Almonty Industries Inc.

Almonty Industries Inc. is pleased to announce that on the 3rd of July, 2024, Kim Jin-tae, the Governor of Gangwon Special Self-Governing Province, toured Almonty's tungsten mine redevelopment site in Sangdong-eup, Yeongwol county, South Korea. Governor Kim was briefed on the redevelopment status of Almonty's Sangdong Mine with Choi Myung-seo, the County Mayor of Yeongwol, and toured 1.3 km of the main transport portals [...]

Almonty Industries Inc. : 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 General and Special Meeting of Shareholders held on June 28, 2024: Common Shares represented at the Meeting: 121,514,694 Total issued and outstanding Common Shares as at Record Date: 252,589,498 Total Shareholders Voted by [...]

Almonty Industries Inc. is pleased to announce that in conjunction with its March 2024 Placement, the Company has closed a fourth tranche through the sale of the previously-announced firm commitment of 3,000,000 Placement Chess Depository Interests Units at A$0.62 per unit and is scheduled to close on an additional 1,090,909 common share units at Cdn$0.55 per unit on May 23, 2024. In addition, the Company has received [...]

Almonty Industries Inc. today announced the filing of its unaudited condensed interim consolidated financial statements and its management's discussion & analysis for the three months ended March 31, 2024. 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 March 31, 2024 and 2023: Three months [...]

Almonty Industries Inc. is pleased to announce that following its March 2024 Placement, the Company has received firm commitments to raise further gross proceeds of A$1,860,000 via the issuance of 3,000,000 Placement Chess Depository Interests Units at A$0.62 per CDI Unit . Each CDI Unit participant will be issued one free unlisted option for every one CDI issued , exercisable at A$0.84 with an expiry date of 24 months [...]

Almonty Industries Inc. announces that it plans to extend, in the aggregate, the term of 700,000 outstanding share purchase warrants that were due to expire on February 19, 2024, by one year. On February 13, 2024, the Board of Directors of the Company approved to extend the Insider Warrants held by Lewis Black and Dr. Thomas Gutschlag to February 19, 2025, subject to Toronto Stock Exchange and shareholder approval. Lewis [...]

Almonty Industries Inc. is pleased to announce that, further to its news release dated March 22, 2024, it has closed three tranches of its non-brokered private placement through the sale of 4,263,263 units at a price of CDN$0.55 per CDN Unit, raising gross proceeds of CDN$2,344,795, and 1,525,000 Chess Depository Interests units at a price of A$0.62 per CDI Unit, raising gross proceeds of A$945,000. Each CDN Unit is [...]

Almonty Industries Inc. today announced the filing of its audited annual consolidated financial statements, management's discussion & analysis and AIF for the year ended December 31, 2023. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial information is for the years ended December 31, 2023 and 2022: Year ended Year ended 31-Dec-23 [...]

Almonty Industries Inc. is pleased to announce that it has closed on a non-brokered private placement through the sale of 2,668,000 units at a price of $0.55 per unit raising gross proceeds of $1,467,400. Each CDN Unit is comprised of one common share and one share purchase warrant with each share purchase warrant being exercisable into one additional common share at a price of $0.74 per share for a period of 24 months [...]

Almonty Industries Inc. , through its wholly-owned South Korean subsidiary, Almonty Korea Tungsten Corporation , is pleased to announce that it has received a fully executed Utilization Request for US$13.7 million in conjunction with the sixth drawdown on the US$75.1 million KfW IPEX-Bank loan facility related to the construction of the Company's Sangdong Mine in South Korea. This US$13.7 million drawdown is scheduled for [...]