Almonty Announces Signing of Subscription Agreement with JP Morgan Asset Management (UK) Ltd for $2.7 Million Private Placement Financing of Common Shares

September 27, 2017

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TORONTO–(BUSINESS WIRE)–Almonty Industries Inc. (“Almonty”) (TSXV: AII): NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Almonty Industries Inc. (“Almonty”) (TSXV: AII) announces that it has entered into a subscription agreement with JP Morgan Asset Management (UK) Ltd (“JPAM”) pursuant to which JPAM will subscribe for 5,000,000 common shares at a price of CAD$0.54 per common share for gross proceeds to Almonty of CAD$2,700,000 (the “Placement”). This priv

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