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Almonty Industries Extends Share Purchase Warrants

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Almonty Industries Extends Share Purchase Warrants

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The latest update is out from Almonty Industries ( (TSE:AII) ).

Almonty Industries has announced plans to extend the expiration date of 700,000 outstanding share purchase warrants by one year to February 19, 2026, pending approval from the Toronto Stock Exchange and shareholders. This extension is part of a related party transaction under MI 61-101, and the company will seek necessary approvals at their next annual general meeting, with all other terms of the warrants remaining unchanged.

More about Almonty Industries

Almonty Industries Inc., based in Toronto, Canada, operates primarily in the mining industry, focusing on the mining, processing, and shipping of tungsten concentrate. The company manages the Los Santos Mine in Spain, the Panasqueira mine in Portugal, and is developing the Sangdong tungsten mine in South Korea and the Valtreixal tin/tungsten project in Spain.

YTD Price Performance: 87.13%

Average Trading Volume: 349,682

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$520.8M

For a thorough assessment of AII stock, go to TipRanks’ Stock Analysis page.

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