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 > Hopefully this week?

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Comment by chizzleson Mar 19, 2023 7:44pm

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Post# 35348017

RE:RE:RE:Hopefully this week?

I'm guessing this is for the $50 million in financing for the Downstream Extension, at a way higher price than the current share price, according to Mr. Black.

We've had many financing's before, and I don't recall there being a trade halt, so it must be a biggie. And, Dundee is stratigically out of the way at the time of this release.

According to Hot Copper: