Almonty Announces Positive $16,440,000 Annual EBITDA from Mining Operations Before Non-Cash Impairment Charge (1) and the Filing of Its Audited Annual Consolidated Financial Statements and MD&A for the Fifteen Months Ended December 31, 2019

May 15, 2020

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / OTCQX: ALMTF / Frankfurt: 1MR) today announced the filing of its audited annual consolidated financial statements, management’s discussion & analysis and AIF for the fifteen months ended December 31, 2019. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars.

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