Company Press Releases

Proposed Extension of Warrants

2023-02-17 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) announces that it plans to extend, in the aggregate, the term of 700,000 outstanding warrants by one year. The warrants are due to expire on February 19, 2023, and...Read More

Successful Placement of CDI's Raises A$2.0 Million

2023-01-25 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that the Company has received firm commitments, primarily from existing Australian institutional investors who requested to increase their st...Read More

Third Sangdong Loan Facility Drawdown & Project Update

2022-11-15 / @businesswire

Almonty Industries Inc. (“Almonty” or “the Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI), is pleased to announce it has completed its third scheduled drawdown of the total US$75.1 million KfW IPEX-Bank project finance facility for its Sangdong Tungsten...Read More

Almonty Announces the Filing of Its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three and Nine Months Ended September 30, 2022 and Another Quarter of Positive EBITDA From Mining Operations(1).

2022-11-15 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis (“MD&A&...Read More

Sangdong Downstream Extension Project Progressing

2022-09-21 / @businesswire

Almonty Industries Inc. ("Almonty" or the "Company") (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce an update in relation to the proposed nano tungsten oxide downstream processing plant. As announced on March 30, 2022, Almonty is investigating the...Read More

Sangdong Mine Operational Update and Second KfW Drawdown received

2022-08-24 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce an operational and financing update in relation to its Sangdong Tungsten Mine, which is currently under construction in South Korea. Operati...Read More

Almonty Announces the Filing of Its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three and Six Months Ended June 30, 2022 and Another Quarter of Positive EBITDA From Mining Operations(1).

2022-08-12 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis (“MD&A&...Read More

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

2022-07-28 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) today announced receipt of the first drawdown of US$12,818,081 on the KfW-IBEX Bank US$75.1 million project financing loan facility. Lewis Black, Chief Executive O...Read More

Significant Maiden Molybdenum Resource Defined Adjacent to the Tungsten Orebody at Sangdong Mine in South Korea

2022-07-18 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) 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 Alm...Read More

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

2022-07-05 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that it has received from KfW-IPEX Bank the fully executed utilization request for the first drawdown of US$12,818,081 from the US$75.1M faci...Read More

Almonty (the "Company") Annual and Special Meeting of Shareholders Report of Voting Results

2022-06-30 / @businesswire

In accordance with Section 11.3 of National Instrument 51-102, Continuous Disclosure Obligations, the following is a report of the matters voted on at the Company’s Annual and Special Meeting of Shareholders held on June 30, 2022:     Common Shares represented at the Meeting:...Read More

Almonty Raises a Further A$2.12m in Private Placement to Advance Ongoing Growth Opportunities

2022-06-07 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce the closing of a private placement of 2,494,118 Chess Depository Interests (“CDIs”) at A$0.85 per CDI to raise gross proceeds o...Read More

Almonty Announces the Filing of Its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three Months Ended March 31, 2022 and a Return to Positive EBITDA From Mining Operations(1)

2022-05-13 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis (“MD&A&...Read More

Almonty Investigating the Construction of a Vertically Integrated Nano Tungsten Oxide Downstream Processing Plant to Supply South Korean Battery Anode and Cathode Manufacturing Industry

2022-03-30 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce it is investigating the construction of a vertically integrated nano tungsten oxide downstream processing plant (Sangdong Downstream Extensio...Read More

Almonty Announces the Filing of Its Audited Consolidated Financial Statements, MD&A and AIF for the Year Ended December 31, 2021

2022-03-30 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (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 Ann...Read More

Almonty Signs MOU With South Korean Government & Global Leading Rare Metal Recycling Company to Strengthen South Korea's Domestic Supply Chain

2022-03-28 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to advise that it has signed a memorandum of understanding (“MOU”) with Korean Mine Rehabilitation and Resource Corporation (“KOMIR&...Read More

Successful Placement of CDIs Following Approach by Institutional Investor

2022-02-22 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that following the recent announcement in relation to the imminent drawdown of the KfW loan to fund construction of the Sangdong Tungsten Min...Read More

Drawdown of KfW US$75 Million Loan Imminent Following Satisfaction of All Conditions Precedent

2022-02-07 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (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 preced...Read More

Almonty Industries Inc. Completes Financing Transaction of $3.9 Million

2021-11-23 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: 1MR) announces it has completed the second tranche of its non-brokered private placement of unsecured convertible debentures in the aggregate approximate principal amoun...Read More

Almonty Announces the Filing of Its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three and Nine Months Ended September 30, 2021

2021-11-18 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: 1MR) today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis (“MD&A&...Read More

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