Almonty Industries Inc. announces that it has executed an engagement agreement with KB Securities , one of the top tier securities companies in Korea and a wholly-owned subsidiary of KB Bank, for the lead management of the potential secondary listing of Almonty on the KOSDAQ section of the Korean Exchange . For the listing of Almonty on the KOSDAQ, KB has conducted preliminary meetings with the KRX, site visits to [...]
Almonty Industries Inc. today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis for the three and nine months ended June 30, 2019. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial information is for the three and nine months ended June 30, 2019 and [...]
Almonty Industries Inc. is pleased to announce that it has obtained the clearance and acceptance by the Lending Bank of the final technical due diligence report on the Sangdong Mine Development Project submitted by the Independent Engineer. The final acceptance of the Independent Engineer’s report signifies the clearance of certain pending issues related to compliance with the Equator Principles and, therefore, the [...]
Almonty Industries Inc. ) announces that it has signed a Power Supply and Consumption Agreement with Korea Electric Power Corporation for the construction and supply of a power line to the Sangdong Tungsten Mine located in the Republic of Korea. The Power Supply and Consumption Agreement, entered into on May 29, 2019 between Almonty Korea Tungsten Corp. , a wholly-owned subsidiary of Almonty, and KEPCO, a state-owned [...]
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, 2019. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial information is for the three and six months ended March 31, 2019 and [...]
Almonty Industries Inc. today announced that at the annual and special meeting of shareholders held on March 28, 2019 , each of the five nominees listed in the management information circular dated February 21, 2019 were elected as directors of the Company. A total of 95,328,360 common shares or 52.54% of Almonty’s issued and outstanding common shares were voted in connection with the Meeting. Shareholders voted by [...]
Almonty Industries Inc. today announced that it has filed with the Toronto Stock Exchange , and the TSX has accepted, a notice of intention of the Company to make a normal course issuer bid permitting Almonty to purchase for cancellation up to 9,072,094 common shares over a 12-month period, representing approximately 5% of the Shares outstanding as of March 11, 2019. The NCIB is expected to commence on March 22, 2019 and [...]
Almonty Industries Inc. today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis for the three months ended December 31, 2018. 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, 2018 and 2017: Three [...]
Almonty Industries Inc. today announced the filing of its audited annual consolidated financial statements, management’s discussion & analysis and AIF for the year ended September 30, 2018. 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 30, 2018 and 2017: Three [...]
Almonty Industries Inc. discloses today that the filings of the Corporation’s annual financial statements for the fiscal year ended September 30, 2018, the related management’s discussion and analysis and the related officer certifications of the annual filings for the year ended September 30, 2018 were not completed by the deadline of December 31, 2018 . As a result, after markets closed on January 7, 2019 [...]
Almonty Industries Inc. is pleased to announce that it has commenced the drift development at the Sangdong tungsten mine located in the Republic of Korea. The development of approximately 4,000 meters of 4.5m x 4.5m transportation drifts, loading points, passing bays and cross cuts connecting to ore bodies is planned to be completed in 18 months and the targeted commencement of full scale mining is expected to occur in [...]
Almonty Industries Inc. is pleased to announce that KfW IPEX-Bank GmbH has consented to the Company disclosing KfW IPEX-Bank as the lender and the general terms of the proposed debt project financing for Almonty’s Sangdong mine in Korea. The project financing approval process is now in the late stage of finalisation by the bank, with due diligence almost complete. The general terms of the proposed project financing [...]
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