BRIEF-Almonty signs deal with KDB for a term loan facility

Tue Jul 26, 2016 8:54am EDT
 
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July 26 (Reuters) - Almonty Industries Inc

* Almonty announces signing of a binding letter of commitment with KDB and an updated reserve and resource estimate for Sangdong Tungsten Mine

* Binding letter of commitment with Korea Development Bank for a term loan facility in amount of KRW 50 billion (cad$57.9 million)

* Binding letter of commitment with Korea Development Bank for term loan facility to be utilized for build-out of sangdong tungsten mine Source text for Eikon: Further company coverage: