Almonty Industries Provides Update on Status of Filing Delay

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Apr 30, 2021

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / OTCQX: ALMTF / Frankfurt: ALI.F) wishes to provide a status update further to the management cease trade order (“MCTO”) issued by the Ontario Securities Commission dated April 1, 2021 in respect of the Company’s securities under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”). The MCTO only prohibits the Chief Executive Officer and the Chief Financial Officer of the Company from trading in or purchasing the securities of the Company until two full business days after all filings are brought up to date. The Company also has imposed a blackout on trading by all other directors, officers and insiders. The MCTO does ‎not affect the ability of investors who are not insiders to trade in the securities of the Company.‎