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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Metals & Mining Copper
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.


TSX:AII - Post by User

Almonty Industries Inc > New Press Release.....
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Comment by blueskieson Jul 29, 2022 10:56am
169 Views
Post# 34859959

RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release.....

RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release.....The mortgage registration was from the July 5th news release. I expect it is just the jurisdictional registration of the security offered to kfw by Almonty for your the loan.

Since the loan is from outside South Korea and the security is located within South Korea I had figured this was just a standard loan registration process in Korea.

I see no significance any more, the paperwork was done in a couple weeks, it was completed and now the loan is all done and being used. 
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