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home / news releases / ALMTF - Almonty Industries closes $1.2M non-brokered private placement


ALMTF - Almonty Industries closes $1.2M non-brokered private placement

Almonty Industries (ALMTF) closed a non-brokered private placement raising gross proceeds of ~$1.2M (~C$1.54M) through the issuance of 2,050,251 shares at a price of C$0.75/share (+17% premium).Lewis Black, Chairman, President and CEO of Almonty, and Deutsche Rohstoff AG were the sole participants.Proceeds to be used for legal and closing costs for KfW- IPEX Bank $75.1M loan.

For further details see:

Almonty Industries closes $1.2M non-brokered private placement
Stock Information

Company Name: Almonty Industries Inc
Stock Symbol: ALMTF
Market: OTC
Website: almonty.com

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