The Company Also Announces the Filing of Its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three and Six Months Ended March 31St, 2018 Almonty Industries Inc. today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis for the three and six months ended March 31, 2018. Unless otherwise indicated, all currency [...]
Almonty Industries is pleased to announce that it has entered into a series of contracts for site clearance, demolition and mine development work of the Company’s wholly-owned Sangdong Tungsten and Molybdenum Mine in South Korea. The Site Clearance Contract was signed on April 20, 2018 with Miso Industry Co. at the center of the new processing plant site at the Sangdong Mine. Immediately following the contract [...]
Almonty Industries Inc. : “STATES” Almonty Industries Inc. , is pleased to announce that it has received conditional approval from the Toronto Stock Exchange to list its common shares on the TSX. "Graduating to the TSX represents yet another important milestone for Almonty as we continue on our successful journey as the largest Western-based Tungsten concentrate producer," said Lewis Black, Chief Executive [...]
Almonty Industries is pleased to announce that it has entered into a new off-take agreement dated March 12, 2018, with an existing customer for the tungsten concentrate to be mined and processed at the Company’s wholly-owned Sangdong Tungsten Mine in South Korea. The agreement has a term of 10 years and, based upon current pricing models and, subject to the terms and conditions of the agreement, the agreement calls [...]
Almonty Industries today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis for the three months ended December 31, 2017. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial information is for the three months Ended December 31, 2017 and 2016: Three [...]
Almonty Industries Inc. : Almonty Industries Inc. today announced the filing of its audited annual consolidated financial statements and management’s discussion & analysis for the year ended September 30th, 2017. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial information is for the three months and year ended September 30th [...]
Almonty Industries Inc. : Almonty Industries Inc. is pleased to announce it has added Mr. Michael Costa as an independent director to its board of directors. Mr. Costa serves as Vice President and Portfolio Manager at Goodman & Company Investment Counsel Inc. In this role, he acts as Portfolio Manager, managing a portfolio of opportunistically invested assets, with a core focus on Canadian capital markets. From 2010 to [...]
Almonty Industries Inc. announces that it has signed an EPC Contract with POSCO E&C for the development works at the Sangdong Tungsten and Molybdenum Mine located in the Republic of Korea. The EPC Contract, entered into on December 28, 2017 with POSCO E&C, one of top tier general contractors in Korea and a subsidiary of the third largest steel mill in the world, is a turnkey based contract for the development and [...]
Almonty Industries Inc. : Almonty Industries Inc. announces that it intends to initiate a Normal Course Issuer Bid , subject to the approval of the TSX Venture Exchange . The Company intends to purchase, from time to time, as it considers advisable, up to 7,331,011 common shares on the open market through the facilities of the TSXV or any other means that may be approved by the TSXV. The price that Almonty will pay for [...]
Almonty Industries Inc. (“Almonty”) (TSXV: AII): NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Almonty Industries Inc. (“Almonty”) (TSXV: AII) announces that it has closed its previously announced private placement pursuant to which Almonty issued 1,294,462 common shares at a price of $0.54 per common share for gross proceeds to Almonty of $699,009.48 (the [...]
Almonty Industries Inc. : NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Almonty Industries Inc. (“Almonty”) (TSXV: AII) announces that it has closed its previously announced private placement to JP Morgan Asset Management (UK) Ltd of 5,000,000 common shares at a price of $0.54 per common share for gross proceeds to Almonty of $2,700,000 (the “Offering”). All [...]
Almonty Industries Inc. (“Almonty”) (TSXV: AII): NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Almonty Industries Inc. (“Almonty”) (TSXV: AII) announces that it has entered into a subscription agreement with JP Morgan Asset Management (UK) Ltd (“JPAM”) pursuant to which JPAM will subscribe for 5,000,000 common shares at a price of CAD$0.54 per [...]