Almonty Receives Additional Commitments Under a Proposed Equity Placement

TORONTO -- Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that the Company has received further commitments, thus increasing the total Placement to raise gross proceeds for the equivalent of A$15.45 million via the issuance of 4.53 million Canadian units and 12.08 million Placement Chess Depository Interests Units (“CDIs”) at C$0.82 per Canadian unit and A$0.90 per CDI Unit (“Placement”), respectively. Closing of the Placement was delayed by the Christmas and New Year holidays. Read More