Company: ALM
Filing Date: 2025-07-07
Form Type: F-10
Source: 0001641172-25-017947
Chunk: 48

Company: Almonty Industries Inc.
Filing Date: 2025-07-07
Form: F-10
Chunk 48
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against it, or may deem it necessary or advisable to initiate legal proceedings to protect its rights. The expense and distraction of
any such public allegations, regulatory investigations or other claims or proceedings, even with respect to claims that have no merit
and whether or not resolved in the Company’s favour, could materially and adversely affect its business, operating results, and
financial condition. There may also be considerable cost and disruption in responding to allegations, investigations or claims and taking
any remedial action. Further, if an investigation, claim or proceeding were resolved against the Company or if it were to settle any
such dispute, the Company may be required to pay damages and costs or refrain from certain activities, any of which could have a material
adverse impact on the Company’s business, operating results, and financial condition.

The results of litigation
cannot be predicted with certainty. While the Company is not aware of any possible legal proceeding that could have a material adverse
effect on its financial position, future cash flow or results of operations of the Company. If the Company cannot resolve disputes favourably,
or if there is significant reputational damage as a result of any real or frivolous claim, the Company may face increased costs or liabilities
to third parties, impairment of assets, lost revenues and the Company’s activities and operations, financial condition, results
of operations, future prospects and share price may be adversely affected.

Environmental and Global Climate
Change Risks

Almonty’s
operations are subject to numerous environmental laws and regulations, all of which can impose substantial costs and liabilities on the
Company. Violations of environmental requirements or permits may result in fines, sanctions, orders to install pollution control equipment,
or even suspension of operations. These regulations, often mandating standards for waste disposal, emissions, and land reclamation, can
increase operational costs and complexity. Frequent amendments or new legislation may adversely affect the Company’s operations,
financial condition, or competitive position. The Company may face costly claims and lawsuits by authorities and third parties relating
to environmental matters.

Additionally, the
potential impacts of global climate change amplify many of these environmental risks. Various governments have adopted or are considering
regulations to mitigate climate change. These regulations may impose stricter emission limits, carbon taxes, or other measures that could
require Almonty to incur substantial additional costs. The resulting increase in expenditures for pollution control, monitoring systems,
and compliance reporting could harm the Company’s cost competitiveness. Inconsistent regulatory frameworks may complicate compliance
efforts and impact the Company