Company: ALM
Filing Date: 2025-07-11
Form Type: F-10/A
Source: 0001641172-25-018741
Chunk: 228

Company: Almonty Industries Inc.
Filing Date: 2025-07-11
Form: F-10/A
Chunk 228
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iii) the consent of Zeifmans LLP; (iv) the consent of each “qualified person” for the purposes of NI 43-101
listed on the Exhibit Index of the Registration Statement; and (v) the consents of Norton Rose Fulbright Canada LLP, as Canadian legal
counsel, and of Norton Rose Fulbright US LLP, as U.S. legal counsel.

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<div align='center'>DOCUMENTS INCORPORATED
BY REFERENCE</div>

Copies of the documents
incorporated herein by reference may be obtained on request without charge from the Corporate Secretary of the Company at 100 King Street
West, Suite 5700, Toronto, Ontario, M5X 1C7, telephone (647) 438-9766 and are also available electronically under the Company’s
profile on SEDAR+ at and on EDGAR, at .

The following documents,
filed with the securities commissions or similar regulatory authorities in certain provinces of Canada and filed with, or furnished to,
the SEC are specifically incorporated by reference in, and form an integral part of, this prospectus:

Any documents of the
type required by section 11.1 of Form 44-101F1 – Short Form Prospectus to be incorporated by reference in a short form prospectus,
including those types of documents referred to above and press releases issued by the Company referencing incorporation by reference
in this prospectus, if filed by Almonty with the securities commissions or similar authorities in Canada after the date of this prospectus
and prior to the completion or termination of the Offering, shall be deemed incorporated by reference in the prospectus for the purposes
of the Offering. Documents referenced in any of the documents incorporated by reference in this prospectus but not expressly incorporated
by reference therein or herein and not otherwise required to be incorporated by reference therein or in this prospectus are not incorporated
by reference in this prospectus. These documents are available through the internet on SEDAR+ which can be accessed at .
In addition, to the extent that any document or information incorporated by reference in this prospectus is filed with, or furnished
to, the SEC pursuant to the Exchange Act after the date of this prospectus and prior to the completion or termination of the Offering,
such document or information will be deemed to be incorporated by reference as an exhibit to the Registration Statement of which this
prospectus forms a part (in the case of a report on Form 6-K, if and