Company: ALM
Filing Date: 2025-07-11
Form Type: F-10/A
Source: 0001641172-25-018741
Chunk: 61

Company: Almonty Industries Inc.
Filing Date: 2025-07-11
Form: F-10/A
Chunk 61
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 or unfavourable research
about its business, the Common Shares price would likely decline. In addition, if the operating results fail to meet the forecast of
analysts, the Common Shares price would likely decline. If one or more of these analysts cease coverage of the Company or fail to publish
reports on regularly, demand for the Common Shares could decrease, which might cause the Common Shares price and trading volume to decline.

| 33 |

Treatment as an “Emerging Growth
Company”

We are an “emerging growth company,”
as defined in the JOBS Act. For as long as we continue to be an emerging growth company, we may take advantage of exemptions from various
reporting requirements that are applicable to other public companies that are not emerging growth companies, including, but not limited
to, (1) not being required to comply with the auditor attestation requirements of Section 404 of the United States Sarbanes-Oxley
Act of 2002, or the Sarbanes-Oxley Act, (2) reduced disclosure obligations regarding executive compensation in this prospectus and
our periodic reports and proxy statements, as applicable, and (3) exemptions from the requirements of holding a nonbinding advisory
vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.

We could be an emerging growth company for up
to five years, although circumstances could cause us to lose that status earlier, including if the market value of our Common Shares
held by non-affiliates exceeds US$700 million as of any June 30 before that time or if we have total annual gross revenue of US$1.235 billion
or more during any fiscal year before that time, in which cases we would no longer be an emerging growth company as of the following
December 31 or, if we issue more than US$1.0 billion in non-convertible debt during any three-year period before that time,
we would cease to be an emerging growth company immediately. Even after we no longer qualify as an emerging growth company, we may still
qualify as a “smaller reporting company” which would allow us to take advantage of many of the same exemptions from disclosure
requirements, including not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley
Act and reduced disclosure obligations regarding executive compensation in our periodic reports and proxy statements, as applicable.
We cannot predict if investors will find our Common Shares less attractive because we may rely on these exemptions