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 Korea Tungsten

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

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

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.

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.

Panasqueira Portugal

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

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

Los Santos & Valtreixal Projects

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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.

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

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

Construction Executive – International Trade: A Game Plan for Rare Earths and Strategic Metals

Construction Executive – International Trade: A Game Plan for Rare Earths and Strategic Metals

California’s new electrical vehicle proposal could considerably increase US demand for Tungsten

California’s new electrical vehicle proposal could considerably increase US demand for Tungsten

Lewis Black joins Brian Nichols to discuss the US trade economy, COVID impacts, and China’s economic strategies

Lewis Black joins Brian Nichols to discuss the US trade economy, COVID impacts, and China’s economic strategies

A Meeting between Almonty and the Deputy Minister of MOTIE for the Korean Central Government was hosted by AMCHAM

A Meeting between Almonty and the Deputy Minister of MOTIE for the Korean Central Government was hosted by AMCHAM

News | Financial – Almonty Industries: Access To Critical Raw Materials

News | Financial – Almonty Industries: Access To Critical Raw Materials

The Korea Times Interviews Almonty’s CEO Lewis Black and Former US Senator Alfonse D’Amato on the Growing Global Significance of Almonty’s Sangdong Mine in Korea

The Korea Times Interviews Almonty’s CEO Lewis Black and Former US Senator Alfonse D’Amato on the Growing Global Significance of Almonty’s Sangdong Mine in Korea

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

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