Company: ALM
Filing Date: 2025-07-11
Form Type: F-10/A
Source: 0001641172-25-018741
Chunk: 48

Company: Almonty Industries Inc.
Filing Date: 2025-07-11
Form: F-10/A
Chunk 48
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’s mining projects, including its
ability to access power, transport (including across borders) and sell its products and access construction labour, supplies and materials.

Failure to comply
strictly with applicable laws, regulations, and local practices relating to mineral rights applications and tenure could also result
in substantial fines, loss, reduction, or expropriation of entitlements. While we operate in politically stable regions, the mining industry
is inherently exposed to these risks, which could impact profitability or delay projects.

Public Allegations, Regulatory Investigations
or Litigation

The Company at one
time conducted exploration and mining operations in a number of jurisdictions and, as a result of such activities and operations or current
or future activities and operations, may be subject to governmental or regulatory investigations and claims in or regarding those jurisdictions,
including jurisdictions in which it is not currently active. A serious allegation, formal investigation by regulatory authorities or
other legal claim (in each case, regardless of the ultimate decision) could have a material adverse impact on the Company, its reputation
and its share price.

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All industries,
including the mining industry, are subject to legal claims, with and without merit. The Company has in the past and may in the future
be involved in various legal proceedings. The causes of potential future litigation cannot be known and may arise from, among other things,
business activities, environmental laws, volatility in stock price or failure or alleged failure to comply with disclosure obligations.
The Company may be required to defend against any such public allegations, regulatory investigations or other claims that are asserted
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