Off-market insider buying at Almonty Industries (AII)

Off-market insider buying at Almonty Industries (T:AII)

Deutsche Rohstoff AG, a 10% Holder, acquired 2,048,544 Common Shares on a direct ownership basis at a price of $0.750 through a private transaction on January 4th, 2021. This represents a $1,536,408 investment into the company's shares and an account share holdings change of 8.8%.

Michael Lewis Black, CEO and Director, acquired 1,707 Common Shares on a direct ownership basis at the same price on the same day. This represents a $1,280 investment into the company's shares and an account share holdings change of 0.0%.

Almonty Industries is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Almonty Industries Inc. is engaged in mining, processing and shipping of tungsten concentrate. The Company operates through five segments, including Los Santos Mine, Wolfram Camp Mine, Valtreixal Mine, Woulfe Mine and Panasqueira Mine. The Los Santos Mine is located in Spain and includes exploration and mining of tungsten, which it sells as tungsten concentrate. The Wolfram Camp is located in Queensland, Australia and includes exploration and mining of tungsten and molybdenum, which it sells as tungsten concentrate and molybdenum concentrate. The Valtreixal mine is located in Spain and includes exploration and evaluation activities related to Valtreixal tin/tungsten project. Its Woulfe segment is engaged in evaluating Sangdong tungsten mine located in Gangwon Province, Republic of Korea. Its Panasqueira tungsten mine is located in Covilha, Castelo Branco, Portugal and includes exploration and mining of tungsten, as well as production of copper and tin concentrate by products.