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Almonty Industries Inc - ALMTF STOCK NEWS

Welcome to our dedicated news page for Almonty Industries (Ticker: ALMTF), a resource for investors and traders seeking the latest updates and insights on Almonty Industries.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Almonty Industries's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Almonty Industries's position in the market.

Rhea-AI Summary
Almonty Industries Inc. announces the filing of its audited annual financial statements for 2023, reporting a decrease in gross revenue compared to 2022. The company shows efforts in cleaning up its balance sheet by converting long-term debt and extending maturity dates. Almonty is currently focused on the construction of its Sangdong Mine.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.05%
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Rhea-AI Summary
Almonty Industries Inc. has successfully closed a non-brokered private placement, raising $1,467,400 through the sale of 2,668,000 units at $0.55 per unit. The company also secured firm commitments to raise A$201,500 through the issuance of 325,000 Placement CDI Units at A$0.62 per unit. The proceeds will be utilized for general working capital and downstream project planning.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
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Rhea-AI Summary
Almonty Industries Inc. (AII) has received a fully executed Utilization Request for US$13.7 million in conjunction with the sixth drawdown on the US$75.1 million KfW IPEX-Bank loan facility for the construction of the Company’s Sangdong Mine in South Korea. This drawdown is scheduled for release on November 24, 2023, bringing the total drawdowns to date to US$53.9 million.
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End-of-Day
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Rhea-AI Summary
Almonty Industries Inc. (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis for the three and nine months ended September 30, 2023. The financial information includes gross revenue, mine production costs, income from mining operations, and net loss for the period among others. The company's cash, total assets, long-term debt, shareholders' equity, and outstanding shares are also provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
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Rhea-AI Summary
Almonty Industries Inc. has received firm commitments to raise gross proceeds of C$500,000, US$733,333, and A$550,000 via a placement. The CEO and a director will be investing C$500,000 and US$366,666.63, respectively. The proceeds will be used for general working capital and offer costs.
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
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3.49%
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Rhea-AI Sentiment
End-of-Day
5.14%
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partnership
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Rhea-AI Sentiment
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5.02%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
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Almonty Industries Inc

OTC:ALMTF

ALMTF Rankings

ALMTF Stock Data

110.08M
144.93M
39.87%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
Toronto