the oldest Portuguese mining Company. The discovery registration was granted on Sept. 15, 1881 and the official mining license was dated from May 24, 1896.

Dual Listing on the ASX

2 August 2021 – Almonty Industries Inc. is pleased to announce the successful capital raising of A$15.25m and a dual listing on the ASX on 2nd August 2021. On behalf of the Board of Directors, Almonty Industries would like to welcome new shareholders to the Almonty share register as we continue construction of the world’s largest tungsten mine outside of China

Groundbreaking Ceremony

27 May 2021 – Almonty Industries Inc. welcomes over 100 visitors to the Groundbreaking Ceremony at the Sangdong Mine in Korea. Attendants included the County Mayor and his senior staff; Congress Members;  Deputy Heads of KIGAM and KORES, the Head of AMCHAM, the Plansee group CEO Korea; and a representative from the Austrian embassy.

OTCQX Best 50 2021

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 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 Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three Months Ended March 31, 2022

Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three Months Ended March 31, 2022

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 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 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

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’

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