Almonty Industries Announces 1-for-1.5 Share Consolidation in Anticipation of Potential Nasdaq Listing
TORONTO -- Almonty Industries Inc. (“Almonty” or the “Company“) (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI), a leading global producer of tungsten concentrate, is pleased to announce that it has filed articles of amendment to consolidate its issued and outstanding common shares (“Shares”) on the basis of one (1) post-consolidation Share for every one and a half (1.5) pre-consolidation Shares (the “Consolidation”). The Consolidation was approved by shareholders of the Company (“Shareholders”) at the annual general and special meeting of Shareholders held on April 30, 2025. The Company is implementing the Consolidation for the reasons disclosed in the management information circular dated March 21, 2025 (the “Circular”), including to facilitate a potential Nasdaq listing. Read More
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