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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

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

Post by TELEMARKERon Jan 03, 2024 12:38pm
249 Views
Post# 35808933

Forget about any dividends for 5 years

Forget about any dividends for 5 yearsmy post Nov 16 2023
The Company has $110,513 in long-term debt as at September 30, 2023 ($89,480 as at December 31, 2022), of which $50,440 is the current portion ($30,346 as at December 31, 2022), comprised of individual facilities with Spanish domiciled banks, one facility with an Austrian bank, promissory notes owed to a shareholder, convertible loans and drawdowns on the KfW loan facility as at September 30 2023. See Note 8 in the Company’s Q3-2023 consolidated financial statements for the three and nine months ended September 30, 2023 for additional details regarding each component of long-term debt.

Outstanding Share Data As of the date of this MD&A, there were 233,888,669 common shares and CDIs outstanding, 14,775,000 stock options outstanding, with each option entitling the holder thereof to acquire one common share of Almonty at a weighted average price of $0.77 per share, and 15,802,247 share purchase warrants enabling the holders to acquire one common share at prices between Cdn$0.60 and AUD1.25 per share, expiring between February 19, 2024 and November 14, 2026.
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