Company: ALM
Filing Date: 2025-07-11
Form Type: F-10/A
Source: 0001641172-25-018741
Chunk: 54

Company: Almonty Industries Inc.
Filing Date: 2025-07-11
Form: F-10/A
Chunk 54
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 the acquired company and, if appropriate, integrating all or part of that company’s business with that of the acquirer. The
integration of two businesses can result in unanticipated operational problems and interruptions, expenses and liabilities, the diversion
of management attention and the loss of key employees and their knowledge.

There can be no
assurance that a business integration will be successful or that it will not adversely affect the business, results of operations, financial
condition or operating results of the acquirer and, as a result, the price of the Company’s publicly traded securities. In addition,
the Company may incur charges related to the acquisition of the acquired company and related to integrating the two companies. There
can be no assurance that the Company, in the case of its recent acquisitions, will not incur additional material charges in the future
to reflect additional costs associated with the acquisition or that all of the benefits expected from the acquisitions will be realized.

While the Company
continues to seek acquisition opportunities consistent with its acquisition and growth strategy, it cannot be certain that it will be
able to identify additional suitable acquisition candidates available for sale at reasonable prices, to consummate any acquisition or
to integrate any acquired business into its operations successfully. Acquisitions may involve a number of special risks, circumstances
or legal liabilities. These and other risks related to acquiring and to operating acquired properties and companies could have a material
adverse effect on results of operations and financial condition. In addition, to acquire properties and companies, the Company may need
to use available cash, incur debt, and issue Common Shares or other securities, or a combination of any one or more of these. This could
limit its flexibility to raise capital, to operate, explore and develop its properties and to make additional acquisitions, and could
further dilute and decrease the trading price of the Common Shares. When evaluating an acquisition opportunity, the Company cannot be
certain that it will have correctly identified and managed the risks and costs inherent in the business that it is acquiring.

While at the present
time the Company has no binding agreements, it is always actively pursuing potential acquisitions. The Company can provide no assurance
that any potential transaction will be successfully completed, and, if completed, that the business acquired will be successfully integrated
into its operations. The Company also cannot provide any assurance that if it issues equity securities in connection with an acquisition,
such issuance will not be dilutive. If the Company fails to manage its acquisition and growth strategy successfully, it could have a
material adverse effect on