Company: ALM
Filing Date: 2025-07-07
Form Type: F-10
Source: 0001641172-25-017947
Chunk: 183

Company: Almonty Industries Inc.
Filing Date: 2025-07-07
Form: F-10
Chunk 183
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 of Common Shares. The Common Shares do not have a par value. As of the date of this prospectus,
195,860,805 Common Shares are issued and outstanding.

Common Shares

Holders of the Common
Shares are entitled to receive notice of and to attend all meetings of the shareholders of the Company. Each Common Share carries one
vote. In the event of the liquidation, dissolution or winding up of the Company, whether voluntary or involuntary, or any other distribution
of its assets among its shareholders for the purpose of winding up its affairs, the holders of the Common Shares are entitled to receive
the remaining property and assets of the Company on a pro rata basis. The shareholders are entitled to receive pro rata such dividends
as may be declared by the Board out of funds legally available for such purpose. No Common Shares have been issued subject to call or
assessment. There are no pre-emptive or conversion rights, and no provisions for redemption, retraction, purchase or cancellation, surrender,
sinking fund or purchase fund.

Dividend Policy

The Company has not
paid any dividends on the Common Shares for the past three most recently completed fiscal years. Any future determination to pay dividends
will be at the discretion of the Board and will depend upon the Company’s results of operations, capital requirements and other
relevant factors. The Company has no present intention of paying dividends on its Common Shares, as it anticipates that all available
funds will be invested to finance the growth of its business for the immediate future.

Share Consolidation

On July 3, 2025,
we filed articles of amendment for the purpose of effecting the Share Consolidation on the basis that each one and a half outstanding
Common Shares became one post-consolidated Common Share. No fractional Common Shares have been issued in connection with such consolidation
and, in the event that a shareholder would otherwise be entitled to a fractional Common Share upon such consolidation, such shareholder
had such fractional share cancelled. Except where otherwise noted, all information in this prospectus and the documents incorporated
by reference dated on or after the date of the share consolidation gives effect to such share consolidation.

Principal Shareholders

To our knowledge, the
only persons who beneficially own Common Shares conferring more than 10% of the voting rights attached to our issued and outstanding
Common Shares are GTP, which currently beneficially own approximately 25,433,037 Common Shares (on a post-consolidated basis), or
13.59% of our