Almonty Announces Closing of Private Placement Financing With JP Morgan Asset Management (UK) Ltd For $2.7 Million and Announces Follow-on Non-Brokered Financing of up to $702,000

October 19, 2017

Responsive image

TORONTO–(BUSINESS WIRE)–Almonty Industries Inc. : NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Almonty Industries Inc. (“Almonty”) (TSXV: AII) announces that it has closed its previously announced private placement to JP Morgan Asset Management (UK) Ltd of 5,000,000 common shares at a price of $0.54 per common share for gross proceeds to Almonty of $2,700,000 (the “Offering”). All common shares issued pursuant to the Offering are subject to resale restr

Category: General