Company: ALM
Filing Date: 2025-07-11
Form Type: F-10/A
Source: 0001641172-25-018741
Chunk: 81

Company: Almonty Industries Inc.
Filing Date: 2025-07-11
Form: F-10/A
Chunk 81
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. For
further information on this and other mineral projects, see “Mineral Projects—Material Mineral Project”.

The Company is also
involved in the operation and development of the smaller mineral projects. For further information on these other mineral projects, see
“Mineral Projects—Other Mineral Projects”.

Continuation
to the United States

On February 27, 2025,
the holders of Common Shares of the Company voted in favour of changing the Company’s jurisdiction of incorporation from the federal
jurisdiction of Canada to the State of Delaware, such that the Company would be governed by the Delaware General Corporation Law (the
“Domestication”). The Domestication reflects the growing importance of the United States in our strategic positioning.
With its robust regulatory framework for critical minerals like tungsten and molybdenum and the evolving global economic landscape, the
United States represents a compelling jurisdiction for our incorporation. The Domestication will also align Almonty’s corporate
structure with the location of a significant portion of our shareholder base. If the Board decides to proceed with the Domestication,
the Domestication will be implemented by way of the court-approved Plan of Arrangement under the Canada Business Corporations Act(the “CBCA”) as part of the Arrangement and will be effective on the date set forth in the Certificate of Conversion
and Certificate of Incorporation, as filed with the Secretary of State of the State of Delaware. In addition to the issuance of the final
order of the Ontario Superior Court of Justice (Commercial List) approving the Arrangement, the Arrangement is subject to the receipt
of appropriate consents, approvals, and/or waivers from relevant regulatory authorities and third parties, including the CBCA Director,
the TSX, the ASX and the NASDAQ. Pursuant to the resolution approved by the holders
of Common Shares of the Company, the Board may, without further notice to or approval of the Company’s shareholders, decide not
to proceed with the Arrangement. It is notably possible that, if the Board is, among other factors, not satisfied with the anticipated
Canadian tax consequences of the Arrangement, it may not proceed with the Arrangement. See “Risk Factors—Risks Related to Almonty’s Redomiciling to the United States”.

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Recent Developments

On July 7, 2025, the Company announced the filing
by the Company of a voluntary request for trading halt on the ASX following the filing by the Company of the Technical Report (as defined