Almonty Industries Inc. (“Almonty”) (TSXV: AII) Almonty announces that it has signed a binding heads of agreement to sell the Wolfram Camp Mine (“WCM”) in Queensland to ATC Alloys Limited (ASX: ATA) (“ATC”). The proposed consideration for the sale is 120 million fully paid ordinary shares in ATC at a deemed issue price of AUD$0.05 per share, or A$6.0 million (CAD$5.92 million) plus the [...]
Almonty Industries Inc. (“Almonty”) (TSXV:AII) announces that it closed the second tranche of its previously announced non-brokered private placement of up to 20,000,000 units (the “Equity Offering”) on March 31, 2016. The Company issued 2,463,400 units at a price of $0.25 per unit for aggregate gross proceeds of $615,850 (the “Second Closing”). In aggregate, 12,859,440 units were [...]
Almonty Industries Inc. (“Almonty”) (TSXV: AII) announces that it has closed the first tranche of its previously announced non-brokered private placement of up to 20,000,000 units (the “Equity Offering”). The Company issued 10,396,040 units at a price of $0.25 per unit for aggregate gross proceeds of $2,599,010 (the “First Closing”). Each unit consists of one common share and one half [...]
Almonty Industries Inc. (“Almonty”) (TSXV:AII) Almonty announces that it intends to complete a non-brokered private placement of up to 20,000,000 units at a price of $0.25 per unit for aggregate gross proceeds of $5,000,000 (the “Equity Offering”). Each unit will consist of one common share and one half of a common share purchase warrant. Each whole common share purchase warrant entitles the holder [...]
Almonty Industries Inc. (“Almonty” or the “Company”) (TSX-V: AII) today announced the filing of its audited consolidated financial statements and management discussion & analysis (“MD&A”) for the three-month period ended December 31, 2015. Unless otherwise indicated, all currency amounts contained in this news release are in thousands of Canadian dollars. The following financial [...]
Almonty Industries Inc. (“Almonty”) (TSXV:AII) reports that it has today filed on SEDAR a National Instrument 43-101 (“NI 43-101”) technical report for the Panasqueira Mine (the “Panasqueira Technical Report”) and amended NI 43-101 technical reports for the Los Santos Mine, the Wolfram Camp Mine and the Valtreixal Project (collectively, the “Amended Technical Reports”). The [...]
Almonty Industries announces that it has signed a new off-take agreement at its Panasqueira mine for an initial 5-year term. Almonty has also signed an amendment to its existing supply agreement at Los Santos extending the term for an additional 5 years, representing 10 years in total from the initial start date in September 2011. Lewis Black, Chief Executive Officer of Almonty commented “We are pleased to have been [...]
Almonty Industries Inc. (“Almonty” or the “Company”) (TSX-V: AII) today announced the filing of its audited consolidated financial statements and management discussion & analysis (“MD&A”) for the year ended September 30, 2015. Unless otherwise indicated, all currency amounts contained in this news release are in thousands of Canadian dollars. The following financial information is for [...]
Almonty Industries Inc. (“Almonty” or the “Company”) (TSXV: AII) announces that it is postponing its teleconference to review its fiscal fourth quarter and year ended September 30, 2015 results, originally scheduled to take place February 4, 2015 at 8:30 a.m. ET. The Company expects to be in a position to file its 2015 fourth quarter and year ended September 30, 2015 financial results on SEDAR on [...]
Almonty Industries Inc. (“Almonty” or the “Company”) (TSXV:AII) announces that it intends to release its fiscal 2015 fourth quarter financial results on February 3rd, 2016. Following the release, a teleconference to review the fiscal 2015 fourth quarter and year ended September 30, 2015 will be held at 8:30 a.m. ET on Thursday February 4, 2016. Representing management will be Lewis Black, chairman [...]
Almonty Industries Inc. (“Almonty” or the “Company”) (TSX-V: AII) today announced the completion of an updated Feasibility Study for the Sangdong tungsten mine in Gangwon Province, South Korea. The updated Feasibility Study is available on the Company’s website at www.almonty.com. Lewis Black, Chief Executive Officer of Almonty commented “The Feasibility Study update being published [...]
Almonty Industries Inc. (“Almonty”) (TSXV:AII) announces that it anticipates a delay in filing its annual financial statements, management’s discussion and analysis and related officer certifications for the financial year ended September 30, 2015 (collectively, the “Required Filings”) which are required to be filed on or before January 28, 2016. Almonty completed the acquisition of 100% of [...]