After the delay of 2 years, the $75 USD deal was completed finally for this junior mine to become a mid-cap mining company.
Now I'm scratching my head why SP is not moving even after a month. I like Tngsten and the company but stock really sucks. Maybe a good opportun for short term or long term investments. Not for day traders. lol
Toronto – December 07, 2020 – Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / OTCQX: ALMTF / Frankfurt: 1MR) is pleased to announce the execution of the Facility Agreement (loan agreement) and the Completion Agreement with KfW-IPEX Bank GmbH for the US$75.1 million project financing for its wholly-owned Sangdong Mine located in South Korea.