Almonty Industries Inc. announced the appointment of Mark Gelmon as the Chief Financial Officer of Almonty, effective immediately. Mr. Gelmon also was appointed to the Board of Directors and as a member of the Audit Committee. Mr. Gelmon succeeds Dennis Logan, who resigned from the CFO position and as a director of Almonty to pursue other interests.

Almonty is also announced the appointment of Marion McGrath as Corporate Secretary. Mr. Gelmon previously served as Chief Financial Officer of Almonty's subsidiary, Woulfe Mining Corp.