Company: ALM
Filing Date: 2025-07-07
Form Type: F-10
Source: 0001641172-25-017947
Chunk: 218

Company: Almonty Industries Inc.
Filing Date: 2025-07-07
Form: F-10
Chunk 218
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in that Member State other than:

(a) to any legal
entity which is a qualified investor as defined in the Prospectus Regulation (as defined below);

(b) to fewer than
150 natural or legal persons (other than qualified investors as defined in the Prospectus Regulation), subject to obtaining the prior
consent of the representatives; or

(c) in any other
circumstances falling within Article 1(4) of the Prospectus Regulation, provided that no such offer of shares of common stock shall require
us or any of our representatives to publish a prospectus pursuant to Article 3 of the Prospectus Regulation or supplement a prospectus
pursuant to Article 23 of the Prospectus Regulation and each person who initially acquires any shares or to whom any offer is made will
be deemed to have represented, acknowledged and agreed to and with each of the representatives and us that it is a “qualified investor”
as defined in the Prospectus Regulation.

In the case of any
shares of common stock being offered to a financial intermediary as that term is used in Article 5 of the Prospectus Regulation, each
such financial intermediary will be deemed to have represented, acknowledged and agreed that the shares acquired by it in the offer have
not been acquired on a nondiscretionary basis on behalf of, nor have they been acquired with a view to their offer or resale to, persons
in circumstances which may give rise to an offer of any shares of common stock to the public other than their offer or resale in a Member
State to qualified investors as so defined or in circumstances in which the prior consent of the representatives has been obtained to
each such proposed offer or resale.

For the purposes
of this provision, the expression an “offer of shares of common stock to the public” in relation to any shares of common
stock in any Member State means the communication in any form and by means of sufficient information on the terms of the offer and the
shares of common stock to be offered so as to enable an investor to decide to purchase shares of common stock, and the expression “Prospectus
Regulation” means Regulation (EU) 2017/1129 (as amended).

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United Kingdom

No shares of common stock have
been offered or will be offered pursuant to the Offering to the public in the United Kingdom prior to the publication of a prospectus
in relation to the shares of common stock which has been approved by the Financial Conduct Authority, except that the shares