Business
Diamond Equity Research Releases Update Note on Almonty Industries, Inc. (TSX: AII) (ASX: AII) (OTCQX: ALMTF)
New York, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Diamond Equity Research, a leading equity research fi...
About this update from Almonty Industries Inc.
[{"type":"text","content":"Diamond Equity Research Releases Update Note on Almonty Industries, Inc. (TSX: AII) (ASX: AII) (OTCQX: ALMTF) \n\n\n\n New York, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has released an Update Note on Almonty Industries, Inc. (TSX: AII) (NASDAQ: ALM) (ASX: AII) (Frankfurt: ALI1).  The research summary below is from a report commissioned by Almonty Industries, Inc. and produced by Diamond Equity Research. The update note includes detailed information on the Almonty Industries’ business model, services, industry overview, financials, valuation, management profile, and risks.\n \n\n The full update note is available below.\n \n\n\n Almonty Industries Update Note December 2025\n \n\n\n\n Highlights from the report include:\n \n\n\n\n Almonty Prices Upsized US$112.5 Million U.S. Offering to Accelerate Growth and Advance Multi-Asset Development Pipeline:\n \n Almonty Industries announced the pricing of an upsized underwritten U.S. public offering of 18 million common shares at US$6.25 per share, for total gross proceeds of US$112.5 million. The Company also granted underwriters a 30-day over-allotment option to purchase up to an additional 2.7 million shares at the same price. Proceeds from the offering will be used to advance multiple key growth initiatives across Almonty’s global portfolio, including exploration and development at the Gentung Browns Lake Tungsten Project in Montana, expansion work at the Panasqueira Mine in Portugal, and ongoing exploration at the Sangdong Molybdenum Project in South Korea. Remaining funds will support working capital and general corporate purposes. The offering, led by BofA Securities as Lead Bookrunning Manager, is expected to close on or about December 10, 2025, subject to customary closing conditions. The financing is being conducted under the Company’s recently filed short form base shelf prospectus and Form F-10 registration statement under the Canada–U.S. Multi-Jurisdictional Disclosure System, providing streamlined access to North American capital markets. We note that the strong investor demand and upsizing of the offering emphasize confidence in Almonty’s strategic positioning as the leading non-Chinese producer of tungsten concentrate. The capital ...