CLEANSING STATEMENT Toronto – 4 April 2024 Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) has issued and allotted 750,000 Common Shares at C$0.55 via a private placement. Below is the applicable Cleansing Notice. Secondary Trading Exemption: The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under Section 708 or 708A. By the Company giving this notice, a sale of the Securities noted above will fall within the exemption in section 708A(5) of the Act. The Company hereby notifies the ASX under paragraph 708(A)(5)(e) of the Act that: a) The Company issued the Securities without disclosure to investors under Part 6D.2 of the Act; b) As at the date of this notice the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 and 674A of the Act; and c) As at the date of this notice there is no information: i) that has been excluded from a continuous disclosure notice in accordance with the Listing Rules; and ii) that investors and their professional advisors would reasonably require for the purpose of making an informed assessment of: (1) The assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or (2) The rights and liabilities attaching to the Securities. This announcement has been approved by the Board of Almonty Industries Inc. Piers Lewis Company Secretary About Almonty The principal business of Toronto, Canada-based Almonty Industries Inc. is the mining, processing and shipping of tungsten concentrate from its Los Santos Mine in western Spain and its Panasqueira mine in Portugal as well as the development of its Sangdong tungsten mine in Gangwon Province, South Korea and the development of the Valtreixal ...
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