Almonty Announces Filing of Preliminary Base Shelf Prospectus Available for 25-Month Period

3 hours ago 2

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Legal Notice

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The release, publication, or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published, or distributed should inform themselves about and observe such restrictions.

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Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

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Cautionary Note Regarding Forward-Looking Information

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This news release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws.

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All statements, other than statements of present or historical facts, are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are typically identified by words such as “plan”, “development”, “growth”, “continued”, “intentions”, “expectations”, “emerging”, “evolving”, “strategy”, “opportunities”, “anticipated”, “trends”, “potential”, “outlook”, “ability”, “additional”, “on track”, “prospects”, “viability”, “estimated”, “reaches”, “enhancing”, “strengthen”, “target”, “believes”, “next steps” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements concerning the filing and receipt of the Final Shelf Prospectus and the effectiveness of the corresponding registration statement; the filing and effectiveness of any potential prospectus supplement; the Company undertaking any offering of Qualified Securities under the Final Shelf Prospectus and the corresponding registration statement; the qualification of secondary offerings by securityholders of the Company; increasing demand for tungsten; the relevance and anticipated performance of the Sangdong Mine and the future growth prospects of the Company.

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Forward-looking statements are based upon certain assumptions and other important factors that, if untrue, could cause actual results to be materially different from future results expressed or implied by such statements. There can be no assurance that forward-looking statements will prove to be accurate. Key assumptions upon which the Company’s forward-looking information is based include, without limitation, the timing and filing of the Final Shelf Prospectus and corresponding registration statement; the timing and filing of a prospectus supplement and any potential offerings of Qualified Securities; the ability to obtain required regulatory approvals for any offerings of Qualified Securities; continued availability of capital and financing and the ability of the Company to negotiate and complete future financings; changes in national and local government, legislation, taxation, controls, regulations and political or economic developments; the continuing ability to fund or obtain funding for outstanding commitments; expectations regarding the resolution of legal and tax matters; the ability to secure local contractors, employees and assistance as and when required and on reasonable terms, and such other assumptions and factors as are set out herein.

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Forward-looking statements are also subject to risks and uncertainties facing the Company’s business, including, without limitation, the risks and uncertainties identified in the Preliminary Shelf Prospectus; risks related to the receipt (or failure to receive) regulatory approvals required in connection with the Preliminary Shelf Prospectus, the Final Shelf Prospectus or the corresponding registration statements; and the risks identified in the Company’s annual information form dated March 20, 2025 and the management’s discussion and analysis for the three and six months ended June 30, 2025.

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Although Almonty has attempted to identify important factors that could cause actual results, level of activity, performance or achievements to differ materially from those contained in forward-looking statements, there may be other factors that could cause results, level of activity, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, and even if events or results described in the forward-looking statements are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, Almonty. Accordingly, readers should not place undue reliance on forward-looking statements and are cautioned that actual outcomes may vary.

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Investors are cautioned against attributing undue certainty to forward-looking statements. Almonty cautions that the foregoing list of material factors is not exhaustive. When relying on Almonty’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Almonty has also assumed that material factors will not cause any forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.

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THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF ALMONTY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD- LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE ALMONTY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

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Contacts

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Company Contact

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Lewis Black

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Chairman, President & CEO

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(647) 438-9766

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Investor Relations Contact

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Lucas A. Zimmerman

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Managing Director MZ Group – MZ North America

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(949) 259-4987

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