Almonty Industries Inc. (TSX: AII) (ASX: AII) (OTCQX: ALMTF)
(Frankfurt: ALI) (“Almonty” or the “Company”), a leading global
producer of tungsten concentrate, today announced the appointment
of General Gustave F. Perna to the Company’s Board of Directors,
effective March 20, 2025.
General Perna brings extensive executive and military leadership
experience to Almonty, with a strong background in strategy, supply
chain management, logistics, and talent development across
high-paced global industries. His expertise spans the technology,
sports, entertainment, and defense sectors, where he has played an
active role in corporate governance. He currently serves as a
Director on the boards of Allison Transmission, MD Helicopters, 280
Earth, Paradigm Health, and Corvias, contributing to Audit,
Compliance, and Nominating & Corporate Governance
Committees.
Prior to his corporate governance experience, from 2020 - 2021
General Perna co-led Operation Warp Speed, the U.S. national
initiative focused on the rapid research, development, production,
and distribution of vaccines and therapeutics to combat COVID-19.
From 2016 to 2020, General Perna served as Commander of the U.S.
Army Materiel (AMC) Command, comprising over 190,000 Soldiers,
civilians, and contractors. Under his leadership, AMC delivered
comprehensive logistics, sustainment, and materiel readiness
solutions from installation-level support to forward tactical
operations, ensuring globally dominant land force capabilities.
In addition, General Perna has held several high-ranking
positions throughout his distinguished military career. He served
as Deputy Chief of Staff, G-4 (SVP for Logistics) for the
Department of the Army (2014–2016), Commanding General (CEO) of the
Joint Munitions Command (2010–2012), and Director, J-4, United
States Forces – Iraq (2009–2010), overseeing multinational
logistics during Operation Iraqi Freedom/New Dawn. He also led as
Commanding General (CEO) of the Defense Supply Center –
Philadelphia within the Defense Logistics Agency (2008–2009),
reinforcing his deep expertise in global supply chain management
and strategic logistics operations.
Lewis Black, President & CEO of Almonty, commented: “We are
thrilled to welcome General Perna to Almonty’s Board of Directors.
His unparalleled expertise in global logistics, supply chain
strategy, and defense-related industries will be instrumental as we
transition our corporate domicile to the United States and
strengthen our role as a critical tungsten supplier to American
industry. General Perna’s decades of leadership at the highest
levels of the U.S. military and private sector bring a strategic
perspective that aligns perfectly with Almonty’s long-term vision.
His deep understanding of operational efficiency and national
security supply chains will help guide us through this next phase
of growth. We are also deeply grateful for his service to the
United States and his unwavering commitment to advancing strategic
industries.”
About Almonty
Almonty Industries Inc. (TSX: AII) (ASX: AII) (OTCQX: ALMTF)
(Frankfurt: ALI) is a diversified and experienced global producer
of tungsten concentrate in conflict-free regions. The Company is
currently mining, processing and shipping tungsten concentrate from
its Panasqueira mine in Portugal. Its Sangdong tungsten mine in
Gangwon Province, South Korea is currently under construction. The
Sangdong mine was historically one of the largest tungsten mines in
the world and one of the few long-life, high-grade tungsten
deposits outside of China, and has significant upside potential
from an underlying molybdenum deposit. Additional development
projects underway include the Valtreixal tin/tungsten project in
northwestern Spain and Los Santos Mine in western Spain. Further
information about Almonty’s activities may be found at
https://almonty.com and under Almonty’s profile at
www.sedarplus.ca.
Legal Notice
The release, publication, or distribution of this announcement
in certain jurisdictions may be restricted by law and therefore
persons in such jurisdictions into which this announcement is
released, published, or distributed should inform themselves about
and observe such restrictions.
Neither the TSX nor its Regulation Services Provider (as that
term is defined in the policies of the TSX) accepts responsibility
for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
When used in this press release, the words "estimate",
"project", "belief", "anticipate", "intend", "expect", "plan",
"predict", "may" or "should" and the negative of these words or
such variations thereon or comparable terminology are intended to
identify forward-looking statements and information. These
statements and information are based on management’s beliefs,
estimates and opinions on the date that statements are made and
reflect Almonty’s current expectations.
Forward-looking statements are subject to known and unknown
risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of Almonty
to be materially different from those expressed or implied by such
forward-looking statements, including but not limited to: any
specific risks relating to fluctuations in the price of ammonium
para tungstate ("APT") from which the sale price of Almonty’s
tungsten concentrate is derived, actual results of mining and
exploration activities, environmental, economic and political risks
of the jurisdictions in which Almonty’s operations are located and
changes in project parameters as plans continue to be refined,
forecasts and assessments relating to Almonty’s business, credit
and liquidity risks, hedging risk, competition in the mining
industry, risks related to the market price of Almonty’s shares,
the ability of Almonty to retain key management employees or
procure the services of skilled and experienced personnel, risks
related to claims and legal proceedings against Almonty and any of
its operating mines, risks relating to unknown defects and
impairments, risks related to the adequacy of internal control over
financial reporting, risks related to governmental regulations,
including environmental regulations, risks related to international
operations of Almonty, risks relating to exploration, development
and operations at Almonty’s tungsten mines, the ability of Almonty
to obtain and maintain necessary permits, the ability of Almonty to
comply with applicable laws, regulations and permitting
requirements, lack of suitable infrastructure and employees to
support Almonty’s mining operations, uncertainty in the accuracy of
mineral reserves and mineral resources estimates, production
estimates from Almonty’s mining operations, inability to replace
and expand mineral reserves, uncertainties related to title and
indigenous rights with respect to mineral properties owned directly
or indirectly by Almonty, the ability of Almonty to obtain adequate
financing, the ability of Almonty to complete permitting,
construction, development and expansion, challenges related to
global financial conditions, risks related to future sales or
issuance of equity securities, differences in the interpretation or
application of tax laws and regulations or accounting policies and
rules and acceptance of the TSX of the listing of Almonty shares on
the TSX.
Forward-looking statements are based on assumptions management
believes to be reasonable, including but not limited to, no
material adverse change in the market price of ammonium para
tungstate (APT), the continuing ability to fund or obtain funding
for outstanding commitments, expectations regarding the resolution
of legal and tax matters, no negative change to applicable laws,
the ability to secure local contractors, employees and assistance
as and when required and on reasonable terms, and such other
assumptions and factors as are set out herein. Although Almonty has
attempted to identify important factors that could cause actual
results, level of activity, performance or achievements to differ
materially from those contained in forward-looking statements,
there may be other factors that cause results, level of activity,
performance or achievements not to be as anticipated, estimated or
intended. There can be no assurance that forward-looking statements
will prove to be accurate and even if events or results described
in the forward-looking statements are realized or substantially
realized, there can be no assurance that they will have the
expected consequences to, or effects on, Almonty. Accordingly,
readers should not place undue reliance on forward-looking
statements and are cautioned that actual outcomes may vary.
Investors are cautioned against attributing undue certainty to
forward-looking statements. Almonty cautions that the foregoing
list of material factors is not exhaustive. When relying on
Almonty’s forward-looking statements and information to make
decisions, investors and others should carefully consider the
foregoing factors and other uncertainties and potential events.
Almonty has also assumed that material factors will not cause
any forward-looking statements and information to differ materially
from actual results or events. However, the list of these factors
is not exhaustive and is subject to change and there can be no
assurance that such assumptions will reflect the actual outcome of
such items or factors.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS
RELEASE REPRESENTS THE EXPECTATIONS OF ALMONTY AS OF THE DATE OF
THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER
SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-
LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF
ANY OTHER DATE. WHILE ALMONTY MAY ELECT TO, IT DOES NOT UNDERTAKE
TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS
REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
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version on businesswire.com: https://www.businesswire.com/news/home/20250324845943/en/
Company Contact Lewis Black Chairman, President & CEO
(647) 438-9766 info@almonty.com
Investor Relations Contact Lucas A. Zimmerman Managing Director
MZ Group - MZ North America (949) 259-4987 ALMTF@mzgroup.us
www.mzgroup.us
Almonty Industries (TSX:AII)
과거 데이터 주식 차트
부터 3월(3) 2025 으로 4월(4) 2025
Almonty Industries (TSX:AII)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 4월(4) 2025
