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Almonty Raises US$90M, Debuts on Nasdaq to Fuel Tungsten Expansion
9:05am on Tuesday 15th of July, 2025 AEST
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Almonty Raises US$90M, Debuts on Nasdaq to Fuel Tungsten Expansion
9:05am on Tuesday 15th of July, 2025 AEST
Key Points
US$90 million oversubscribed public offering priced at US$4.50 per share
Concurrent uplisting to Nasdaq under ticker 'ALM'
Offering includes 30-day over-allotment option for 3 million additional shares
Proceeds primarily to fund Sangdong tungsten oxide facility development
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ALMONTY INDUSTRIES (ASX:AII)
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