Almonty Commences Legal Proceedings Against Pure Tungsten Inc. Resulting from False and Misleading Statements
Almonty Industries Inc. (“Almonty” or the “Company”) (
NASDAQ: ALM) (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced that it has filed a Notice of Application in the Ontario Superior Court of Justice (Commercial List) (the “Court”) against Pure Tungsten Inc. (“Pure Tungsten”). The filing seeks injunctive relief to address materially false and misleading statements circulated by Pure Tungsten regarding Almonty, its flagship Sangdong Mine, and the past involvement of Mr. Tiger Kim in Almonty.
