Almonty Industries Declares Issued Share Capital

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Almonty Industries Inc. (TSXV:All) announced that as of the close of business on August 13, 2013, Almonty’s issued share capital consisted of 37,044,389 common shares without par value.

Almonty Industries Inc. (TSXV:All) announced that as of the close of business on August 13, 2013, Almonty’s issued share capital consisted of 37,044,389 common shares without par value.

As quoted in the press release:

Almonty also confirms that, as of the close of business on 12th August, 2013, there were outstanding:

a. 656,650 warrants to purchase Common Shares (the “CAD1.00 Share Warrants”) with each CAD1.00 Share Warrant entitling the holder to purchase one Common Share at CAD1.00 per share up to September 23, 2013;
b. 3,701,144 warrants to purchase Common Shares (the “CAD1.25 Share Warrants”) with each CAD1.25 Share Warrant entitling the holder to purchase one Common Share at CAD1.25 per share up to September 23, 2014; and
c. 1,750,000 options to purchase Common Shares (the “Share Options”) of which. 1,500,000 of the Share Options are fully vested and 250,000 of the Share Options vest on September 26, 2013. Upon vesting, each Share Option entitles the holder to purchase one Common Share at the applicable exercise price, ranging between CAD0.85 – CAD1.07 per share, and expires at the earlier of one (1) year from the date the optionee ceases employment with Almonty or ten (10) years from the date the options were granted, ranging from September 25, 2021 to May 27, 2023.

Click here to read the Almonty Industries Inc. (TSXV:ALL) press release
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