Almonty Industries Inc. Completes A Non-Brokered Phase One Financing For The Construction of their Sangdong Mine of EUR€3.25 Million Plus US$500,000

Almonty Industries Inc. Completes A Non-Brokered Phase One Financing For The Construction of their Sangdong Mine of EUR€3.25 Million Plus US$500,000

Toronto – July 13, 2020 – Almonty Industries announces it has completed a non-brokered private placement of secured convertible bonds in the principal amount of EUR 3,250,000 (the “Bond Offering”) as well as a secured loan of US$500,000 (approximately CDN$680,000) for a total of CDN$5,680,000.

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Almonty Announces Positive Q1-2020 EBITDA From Mining Operations and the Filing of its Unaudited Interim Consolidated Financial Statements And MD&A For The 3-Months Ended March 31, 2020

Almonty Announces Positive Q1-2020 EBITDA From Mining Operations and the Filing of its Unaudited Interim Consolidated Financial Statements And MD&A For The 3-Months Ended March 31, 2020

Almonty Industries Inc. today announced the filing of its unaudited interim consolidated financial statements and management’s discussion & analysis (MD&A) for the three months ended March 31, 2020. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars.

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Almonty announces positive $16,440,000 annual EBITDA from mining operations before non-cash impairment charge and the filing of its audited annual financial statements and MD&A for the fifteen months ended December 31, 2019

Almonty announces positive $16,440,000 annual EBITDA from mining operations before non-cash impairment charge and the filing of its audited annual financial statements and MD&A for the fifteen months ended December 31, 2019

Almonty Industries Inc. today announced the filing of its audited annual consolidated financial statements, management’s discussion & analysis and AIF for the fifteen months ended December 31, 2019.

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Almonty Korea Tungsten

Almonty Industries Second Update For Sangdong Mine US$75M Project Financing And The Finalization Of The Facility Agreement.

Almonty Industries Second Update For Sangdong Mine US$75M Project Financing And The Finalization Of The Facility Agreement.

Almonty Industries Inc. Completes A Non-Brokered Phase One Financing For The Construction of their Sangdong Mine of EUR€3.25 Million Plus US$500,000

Almonty Industries Inc. Completes A Non-Brokered Phase One Financing For The Construction of their Sangdong Mine of EUR€3.25 Million Plus US$500,000

Almonty Announces Finalization of Plant Layout of Sangdong Mine upon Fixation of Backfill Plant Location

Almonty Announces Finalization of Plant Layout of Sangdong Mine upon Fixation of Backfill Plant Location

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

The Story Behind Panasqueira Mines

The Story Behind Panasqueira Mines

Congressmen of Yeongwol County (Korea) Visits Panasqueira Mine

Congressmen of Yeongwol County (Korea) Visits Panasqueira Mine

OeKB And KFW Bank Visit Panasqueira Mine

OeKB And KFW Bank Visit Panasqueira Mine

Los Santos & Valtrexial Projects

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NEWS RELEASE

8 September 2020 – Almonty Industries Inc. announces a second update regarding the US$75M project financing of our Sangdong Tungsten Mine with KfW-IPEX Bank.

NEWS RELEASE

13 July 2020 – Almonty Industries Completes A Non-Brokered Phase One Financing For The Construction of the Sangdong Mine of €3.25M

NEWS RELEASE

7 May 2020 – Almonty Industries Announces Execution of Memorandum of Understanding with Provincial and County Governments for Collaboration and Supports for Sangdong Mine Development Project.

NEWS RELEASE

24 February 2020 – Almonty Industries Inc. announces that KfW IPEX-Bank has received the preliminary export credit cover from the Oesterreichische Kontrollbank AG (“OeKB”) for its project financing of the Sangdong Tungsten Mine.

NEWS RELEASE

23 January 2020 – Almonty Industries Inc. is pleased to announce that it has received a Binding Commitment Letter for US$76,000,000 from KfW IPEX–Bank GmbH.

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 Industries Second Update For Sangdong Mine US$75M Project Financing And The Finalization Of The Facility Agreement.

Almonty Industries Second Update For Sangdong Mine US$75M Project Financing And The Finalization Of The Facility Agreement.

A Survey of US Manufacturing Executives Illustrates the Concerns of China-Controlled Strategic Metals Supply Dominance

A Survey of US Manufacturing Executives Illustrates the Concerns of China-Controlled Strategic Metals Supply Dominance

Almonty Industries’ CEO Lewis Black is Interviewed by FreightWaves

Almonty Industries’ CEO Lewis Black is Interviewed by FreightWaves

Almonty Industries Inc. Completes A Non-Brokered Phase One Financing For The Construction of their Sangdong Mine of EUR€3.25 Million Plus US$500,000

Almonty Industries Inc. Completes A Non-Brokered Phase One Financing For The Construction of their Sangdong Mine of EUR€3.25 Million Plus US$500,000

Almonty Announces Positive Q1-2020 EBITDA From Mining Operations and the Filing of its Unaudited Interim Consolidated Financial Statements And MD&A For The 3-Months Ended March 31, 2020

Almonty Announces Positive Q1-2020 EBITDA From Mining Operations and the Filing of its Unaudited Interim Consolidated Financial Statements And MD&A For The 3-Months Ended March 31, 2020

Almonty Shares Begin Trading on Xetra in Germany

Almonty Shares Begin Trading on Xetra in Germany

Almonty announces positive $16,440,000 annual EBITDA from mining operations before non-cash impairment charge and the filing of its audited annual financial statements and MD&A for the fifteen months ended December 31, 2019

Almonty announces positive $16,440,000 annual EBITDA from mining operations before non-cash impairment charge and the filing of its audited annual financial statements and MD&A for the fifteen months ended December 31, 2019

Almonty Industries is Interviewed by Oswald Salcher

Almonty Industries is Interviewed by Oswald Salcher

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