Almonty Industries Inc.

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 [...]

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 September 30, 2023. 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 September 30, 2023 [...]

Almonty Industries Inc. is pleased to announce that the Company has received firm commitments to raise gross proceeds of C$500,000, US$733,333 and A$550,000 via the issuance of 3,333,333 Placement Units and 1,078,433 million Placement Chess Depository Interests Units at C$0.45 per Placement Unit, US$0.33 per Placement Unit and A0.51 per CDI Unit . Each Placement Unit participant will be issued one warrant for every common [...]

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 June 30, 2023. 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 June 30, 2023 and 2022 [...]

Almonty Industries Inc. , is pleased to provide a construction progress update for its Sangdong Mine Tungsten located in South Korea. Equipment Shipment In late June, the protection screen and reclaim feeders arrived at the new port of Busan from Metso:Outotec and will be transported to the warehouse at Sangdong within the next week. We are expecting to receive grizzly screens and UFS Screens in coming weeks from France [...]

Almonty Industries Inc. , through its wholly-owned South Korean subsidiary, Almonty Korea Tungsten Corporation , is proud to announce its collaboration with Korea Telecom which is introducing cutting-edge Mine Safety DX technology. Developed in partnership with KT, this innovative solution aims to enhance worker safety and promote efficient mining practices which is indicative of AKTC's strong commitment to environmental [...]

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 26, 2023: Common Shares represented at the Meeting: 102,245,380 Total issued and outstanding Common Shares as at Record Date: 228,032,458 Total Shareholders Voted by Proxy: 87 Percentage of issued [...]

Almonty Industries Inc. is pleased to provide an update on the progress of its Sangdong Tungsten Mine. Lewis Black, Chairman, CEO & President of Almonty Industries Inc. commented: "We have made solid progress at the Sangdong Tungsten Project throughout May 2023. The arrival of the Pebble Crusher and Primary Jaw Crusher means we now have 100% of Ball Mill and Sag Mill related equipment on-site and demonstrates that [...]