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Almonty Industries Inc., a conflict-free tungsten producer listed on NASDAQ, TSX, ASX, and Frankfurt exchanges, has issued and allotted 4,153 Common Shares, accompanied by a statutory cleansing notice dated 3 July 2026. This cleansing notice complies with Australian corporations law, allowing the resale of securities initially issued without formal investor disclosure. The notice, filed alongside an Appendix 3G on the same date, confirms Almonty's adherence to continuous disclosure requirements under the Corporations Act 2001 (Cth). Investors tracking the tungsten miner’s capital management across its global listings may find this development noteworthy.<\/p> <\/div>
Key Points<\/h3>
- Company: Almonty Industries Inc. (ASX: AII, NASDAQ: ALM, TSX: AII, Frankfurt: ALI1)<\/li>
- Issued and allotted 4,153 Common Shares, as detailed in an Appendix 3G lodged on 3 July 2026<\/li>
- Section 708A(5) cleansing notice issued to permit lawful resale of shares issued without disclosure under Part 6D.2 of the Corporations Act 2001 (Cth)<\/li>
- Company confirmed compliance with continuous disclosure obligations under Chapter 2M and sections 674 and 674A of the Act as of the notice date<\/li>
- No details provided on price, consideration, or purpose of the share issuance<\/li>
- Investors should monitor future capital management updates and progress at the Sangdong Mine in South Korea<\/li>
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Details of Almonty’s 4,153 Common Share Issuance and Appendix 3G Submission<\/h2>
On 3 July 2026, Almonty Industries Inc. confirmed the issuance and allotment of 4,153 Common Shares, with the corresponding Appendix 3G lodged with the ASX the same day. The Appendix 3G serves as a standard notification for ASX-listed companies issuing new securities, recording the securities issued and the basis of allotment. In this case, the shares were issued without formal investor disclosure under Part 6D.2 of the Corporations Act 2001 (Cth).<\/p>
The company did not disclose the share price, total proceeds, or the intended use of any funds raised. Although the issuance size is modest for a company listed on four major exchanges, the cleansing notice is a critical legal step enabling recipients to resell the shares on the Australian market without triggering additional disclosure requirements.<\/p>
Implications of the Section 708A Cleansing Notice for Australian Investors<\/h2>
Australian law generally prohibits resale of securities issued without disclosure under Part 6D.2 unless an exemption applies. Almonty’s cleansing notice invokes the exemption under Section 708A(5) of the Corporations Act, as amended by the ASIC Corporations (Offers of CHESS Depository Interests) Instrument 2025/180. This amendment is significant because Almonty’s ASX-listed securities trade as CHESS Depository Interests (CDIs) rather than ordinary shares.<\/p>
By issuing the cleansing notice, Almonty confirms compliance with continuous disclosure obligations under sections 674 and 674A and financial reporting requirements of Chapter 2M. Once these conditions are met, the 4,153 shares become freely tradable in the secondary market without additional disclosure documents. This process is routine but legally important for multinational issuers using the CDI structure on the ASX.<\/p>
Almonty’s Affirmation of Continuous Disclosure Compliance as of 3 July 2026<\/h2>
The cleansing notice includes Almonty’s explicit confirmation that as of 3 July 2026, it has complied with Chapter 2M of the Corporations Act, governing financial reporting, and with continuous disclosure obligations under sections 674 and 674A. The company also confirmed no material information has been withheld in accordance with ASX Listing Rules, and that no information exists that investors or their advisors would reasonably require to assess the company’s financial position or rights attached to the new securities.<\/p>
This confirmation carries legal significance, as the company assumes responsibility for the accuracy and completeness of its disclosures. Any omission of material information at the time of the notice could lead to legal consequences for Almonty and its directors. Therefore, this attestation by the board underscores that public disclosures are current and complete as of the notice date.<\/p>
Multi-Exchange Listing and CDI Structure on the ASX<\/h2>
Almonty Industries is incorporated in Canada and primarily listed on the Toronto Stock Exchange (TSX:AII) and NASDAQ (ALM), with secondary listings on the ASX (AII) and the Frankfurt Stock Exchange (ALI1). For Australian investors, Almonty’s securities trade as CHESS Depository Interests, a structure allowing foreign companies to access Australian capital markets without a full primary listing. CDIs represent economic interests in underlying shares but are settled via Australia’s CHESS system.<\/p>
The ASIC Corporations (Offers of CHESS Depository Interests) Instrument 2025/180, referenced in the cleansing notice, addresses the interaction between the CDI structure and Australia’s disclosure exemption framework. Its inclusion demonstrates Almonty’s compliance with the adapted cleansing notice provisions applicable to CDIs, reflecting the complexity of maintaining a multi-jurisdictional listing.<\/p>
Sangdong Mine in South Korea: Almonty’s Core Asset<\/h2>
While the cleansing notice pertains to an administrative share issuance, Almonty’s flagship asset remains the Sangdong Mine in South Korea, historically one of the world’s largest and highest-grade tungsten deposits. Tungsten is a strategic metal critical for defence applications such as armour, munitions, and advanced electronics.<\/p>
The company highlights ongoing development at Sangdong alongside its Panasqueira Mine in Portugal, an established European operation. Sangdong has garnered interest from defence-focused investors and governments amid geopolitical tensions and efforts to secure critical mineral supply chains. However, the cleansing notice does not provide operational or production updates on Sangdong, and any forward-looking statements are subject to risks outlined in Almonty’s management discussion for the periods ending 30 September 2025.<\/p>
Additional Development Projects: Gentung Browns Lake and Sangdong Molybdenum<\/h2>
Beyond tungsten, Almonty’s portfolio includes the Sangdong Molybdenum Project in South Korea and the Gentung Browns Lake Project in the United States. Molybdenum, like tungsten, is a strategic metal used in high-strength steel alloys and industrial processes, potentially diversifying Almonty’s revenue.<\/p>
The Gentung Browns Lake Project adds a North American presence amid US policy emphasis on domestic critical minerals production. The cleansing notice does not disclose timelines, capital costs, or resource estimates for these projects. Investors seeking detailed information should consult Almonty’s recent regulatory filings. The company’s operations in Portugal and Spain further extend its footprint within Western nations prioritizing resource security.<\/p>
Board Approval and Governance of the Cleansing Notice<\/h2>
The cleansing notice was approved by Almonty’s Board prior to lodgement, reflecting standard governance practices given the legal representations involved. This indicates the notice was reviewed at the highest corporate level rather than treated as a routine administrative filing.<\/p>
Lewis Black, Chairman, President, and CEO, is the primary company contact. Investor relations are managed by Lucas A. Zimmerman of MZ Group – MZ North America. The notice contains no management quotes, consistent with its regulatory nature. Public information does not clarify any immediate share price impact.<\/p>
Tungsten’s Strategic Role in Western Defence Supply Chains<\/h2>
Almonty markets itself as a supplier of conflict-free tungsten, an important distinction as Western governments and defence contractors seek to reduce reliance on Chinese tungsten, which dominates global production. Geopolitical tensions and supply-chain resilience policies have increased demand for non-Chinese sources. Almonty’s operations in South Korea, Portugal, and Spain align with Western supply-chain security priorities.<\/p>
Tungsten’s applications in defence—such as kinetic energy penetrators, armour plating, and munitions—position demand from NATO-aligned governments as a potential long-term growth driver. The conflict-free designation differentiates Almonty’s product from tungsten sourced from regions with human rights or geopolitical concerns. Investors may watch for announcements on long-term offtake agreements or government contracts, though none are disclosed in this notice.<\/p>
Insights on the Small Issuance Size and Near-Term Capital Activity<\/h2>
The issuance of 4,153 Common Shares is relatively small, suggesting it is unlikely to represent a primary capital raise. Such minor issuances typically relate to employee share schemes, settlement of fees, advisory compensation, or conversion of minor instruments. The company did not specify the issuance’s purpose, so investors should await further disclosure.<\/p>
The Appendix 3G filed concurrently may provide additional details on the securities issued. Investors are encouraged to review that document on the ASX platform. Upcoming milestones for Almonty include operational updates from Sangdong, financial reporting, and announcements on strategic partnerships or offtake agreements across its tungsten and molybdenum assets.<\/p>
Details of Almonty’s 4,153 Common Share Issuance and Appendix 3G Submission<\/h2>
On 3 July 2026, Almonty Industries Inc. confirmed the issuance and allotment of 4,153 Common Shares, with the corresponding Appendix 3G lodged with the ASX the same day. The Appendix 3G serves as a standard notification for ASX-listed companies issuing new securities, recording the securities issued and the basis of allotment. In this case, the shares were issued without formal investor disclosure under Part 6D.2 of the Corporations Act 2001 (Cth).<\/p>
The company did not disclose the share price, total proceeds, or the intended use of any funds raised. Although the issuance size is modest for a company listed on four major exchanges, the cleansing notice is a critical legal step enabling recipients to resell the shares on the Australian market without triggering additional disclosure requirements.<\/p>
Implications of the Section 708A Cleansing Notice for Australian Investors<\/h2>
Australian law generally prohibits resale of securities issued without disclosure under Part 6D.2 unless an exemption applies. Almonty’s cleansing notice invokes the exemption under Section 708A(5) of the Corporations Act, as amended by the ASIC Corporations (Offers of CHESS Depository Interests) Instrument 2025/180. This amendment is significant because Almonty’s ASX-listed securities trade as CHESS Depository Interests (CDIs) rather than ordinary shares.<\/p>
By issuing the cleansing notice, Almonty confirms compliance with continuous disclosure obligations under sections 674 and 674A and financial reporting requirements of Chapter 2M. Once these conditions are met, the 4,153 shares become freely tradable in the secondary market without additional disclosure documents. This process is routine but legally important for multinational issuers using the CDI structure on the ASX.<\/p>
Almonty’s Affirmation of Continuous Disclosure Compliance as of 3 July 2026<\/h2>
The cleansing notice includes Almonty’s explicit confirmation that as of 3 July 2026, it has complied with Chapter 2M of the Corporations Act, governing financial reporting, and with continuous disclosure obligations under sections 674 and 674A. The company also confirmed no material information has been withheld in accordance with ASX Listing Rules, and that no information exists that investors or their advisors would reasonably require to assess the company’s financial position or rights attached to the new securities.<\/p>
This confirmation carries legal significance, as the company assumes responsibility for the accuracy and completeness of its disclosures. Any omission of material information at the time of the notice could lead to legal consequences for Almonty and its directors. Therefore, this attestation by the board underscores that public disclosures are current and complete as of the notice date.<\/p>
Multi-Exchange Listing and CDI Structure on the ASX<\/h2>
Almonty Industries is incorporated in Canada and primarily listed on the Toronto Stock Exchange (TSX:AII) and NASDAQ (ALM), with secondary listings on the ASX (AII) and the Frankfurt Stock Exchange (ALI1). For Australian investors, Almonty’s securities trade as CHESS Depository Interests, a structure allowing foreign companies to access Australian capital markets without a full primary listing. CDIs represent economic interests in underlying shares but are settled via Australia’s CHESS system.<\/p>
The ASIC Corporations (Offers of CHESS Depository Interests) Instrument 2025/180, referenced in the cleansing notice, addresses the interaction between the CDI structure and Australia’s disclosure exemption framework. Its inclusion demonstrates Almonty’s compliance with the adapted cleansing notice provisions applicable to CDIs, reflecting the complexity of maintaining a multi-jurisdictional listing.<\/p>
Sangdong Mine in South Korea: Almonty’s Core Asset<\/h2>
While the cleansing notice pertains to an administrative share issuance, Almonty’s flagship asset remains the Sangdong Mine in South Korea, historically one of the world’s largest and highest-grade tungsten deposits. Tungsten is a strategic metal critical for defence applications such as armour, munitions, and advanced electronics.<\/p>
The company highlights ongoing development at Sangdong alongside its Panasqueira Mine in Portugal, an established European operation. Sangdong has garnered interest from defence-focused investors and governments amid geopolitical tensions and efforts to secure critical mineral supply chains. However, the cleansing notice does not provide operational or production updates on Sangdong, and any forward-looking statements are subject to risks outlined in Almonty’s management discussion for the periods ending 30 September 2025.<\/p>
Additional Development Projects: Gentung Browns Lake and Sangdong Molybdenum<\/h2>
Beyond tungsten, Almonty’s portfolio includes the Sangdong Molybdenum Project in South Korea and the Gentung Browns Lake Project in the United States. Molybdenum, like tungsten, is a strategic metal used in high-strength steel alloys and industrial processes, potentially diversifying Almonty’s revenue.<\/p>
The Gentung Browns Lake Project adds a North American presence amid US policy emphasis on domestic critical minerals production. The cleansing notice does not disclose timelines, capital costs, or resource estimates for these projects. Investors seeking detailed information should consult Almonty’s recent regulatory filings. The company’s operations in Portugal and Spain further extend its footprint within Western nations prioritizing resource security.<\/p>
Board Approval and Governance of the Cleansing Notice<\/h2>
The cleansing notice was approved by Almonty’s Board prior to lodgement, reflecting standard governance practices given the legal representations involved. This indicates the notice was reviewed at the highest corporate level rather than treated as a routine administrative filing.<\/p>
Lewis Black, Chairman, President, and CEO, is the primary company contact. Investor relations are managed by Lucas A. Zimmerman of MZ Group – MZ North America. The notice contains no management quotes, consistent with its regulatory nature. Public information does not clarify any immediate share price impact.<\/p>
Tungsten’s Strategic Role in Western Defence Supply Chains<\/h2>
Almonty markets itself as a supplier of conflict-free tungsten, an important distinction as Western governments and defence contractors seek to reduce reliance on Chinese tungsten, which dominates global production. Geopolitical tensions and supply-chain resilience policies have increased demand for non-Chinese sources. Almonty’s operations in South Korea, Portugal, and Spain align with Western supply-chain security priorities.<\/p>
Tungsten’s applications in defence—such as kinetic energy penetrators, armour plating, and munitions—position demand from NATO-aligned governments as a potential long-term growth driver. The conflict-free designation differentiates Almonty’s product from tungsten sourced from regions with human rights or geopolitical concerns. Investors may watch for announcements on long-term offtake agreements or government contracts, though none are disclosed in this notice.<\/p>
Insights on the Small Issuance Size and Near-Term Capital Activity<\/h2>
The issuance of 4,153 Common Shares is relatively small, suggesting it is unlikely to represent a primary capital raise. Such minor issuances typically relate to employee share schemes, settlement of fees, advisory compensation, or conversion of minor instruments. The company did not specify the issuance’s purpose, so investors should await further disclosure.<\/p>
The Appendix 3G filed concurrently may provide additional details on the securities issued. Investors are encouraged to review that document on the ASX platform. Upcoming milestones for Almonty include operational updates from Sangdong, financial reporting, and announcements on strategic partnerships or offtake agreements across its tungsten and molybdenum assets.<\/p>
