NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN
THE UNITED STATES
Almonty Industries Inc. (“Almonty” or the “Company”) (TSXV:AII)
announces that it intends to release its fiscal 2015 fourth quarter
financial results on February 3rd, 2016.
Following the release, a teleconference to review the fiscal 2015 fourth
quarter and year ended September 30, 2015 will be held at 8:30 a.m. ET
on Thursday February 4, 2016. Representing management will be Lewis
Black, chairman, president & chief executive officer, and Dennis Logan,
chief financial officer. A question and answer period will follow brief
remarks from management.
To participate in the teleconference:
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if calling from North America:
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+1- 877 201-0168
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if calling from outside North America:
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+1- 647 788-4901
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In order to join this conference call, all speakers and participants
will be required to ask the operator for the Almonty Industries Inc.
conference call.
An archive of the conference call will be available until March 4th,
2016.
To access the archive:
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from North America:
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+1 855 859-2056 (pass code: 42090361#)
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from outside North America:
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+1-404 537-3406 (pass code: 42090361 #)
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About Almonty
The principal business of Toronto, Canada-based Almonty Industries Inc.
is the mining, processing and shipping of tungsten concentrate from its
Los Santos Mine in western Spain, its Wolfram Camp Mine in north
Queensland, Australia and its Panasqueira mine in Portugal as well as
the development of the Sangdong tungsten mine in Gangwon Province, Korea
and the Valtreixal tin/tungsten project in north western Spain. The Los
Santos Mine was acquired by Almonty in September 2011 and is located
approximately 50 kilometres from Salamanca in western Spain and produces
tungsten concentrate. The Wolfram Camp Mine was acquired by Almonty in
September 2014 and is located approximately 130 kilometres west of
Cairns in northern Queensland, Australia and produces tungsten and
molybdenum concentrate. The Panasqueira mine, which has been in
production since 1896, is located approximately 260 kilometres northeast
of Lisbon, Portugal, was acquired in January 2016 and produces tungsten
concentrate. The Sangdong mine, which was historically one of the
largest tungsten mines in the world and one of the few long-life,
high-grade tungsten deposits outside of China, was acquired in September
2015 through the acquisition of a 100% interest in Woulfe Mining Corp.
Almonty also has an option to acquire a 100% ownership interest in the
Valtreixal tin-tungsten project in northwestern Spain. Further
information about Almonty’s activities may be found at www.almonty.com
and under Almonty’s profile at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
When used in this press release, the words “estimate”, “project”,
“belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or
“should” and the negative of these words or such variations thereon or
comparable terminology are intended to identify forward-looking
statements and information. This press release contains forward-looking
statements and information including, without limitation, the intention
of the Company to release Q4 2015 financial results on February 3rd
2016. These statements and information are based on management’s
beliefs, estimates and opinions on the date that statements are made and
reflect Almonty’s current expectations.
The forward-looking statements and information in this press release
include information relating to the intentions of management. Such
statements and information reflect the current view of Almonty with
respect to risks and uncertainties that may cause actual results to
differ materially from those contemplated in those forward-looking
statements and information. By their nature, forward-looking
statements involve known and unknown risks, uncertainties and other
factors and assumptions which may cause actual results, performance or
achievements, or other future events, to be materially different from
any future results, performance or achievements expressed or implied by
such forward-looking statements.
Investors are cautioned against attributing undue certainty to
forward-looking statements. Almonty cautions that the foregoing list of
material factors is not exhaustive. When relying on Almonty’s
forward-looking statements and information to make decisions, investors
and others should carefully consider the foregoing factors and other
uncertainties and potential events.
Almonty has also assumed that material factors will not cause any
forward-looking statements and information to differ materially from
actual results or events. However, the list of these factors is not
exhaustive and is subject to change and there can be no assurance that
such assumptions will reflect the actual outcome of such items or
factors.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE
REPRESENTS THE EXPECTATIONS OF ALMONTY AS OF THE DATE OF THIS PRESS
RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS
SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND
SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE
ALMONTY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION
AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE
LAWS.
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