Company: ALM
Filing Date: 2025-07-07
Form Type: F-10
Source: 0001641172-25-017947
Chunk: 214

Company: Almonty Industries Inc.
Filing Date: 2025-07-07
Form: F-10
Chunk 214
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 occurs when a particular Underwriter repays to the Underwriters a portion of the underwriting discount received by it because the Lead Underwriter has repurchased Common Shares sold by or for the account of such Underwriter in stabilizing or short covering transactions.

Similar to other purchase transactions, the Underwriters’ purchases to cover the syndicate short sales may have the effect of raising or maintaining the market price of our Common Shares or preventing or retarding a decline in the market price of our Common Shares. As a result, the price of our Common Shares may be higher than the price that might otherwise exist in the open market. Subject to applicable rules, the Underwriters may conduct these transactions on the NASDAQ or the TSX, in the over-the-counter market or otherwise. The Underwriters may engage in market stabilization or market balancing activities on the TSX where the bid for or purchase of our securities is for the purpose of maintaining a fair and orderly market in such securities, subject to price limitations applicable to such bids or purchases. Such transactions, if commenced, may be discontinued at any time.

Neither we nor any of the Underwriters make any representation or prediction as to the direction or magnitude of any effect that the transactions described above may have on the price of our Common Shares. In addition, neither we nor any of the Underwriters make any representation that the Lead Underwriter will engage in these transactions or that these transactions, once commenced, will not be discontinued without notice.

Electronic
Distribution

This prospectus may
be made available in electronic format on websites or through other online services maintained by the Underwriters or by its affiliates
(in accordance with Rule 172 under the U.S. Securities Act). In those cases, prospective investors may view offering terms online
and prospective investors may be allowed to place orders online. Other than this prospectus in electronic format, the information on
the Underwriters’ websites or our website and any information contained in any other websites
maintained by the Underwriters or by us is not part of this prospectus or the registration statement of which this prospectus forms a
part, has not been approved and/or endorsed by us or the Underwriters in their capacity as the Underwriters, and should not be relied
upon by investors.

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Listing

Our Common Shares are
currently listed and posted for trading on the TSX and the ASX under the trading symbol “AII”, and are traded on the FSE
under the trading symbol “ALI”, and the OTCQX under the trading