Company: ALM
Filing Date: 2025-07-07
Form Type: F-10
Source: 0001641172-25-017947
Chunk: 52

Company: Almonty Industries Inc.
Filing Date: 2025-07-07
Form: F-10
Chunk 52
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monty’s
business may be affected by environmental activists who engage in activities intended to disrupt Almonty’s business operations.
As a result, there could be delays or losses in transportation and deliveries of minerals to Almonty’s customers, decreased sales
of Almonty’s minerals and extension of time for payment of accounts receivable from Almonty’s customers, which could have
a material adverse effect on Almonty’s business, financial condition and results of operations.

Costs and Compliance Risks as a Result
of Being a Public Company

Legal, accounting
and other expenses associated with public company reporting requirements have increased significantly in the past few years. Almonty
anticipates that general and administrative costs associated with regulatory compliance will continue to increase with recently adopted
or amended corporate governance requirements. The additional demands associated with being a public company may also disrupt regular
operations of our business by diverting the attention of some of its senior management team away from revenue producing activities to
management and administrative oversight, adversely affecting our ability to attract and complete business opportunities and increasing
the difficulty in both retaining professionals and managing and growing our businesses. In addition, failure to comply with any laws
or regulations applicable to us as a public company may result in legal proceedings and/or regulatory investigations, and may cause reputational
damage. Any of these effects could harm our business, financial condition and results of operations.

As a public company,
particularly after the Company is no longer an “emerging growth company” as defined under the JOBS Act, we will incur
significant legal, accounting and other expenses that the Company did not incur prior to being listed in the United States. In addition,
the Sarbanes-Oxley Act, and rules implemented by the SEC, and the NASDAQ, impose various other requirements on public companies, and
the Company will need to spend time and resources to ensure compliance with reporting obligations under Canadian securities laws, Australian
securities laws, as well as obligations in the United States.

Acquisitions and Synergies

The Company is always
actively pursuing the acquisition of exploration, development and production assets consistent with its acquisition and growth strategy.
From time to time, it may also acquire securities of, or other interests in, companies with respect to which it may enter into acquisitions
or other transactions. Acquisition transactions involve inherent risks, including:

| ● | accurately                                                                                 
 assessing the value, strengths, weaknesses, contingent and other liabilities and potential 
 profitability of acquisition candidates;                                                   |
| ● | ability