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Almonty moves to TSX from TSX Venture Exchange

Almonty Industries Inc. received final approval for listing its common shares on the Toronto Stock Exchange, and trading will start June 1 under the symbol AII.

The company said May 30 that its shares will be delisted from the TSX Venture Exchange at the same time.

"We now focus our attention toward the completion of the financing of our Sangdong project," CEO Lewis Black said.

Almonty entered into a new off-take agreement in mid-March with an existing customer for the tungsten concentrate that will be mined and processed at the Sangdong mine in South Korea.