TORONTO, December 09, 2025--( BUSINESS WIRE)--Almonty Industries Inc. ("Almonty" or the "Company") (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, announced today the pricing of an upsized underwritten offering in the United States of 18,000,000 common shares ("Common Shares") at a public offering price of US$6.25 per Common Share, for total gross proceeds of US$112,500,000 (the "Offering"). In addition, Almonty has granted the Underwriters (as defined below) a 30-day over-allotment option to purchase up to an additional 2,700,000 Common Shares at the public offering price, less the underwriting discount.
The Offering is expected to close on or about December 10, 2025, subject to the satisfaction of customary closing conditions. BofA Securities is acting as Lead Bookrunning Manager of the Offering and Cantor Fitzgerald & Co., D.A. Davidson & Co. and A.G.P./Alliance Global Partners are acting as Bookrunning Managers (collectively, the "Underwriters"). |
