Company: ALM
Filing Date: 2025-07-11
Form Type: F-10/A
Source: 0001641172-25-018741
Chunk: 8

Company: Almonty Industries Inc.
Filing Date: 2025-07-11
Form: F-10/A
Chunk 8
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 in the Offered Shares. The Company has filed the Registration Statement with the
SEC under the U.S. Securities Act relating to the Offered Shares being offered hereunder. This prospectus forms a part of the Registration
Statement. You should rely only on the information contained or incorporated by reference in this prospectus and on the other information
included in the Registration Statement of which this prospectus forms a part.

We have not, nor have
the Underwriters, authorized anyone to provide you with different or additional information. If anyone provides you with different or
additional information, including information or statements in media articles about the Company, you should not rely on it. The Company
and the Underwriters are not making an offer to sell or seeking an offer to buy the Offered Shares in any jurisdiction where the offer
or sale is not permitted by law. You should assume that the information contained in this prospectus is accurate only as of the date
on the front of those documents and that information contained in any document incorporated by reference is accurate only as of the date
of that document, regardless of the time of delivery of this prospectus or of any sale of our securities pursuant thereto. Our business,
financial condition, financial performance and prospects may have changed since those dates. No Common Shares are being offered under
this prospectus in Canada.

In this prospectus,
unless the context otherwise requires, references to “we”, “us”, “our” or similar terms, as well
as references to “Almonty” or the “Company”, refer to Almonty Industries Inc., together with our subsidiaries.

Unless indicated otherwise,
all information in this prospectus is presented without giving effect to the exercise of the option to purchase additional Common Shares
granted to the Underwriters.

On July 3, 2025, we
effected a 1.5-to-1 consolidation of our Common Shares (the “Share Consolidation”),
and our Common Shares commenced trading on a post-consolidated basis on July 7, 2025. The Share Consolidation was approved by
our shareholders on April 30, 2025 at our annual general and special meeting of shareholders. 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 give pro forma effect
to the Share Consolidation. See “Description of Share Capital—Share Consolidation”.

In this prospectus,
unless otherwise indicated, all dollar amounts and references to “