BRIEF-Almonty announces private placement of up to $1 mln

Tue Jul 26, 2016 8:51am EDT
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July 26 (Reuters) - Almonty Industries Inc

* Almonty Industries Inc says debentures will mature two 2 years from date of issue

* Almonty Industries Inc Says debentures will bear interest at a rate of 5% per annum paid semi annually in cash

* Almonty announces private placement of up to $1,000,000 of unsecured convertible debentures and director resignation Source text for Eikon: Further company coverage: