Australian (ASX) Stock Market Forum

AII - Almonty Industries Inc. (1 Viewer)

System

Administrator
Joined
Jun 27, 2010
Posts
3,352
Reactions
103
Almonty Industries Inc. is a TSX listed entity engaged in mining, processing and shipping of tungsten concentrate. Almonty was incorporated under the Business Corporations Act (British Columbia) in 2009 and was continued under the CBCA in 2012. Almonty conducts business from its head office in Toronto, Canada, and is a significant tungsten miner outside of China. Almonty specialises in acquiring distressed and underperforming operations and assets in tungsten markets. Almonty has strong in-house operational experience and expertise in the tungsten market.

Almonty has four projects spanning across South Korea, Portugal and Spain. Of these projects, Almonty currently has one producing tungsten mine located in Portugal, one tungsten mine currently under planned care and maintenance in Spain and it is currently developing a significant tungsten mine outside of China via its flagship project in Sangdong, South Korea, which is set to begin production soon. Almonty also has a project in Spain which is currently in the licensing stage.

It is anticipated that AII will list on the ASX during July 2021.

 

Dona Ferentes

Cacoëthes blogendi
Joined
Jan 11, 2016
Posts
4,505
Reactions
4,579
Listing date20 July 2021 11:30 AM AEST ##
Contact details +1 (647) 438-9766
Principal ActivitiesMining and exploration.
GICS industry groupTBA
Issue Price$1.00
Issue TypeCHESS Depositary Interests
Security codeAII
Capital to be Raised$13,500,000
Expected offer close date8 July 2021
UnderwriterPartially underwritten. Lazarus Corporate Finance Pty Ltd (Underwriter and Lead Manager)
 

Users who are viewing this thread

Top