Almonty Industries Inc. Announces Closing of Upsized US$129,375,000 Underwritten Offering of Common Shares in the United States Including Full Exercise of Over-Allotment Option
Core Viewpoint - Almonty Industries Inc. has successfully closed an upsized underwritten offering of common shares, raising aggregate gross proceeds of US$129,375,000, including the full exercise of the underwriters' over-allotment option [1] Group 1 - The offering consisted of common shares and was fully subscribed, indicating strong investor interest [1] - The total gross proceeds from the offering amount to US$129,375,000, which reflects the company's ability to attract capital [1] - The successful closing of the offering enhances Almonty's financial position and supports its growth strategy in the tungsten concentrate market [1]