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Almonty Industries Inc.
An SI Board Since July 2011
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Emcee:  Sultan Type:  Moderated
Almonty Industries Inc. Completes Acquisition of Woulfe Mining Corp. and Announces Financing Transactions of $7.78 Million

Toronto and Vancouver, British Columbia - September 11, 2015 - Almonty Industries Inc. (“Almonty”) (TSXV: AII) and Woulfe Mining Corp. (“Woulfe”) (CSE: WOF, Frankfurt: OZ4) are pleased to announce that Almonty has completed its acquisition of Woulfe by acquiring all of the outstanding shares of Woulfe pursuant to an arrangement under the Business Corporations Act (British Columbia) (the “BCBCA”). The transaction was previously approved by Woulfe shareholders in accordance with the requirements of the BCBCA, and was subsequently approved by the Supreme Court of British Columbia. It is expected that the common shares of Woulfe will be delisted from the Canadian Securities Exchange at the close of business on or about September 14, 2015. Under the arrangement, each Woulfe common share has been exchanged for 0.1029 of one Almonty common share. Registered Woulfe shareholders should follow the instructions in Woulfe’s management information circular dated July 28, 2015 in order to obtain certificates representing their Almonty common shares due to them under the arrangement. Almonty has issued an aggregate of 34,806,205 Almonty common shares in connection with the arrangement.

Company Overview

Woulfe Mining Corp.is a CSE listed company with a diversified portfolio of mining licenses for tungsten, molybdenum, gold, base metals and uranium-vanadium in South Korea.

The company is focused on the development of the Sangdong tungsten mine (one of the World's largest and most renowned tungsten mine's for 40 years) a property that we believe has substantial value for our shareholders. The outcome of the scoping study in March 2010 determined that the project NPV was US$467 million at a commodity price of $25,000 per tonne Ammonium Paratungstate (APT). Today, the APT price is over US$45,000 per tonne. Woulfe has accelerated the project due to the robust project and market. The company's target is to move to production at the end of 2012. In the last 18 months the company has focused on building the Sangdong tungsten mine team and reopening the mine. The project is well staffed with professionals and is moving forward rapidly.

Woulfe Corporate has now turned its focus to the Muguk gold project, historically Korea's largest producing gold mine. In 1998, Muguk was reported by Korea Resources Corporation (KORES) to contain a combined resource of 1,418,980 tonnes @ 13.5 g/t gold, 72.8 g/t silver (615,956 oz gold and 3,321,599 oz silver). Woulfe cautions that a Qualified Person has not done sufficient work to classify the historical estimate as current, that it is not treating the historical estimate as current and that the historical estimate should not be relied upon. A drill campaign is starting drilling the down dip extensions of the Three Brothers Vein in June 2011. Woulfe's other projects will be considered once these two projects are moving to production, in order to unlock value for shareholders and to move the company to a positive cash flow as quickly as possible.

woulfemining.com

Shares Issued and Outstanding 268,206,883
Options 12,975,000
Warrants 42,906,750
Fully Diluted 324,088,583
Listings CSE: WOF
OTCQX: WFEMF
Frankfurt: OZ4.F
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462September Presentation - Few more slides with details on Sangdong that I don'Sultan-an hour ago
461Insiders Buying - Few more shares - This is becoming tedious canadianinsider.cSultan-an hour ago
460Re tungsten prices Message 31264430LoneClone-last Friday
459One of the more knowledgable poster on stockhouse with his take on likely financSultan-last Friday
458September Investor Presentation almonty.com Excellent presentation. Worth youSultan1last Thursday
457m.canadianinsider.com Insider buying continuesSultan-last Wednesday
456China Sends One of the West’s Most Critical Materials Soaring google.frSultan1September 11
455I'd like to see that by year's end. :)Sultan-September 7
454My attention had been elsewhere so I hadn't noticed how much the price had rLoneClone-September 7
453This guy already owns a ton of shares but looks like can't resist adding morSultan-September 7
452Almonty Announces Debentureholders Holding Convertible Debentures in the PrincipSultan-September 6
451 Almonty: Making Distressed Tungsen Mines Profitable seekingalpha.comSultan-September 6
450I remember how I cringed when they announced the convertible debenture, as I havLoneClone-August 30
449I am out of town and working with borrowed iPad on Safari on a subpar wifi so diSultan-August 30
448Almonty Announces Positive $3,333,000 Q3 EBITDA from Mining Operations, RepresenSultan-August 30
447Almonty Closes Second Tranche of Non-Brokered Private Placement For Proceeds of Sultan-August 17
446If there is any doubt about insiders, check this out.. This guy already owns a Sultan1August 17
445I shudder to think how many years we have been waiting for this to get finalizedLoneClone-August 15
444DEUTSCHE ROHSTOFF: ALMONTY ANNOUNCES USD 5 MILLION PRIVATE PLACEMENT CEO Lewis Sultan-August 15
443Almonty intends to use the proceeds of the Private Placement for the equity portSultan-August 15
442Almonty Closes First Tranche of Its Non-Brokered Private Placement Financing forSultan-August 15
441According to last Information Circular, the only holders with more than 10% wereLoneClone-August 11
440Well, at least this woke up some one finally.. Last share price is 0.35 .. If Sultan-August 11
439Thanks for saving me the wiork, though knowing myself I will redo it anyway. PlLoneClone-August 11
438As far as I know, no one has sold.. Insider buys in March.. small numbers.. NoSultan-August 11
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