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Almonty Raises US$112.5M to Expand Critical Tungsten Projects Amid Supply Concerns
10:11am on Wednesday 10th of December, 2025 AEDT
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Almonty Raises US$112.5M to Expand Critical Tungsten Projects Amid Supply Concerns
10:11am on Wednesday 10th of December, 2025 AEDT
Key Points
Upsized offering of 18 million shares at US$6.25 each
Gross proceeds of US$112.5 million with 30-day over-allotment option
Funds allocated to Gentung Browns Lake, Panasqueira, and Sangdong projects
Offering led by BofA Securities and expected to close December 10, 2025
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