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Almonty Industries Announces the Filing of Its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three and Nine Months Ended September 30, 2021

TORONTO / Nov 17, 2021 / Business Wire / Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: 1MR) today announ

articleAlmonty Industries Inc.November 17, 20214/company/almonty-industries-inc/news/almonty-industries-announces-the-filing-of-its-unaudited-interim-condensed-consolidated-financial-statements-and-mdanda-for-the-three-and-nine-months-ended-september-30-2021
Almonty Industries Announces the Filing of Its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three and Nine Months Ended September 30, 2021

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[{"type":"text","content":"TORONTO / Nov 17, 2021 / Business Wire / Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: 1MR) today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis (“MD&A”) for the three and nine months ended September 30, 2021. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial information is for the three and nine months ended September 30, 2021 and 2020:     Three months ended   Three months ended   Nine months ended   Nine months ended     30-Sep-21   30-Sep-20   30-Sep-21   30-Sep-20     $'000   $'000   $'000   $'000 Gross Revenue     5,333       5,128       14,794       18,510   Mine production costs     5,093       5,171       13,780       15,798   Care and maintenance     163       114       651       827   Depreciation and amortization     409       229       1,357       1,357   Loss from mining operations     (332 )     (386 )     (994 )     528                     General and administrative costs     1,405       1,378       4,480       5,068   Non-cash compensation costs     1,021       -       1,543       207   Loss before the under noted items     (2,758 )     (1,764 )     (7,017 )     (4,747 )                   Interest expense     815       830       2,483       2,247   (Gain) Loss on debt settlement     -       (158 )     -       (1,777 ) Gain on valuation of embedded derivative liabilities     (230 )     -       (79 )     -   Foreign exchange (ga...

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