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Almonty and Global Tungsten & Powders Corp. Complete Termination of Loan Agreement

TORONTO–(BUSINESS WIRE)–Almonty Industries Inc. (TSX-V:AII) NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Almonty Industries Inc. (TSX-V:AII) (“Almonty”) announces that it has completed its previously announced agreement with Global Tungsten & Powders Corp. (“GTP”) to terminate a loan agreement pursuant to which Almonty was indebted to GTP in the amount of USD$7,043,128 (CAD$9,415,183) of principal and accrued interest. In consideration for the termi