Almonty Industries Inc T.AII

Alternate Symbol(s): ALMTF

Metals & Mining Industrial Metals & Minerals

Almonty Industries Inc. is a Canada-based company, which is engaged in the mining, processing and shipping of tungsten concentrate, as well as the exploration and evaluation of its projects. The Company operates through four segments: Los Santos Mine, Panasquiera Mine, Valtreixal Project, and Woulfe. The Los Santos Mine is located in Spain whose operations relate to the exploration and mining of Tungsten. The Panasqueira Mine is located in Covilha Castelo Branco, Portugal, whose operations relate to the exploration and mining of tungsten, as well as the production of copper and tin concentrate by-products. The Valtreixal Project is located in Spain whose operations relate to the exploration and evaluation activities of the Valtreixal tin/tungsten project. Woulfe’s properties are located in Gangwon Province, Republic of Korea. The Woulfe's operations relate primarily to the exploration, evaluation and development of the Sangdong Project.

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Almonty Industries Inc

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Post by chizzleson Dec 30, 2019 4:47pm

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Post# 30502843

Incentive

I recall reading that the South Korean government or mayor offered Almonty added incentive if they closed the financing prior to the end of 2019 (correct me if I am wrong)...it is currently December 31st in South Korea and I would guess that it would be in Almonty's best interest to take the added incentive (I don't remember what it was)..especially if we are that close to closing the financing.

I was really hoping that we would get a major news release prior to the end of 2019. The clock is ticking!

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