STOCK TITAN

Almonty Industries (Nasdaq: ALM) plans voluntary TSX delisting

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Almonty Industries Inc. plans to voluntarily delist its common shares from the Toronto Stock Exchange, effective as of the close of trading on July 31, 2026. After that date, the common shares will no longer trade on the TSX but will continue to trade on the Nasdaq Capital Market under the symbol ALM.

The company cites that most daily trading volume occurs on Nasdaq and references the financial, administrative and compliance costs of maintaining a TSX listing as reasons for the change. Under Subsection 720(b) of the TSX Company Manual, shareholder approval is not required because an alternative market, Nasdaq, exists. Most Canadian brokers can trade Nasdaq-listed securities, and shareholders with Canadian brokerage accounts are advised to contact their brokers about trading on Nasdaq. Almonty describes itself as a leading supplier of conflict-free tungsten, with its Sangdong Mine in South Korea expected to supply a significant portion of global non-China tungsten production upon reaching full capacity.

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TSX delisting effective date July 31, 2026 Effective as of the close of trading on the Toronto Stock Exchange
Annual information form date March 18, 2026 Date of the annual information form for the year ended December 31, 2025
MD&A date May 11, 2026 Date of management’s discussion and analysis for the three months ended March 31, 2026 and 2025
voluntarily delist regulatory
"announced that it will voluntarily delist the common shares"
A company chooses to remove its shares from a stock exchange of its own accord, stopping regular public trading while it may still exist as a private business. For investors this matters because liquidity and transparency usually fall—selling shares becomes harder and public reporting standards may be reduced—so the move can change how easy it is to buy or sell stock and how much reliable information is available about the company.
Toronto Stock Exchange regulatory
"delist the common shares of the Company from the Toronto Stock Exchange"
The Toronto Stock Exchange is Canada’s largest organized marketplace where shares of publicly traded companies are bought and sold, similar to a large, regulated marketplace for company ownership. It matters to investors because it provides transparent prices, rules that help protect buyers and sellers, and access to many Canadian and international businesses, so movements there can signal economic trends and affect portfolio values.
Subsection 720(b) of the TSX Company Manual regulatory
"Pursuant to Subsection 720(b) of the TSX Company Manual, shareholder approval"
forward-looking statements regulatory
"This press release may contain “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
annual information form financial
"the risks identified in the Company’s annual information form dated March 18, 2026"
A company's annual information form is a comprehensive regulatory filing that lays out its business description, key assets, risks, legal matters and other background details shareholders need to understand the company’s operations. Think of it as a detailed owner’s manual or dossier that supplements financial statements, helping investors do deeper homework on how the business works and what could affect its future performance.
management’s discussion and analysis financial
"in the Company’s management’s discussion and analysis dated May 11, 2026"
Management’s discussion and analysis (MD&A) is a narrative section of a company’s financial filing where executives explain the recent financial results, underlying causes of those results, trends they see, and material risks and uncertainties in everyday language. Investors rely on it like a company’s report card with the manager’s comments—helping interpret raw numbers, judge future prospects and cash needs, and spot warnings or opportunities that the financial statements alone may not reveal.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did Almonty Industries (ALM) announce regarding its TSX listing?

Almonty Industries announced it will voluntarily delist its common shares from the Toronto Stock Exchange effective at the close of trading on July 31, 2026, while the shares will continue trading on the Nasdaq Capital Market under symbol ALM.

Will Almonty Industries (ALM) shares still trade after the TSX delisting?

Yes. After the TSX delisting, Almonty’s common shares will continue to trade on the Nasdaq Capital Market under the ticker ALM. The company states that most of its daily trading volume already occurs on Nasdaq.

Why is Almonty Industries (ALM) delisting from the TSX?

Almonty states that most of its daily trading volume is on Nasdaq and cites the financial, administrative and compliance obligations and costs of a TSX listing. It believes the delisting is in the company’s best interests and will help deliver better value to stakeholders.

Do Almonty Industries (ALM) shareholders need to approve the TSX delisting?

No. The company notes that, under Subsection 720(b) of the TSX Company Manual, shareholder approval is not required because an alternative market for the common shares, the Nasdaq, exists.

How can Canadian investors trade Almonty Industries (ALM) after the TSX delisting?

The company explains that most Canadian brokers, including discount and online brokers, can buy and sell Nasdaq-listed securities. Shareholders with Canadian brokerage accounts are advised to contact their brokers about trading Almonty common shares on Nasdaq.

What business is Almonty Industries (ALM) in and what is the Sangdong Mine?

Almonty describes itself as a leading supplier of conflict-free tungsten, a strategic metal used in defense and advanced technology. Its Sangdong Mine in South Korea is expected to supply a significant portion of global non-China tungsten production upon reaching full capacity.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of July, 2026

 

Commission File Number: 001-42737

 

 

 

ALMONTY INDUSTRIES INC.

(Translation of registrant’s name into English)

 

8 South Idaho Street, Suite A

Dillon, Montana 59725 United States of America

(Address of principal executive offices)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☐ Form 40-F ☒

 

 

 

 
 

 

DOCUMENTS FILED AS PART OF THIS FORM 6-K

 

Exhibit   Description
     
99.1   Press Release, dated July 17, 2026

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  ALMONTY INDUSTRIES INC.
   
Date: July 17, 2026  
  By: /s/ Lewis Black
  Name: Lewis Black
  Title: Chief Executive Officer

 

 

 

Exhibit 99.1

 

 

ALMONTY TO VOLUNTARILY DELIST FROM TSX

 

DILLON, MT – July 17, 2026 – Almonty Industries Inc. (“Almonty” or the “Company”) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced that it will voluntarily delist the common shares of the Company (the “Common Shares”) from the Toronto Stock Exchange (the “TSX”) effective as of the close of trading on July 31, 2026 (the “Delisting”). Following such date, the Common Shares will no longer be traded on the TSX, but will continue to trade on the Nasdaq Capital Market (the “Nasdaq”) under the symbol ALM.

 

Given that the majority of the Company’s daily trading volume is on the Nasdaq, and considering the financial, administrative and compliance obligations and costs associated with maintaining its TSX listing, the Company believes that the Delisting is in the Company’s best interests and that maintaining its Nasdaq listing will help deliver better value to the Company, its shareholders and its other stakeholders. Pursuant to Subsection 720(b) of the TSX Company Manual, shareholder approval of the Delisting is not required as an alternative market for the Common Shares, the Nasdaq, exists.

 

Most brokers in Canada, including discount and online brokers, have the ability to buy and sell securities listed on the Nasdaq. Shareholders holding Common Shares in Canadian brokerage accounts should contact their brokers to confirm how to trade their Common Shares on the Nasdaq.

 

About Almonty Industries Inc.

 

Almonty (Nasdaq: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1) is a leading supplier of conflict-free tungsten – a strategic metal critical to the defense and advanced technology sectors. As geopolitical tensions heighten, tungsten has become essential for armor, munitions, and electronics manufacturing. Almonty’s flagship Sangdong Mine in South Korea, historically one of the world’s largest and highest-grade tungsten deposits, is expected to supply a significant portion of global non-China tungsten production upon reaching full capacity, directly addressing critical supply vulnerabilities highlighted by recent U.S. defense procurement bans and export restrictions by China. With established operations in Portugal and additional projects in the United States and Spain, Almonty is strategically aligned to meet rapidly rising demand from Western allies committed to supply-chain security and defense readiness. To learn more, please visit https://almonty.com.

 

Legal Notice

 

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.

 

 
 

 

Cautionary Note Regarding Forward-Looking Information

 

This press release may contain “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws. 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”, “seek”, “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 press release include, but are not limited to, statements concerning timing relating to the Delisting.

 

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 successful completion of commissioning at the Sangdong Mine, the availability of funding for continued development, and the expected trajectory of tungsten prices. Forward-looking statements are also subject to risks and uncertainties facing the Company’s business, including, without limitation, the risks identified in the Company’s annual information form dated March 18, 2026 for the year ended December 31, 2025 and in the Company’s management’s discussion and analysis dated May 11, 2026 for the three months ended March 31, 2026 and 2025.

 

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, the foregoing list of material factors is not exhaustive, and 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. 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.

 

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 AND IS UNDER NO OBLIGATION TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, EXCEPT AS REǪUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

 

Company

 

Lewis Black

Chairman, President & Chief Executive Officer

(647) 438-9766

info@almonty.com

 

Investor Relations

 

Lucas A. Zimmerman

Managing Director MZ Group - MZ North America

(949) 259-4987

ALM@mzgroup.us

www.mzgroup.us

 

 

Filing Exhibits & Attachments

2 documents