Almonty Industries Announces the Filing of Its Audited Consolidated Financial Statements, MD&A and AIF for the Year Ended December 31, 2021

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[{"type":"text","content":"TORONTO / Mar 30, 2022 / Business Wire / Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) today announced the filing of its audited annual consolidated financial statements, management’s discussion & analysis (“MD&A”) and Annual Information Form (“AIF”) for the year ended December 31, 2021. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial information is for the years ended December 31, 2021 and 2020:     Year ended   Year ended     31-Dec-21   31-Dec-20     $'000   $'000 Gross Revenue     20,847       25,095   Mine production costs     19,565       23,394   Care and maintenance     848       997   Depreciation and amortization     1,783       2,075   Impairment reversal     (4,136 )     -   Income (loss) from mining operations     2,787       (1,371 )           General and administrative costs     6,380       6,964   Non-cash compensation costs     1,513       612   Loss before the under noted items     (5,106 )     (8,947 )           Interest expense     3,487       3,139   Financing fees     -       697   (Gain) Loss on debt settlement     -       (1,777 ) Gain on valuation of embedded derivative liabilities     (133 )     -   Foreign exchange (gain) loss     (215 )     (863 ) Tax provision     (492 )     (1,086 ) Net loss for the period     (7,753 )     (9,057 ) Income (loss) per share - basic   $ (0.04 )   $ (0.05 ) Income (loss) per share - diluted   $ (0.04 )   $ (0.05 ) Dividends     -       -             Cash flows provided by (used in) operating activities     (8,440 )     (4,831 ) Cash flows provided by (used in) investing activities     (10,001 )   &nb...

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