Company Press Releases

Almonty Industries Inc. Announces the Process for the Secondary Listing on the ASX Has Now Been Initiated.

2021-01-19 / @businesswire

Almonty Industries Inc. (“Almonty”) (TSX: AII / OTCQX: ALMTF / Frankfurt: 1MR) is pleased to announce that the application for the secondary listing on the Australian Stock Exchange (“ASX”) has begun with the estimate for the listing to be effective no later than April 2...Read More

Almonty Industries Inc. Announces the Commencement of Its Corporate and Board Restructuring to Shift Its Focus Toward Korea

2021-01-13 / @businesswire

Almonty Industries Inc. (“Almonty”) (TSX: AII / OTCQX: ALMTF / Frankfurt: 1MR) 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 appoint...Read More

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

2021-01-04 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / OTCQX: ALMTF / Frankfurt: 1MR) 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...Read More

Almonty Industries Inc. Announces an End-of-Year Christmas Update

2020-12-14 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / OTCQX: ALMTF / Frankfurt: 1MR) is pleased to announce an end-of-year update. Almonty Korea Tungsten Sangdong project – After the previously announced execution of the loan agreements, the Company wi...Read More

Almonty Industries Inc. Announces Execution of Project Financing Loan Agreements and Project Guarantee Documents for Its Sangdong Mine in South Korea

2020-12-07 / @businesswire

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX:AII / OTCQX:ALMTF / Frankfurt:1MR) 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...Read More

Almonty Announces the Filing of Its Unaudited Interim Consolidated Financial Statements and MD&A for the Three and Nine Months Ended September 30, 2020

2020-11-16 / @businesswire

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

Almonty Industries Inc. Provides Update for Its Sangdong Mine in South Korea

2020-10-21 / @businesswire

Almonty Industries Inc. (“Almonty”) (TSX: AII / OTCQX: ALMTF / Frankfurt: 1MR) is pleased to provide an update for its wholly-owned Sangdong Mine located in South Korea. The Company reports that it has received, from the South Korean government, an extension of its Extraction Rights...Read More

Almonty Announces Positive Q2-2020 EBITDA From Mining Operations(1) of $1,977,000 and the Filing of Its Unaudited Interim Consolidated Financial Statements and MD&A for the Three and Six Months Ended June 30, 2020

2020-09-28 / @businesswire

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

Almonty Industries Inc. Second Update for Its Sangdong Mine US$75 Million Project Financing and the Finalization of the Facility Agreement.

2020-09-08 / @businesswire

Almonty Industries Inc. (“Almonty”) (TSX: AII / OTCQX: ALMTF / Frankfurt: 1MR) is pleased to provide its second update regarding its US$75 million Project Financing with the KfW-IPEX Bank (“KfW”) for its wholly-owned Sangdong Mine. The Company reports that it has now f...Read More

Almonty Industries Inc. Update for Its Sangdong Mine US$75 Million Project Financing and the Finalization of the Completion Agreement

2020-08-26 / @businesswire

Almonty Industries Inc. (“Almonty”) (TSX:AII / OTCQX:ALMTF / Frankfurt:1MR) is pleased to provide an update regarding its US$75 million Project Financing with the KfW-IPEX Bank (“KfW”) for its wholly-owned Sangdong Mine. The Company reports that it is has now finalized...Read More

Almonty Postpones the Release of Its Second Quarter Financial Results and Related Disclosure Due to COVID-19 Related Delays

2020-08-13 / @businesswire

Almonty Industries Inc. (“Almonty”) (TSX: AII / OTCQX: ALMTF / Frankfurt: 1MR) (the "Company") announces that due to logistics and delays caused by the COVID-19 virus, it is relying on the exemption provided in Ontario Instrument 51-502 of the Ontario Securities Commission (...Read More

Almonty Industries Inc. (the "Corporation") Annual and Special Meeting of Shareholders Report of Voting Results

2020-07-17 / @businesswire

The matters voted on at the meeting and the results of the voting were as follows: (a) Number of Directors   The resolution fixing the number of directors of the Corporation at five (5) was passed.   (b) Election of Directors   By a vote c...Read More

Almonty Industries Inc. Completes a Non-brokered Phase One Financing for the Construction of Their Sangdong Mine of EUR3.25 Million Plus US$500,000

2020-07-13 / @businesswire

Almonty Industries Inc. (“Almonty”) (TSX: AII / OTCQX: ALMTF / Frankfurt: 1MR) announces it has completed a non-brokered private placement of secured convertible bonds in the principal amount of EUR 3,250,000 (equivalent to approximately US$3,675,000 or Cdn$5,000,000) (the “Bon...Read More

Almonty Announces Positive Q1-2020 EBITDA From Mining Operations(1) and the Filing of Its Unaudited Interim Consolidated Financial Statements and MD&A for the Three Months Ended March 31, 2020

2020-06-29 / @businesswire

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

Almonty Postpones the Release of Its First Quarter Financial Results and Related Disclosure Due to COVID-19 Related Delays

2020-06-12 / @businesswire

Almonty Industries Inc. (“Almonty”) (TSX:AII / OTCQX:ALMTF / Frankfurt:1MR) (the "Company") announces that due to logistics and delays caused by the COVID-19 virus, it is relying on the exemption provided in Ontario Instrument 51-502 of the Ontario Securities Commission (and...Read More

Almonty Receives New Land Classification for Its Valtreixal Property in Spain

2020-06-11 / @businesswire

Almonty Industries Inc. (TSX:AII) (“Almonty”) announces that it has received, from the Municipality of Pedralba de la Paraderia in Spain, a new land classification for its Valtreixal Property whereby the property is now deemed to be suitable for extraction activity. The Company’...Read More

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

2020-05-27 / @businesswire

Almonty Industries Inc. (TSX:AII) (“Almonty”) announces the finalization of the plant layout and configuration upon the fixing of the location of the backfill plant at the site of the Sangdong Mine, Almonty’s wholly-owned mine in South Korea. The location of the backfill pla...Read More

Almonty Shares Begin Trading on Xetra in Germany

2020-05-25 / @businesswire

Almonty Industries Inc. (TSX:AII) (“Almonty”) announces the start of trading of Almonty shares on Xetra, the electronic trading system of Deutsche Börse AG in Germany (WKN: A1JSSD, ISIN: CA0203981034, Ticker-Symbol: 1MR). mwb Wertpapierhandelsbank AG, as designated sponsor, will...Read More

Almonty Announces Completion and Receipt of Basic Engineering Work for the Sangdong Processing Plant by Metso

2020-05-19 / @businesswire

Almonty Industries Inc. (TSX:AII) (“Almonty”) announces the completion and delivery of the basic engineering work by Metso Corporation (“Metso”) (Europe) for the crushing and grinding units of the processing plant of Almonty Korea Tungsten (“AKT”), Almonty&...Read More

Almonty Postpones the Release of Its First Quarter Financial Results and Related Disclosure Due to COVID-19 Related Delays

2020-05-15 / @businesswire

Almonty Industries Inc. (“Almonty”) (TSX: AII / OTCQX: ALMTF / Frankfurt: 1MR) (the "Company") announces that due to logistics and delays caused by the COVID-19 virus, it is relying on the exemption provided in Ontario Instrument 51-502 of the Ontario Securities Commission (...Read More

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