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 [...]
Almonty Industries Inc. (TSX-V:AII) (“Almonty”) announces that two holders of convertible debentures holding an aggregate principal amount of AUD$500,000 (CAD$493,761.58) have exercised their rights under such convertible debentures to convert the principal thereof into common shares of Almonty (“Common Shares”) at a price per Common Share of CAD$0.55. The conversion will result in the issuance of [...]
Almonty Industries Inc. (TSX-V:AII): NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Almonty Industries Inc. (TSX-V:AII) (“Almonty”) announces that it reached an agreement with Deutsche Rohstoff AG (“DRAG”), an existing shareholder of and lender to Almonty, to convert (the “Conversion”) into common shares of Almonty (“Common Shares”) a [...]
Almonty Industries 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 30th, 2017. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars.
Almonty Industries Inc. (“Almonty” or the “Company”) (TSXV: AII): NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Almonty Industries Inc. (“Almonty” or the “Company”) (TSXV: AII) announces that it has closed the second tranche of its previously announced financing (see press release dated August 11, 2017). The second tranche was a [...]
Almonty Industries Inc. (“Almonty” or the “Company”) (TSXV:AII): NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Almonty Industries Inc. (“Almonty” or the “Company”) (TSXV:AII) announces that it has closed the first tranche of its previously announced financing (see press release dated August 11, 2017). The first tranche was a [...]
Almonty Industries Inc. (“Almonty” or the “Company”) (TSXV: AII): NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Almonty Industries Inc. (“Almonty” or the “Company”) (TSXV: AII) announces that it has entered into a subscription agreement with Mr. Lewis Black, Almonty’s Chairman, Chief Executive Officer and President, pursuant to [...]
Almonty Industries Inc. (TSX-V:AII) NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Almonty Industries Inc. (TSX-V:AII) (“Almonty”) announces that it has completed its previously announced agreement with Global Tungsten & Powders Corp. (“GTP”) to terminate a loan agreement pursuant to which Almonty was indebted to GTP in the amount of USD$7,043,128 [...]