Our that site core group of existing shareholders and the industry as a whole continue to strongly support our low cost/low capex consolidation of the sector and the long term low cost viability and reliability that we bring to the western consumers of tungsten concentrate. I would like to thank in advance all those who participate in this raise for their support and commitment to the consolidation that we have now completed and for their vision of the future value of Almonty as we see tungsten prices continue to improve. Almonty expects certain of its directors, officers and significant shareholders to participate in the Equity Offering, which will, as a result, qualify as a related party transaction for purposes of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (MI 61-101). Neither the fair market value of the securities being issued to interested parties nor the consideration being paid by interested parties will exceed 25% of Almontys

Our that site core group of existing shareholders and the industry as a whole continue to strongly support our low cost/low capex consolidation of the sector and the long term low cost viability and reliability that we bring to the western consumers of tungsten concentrate. I would like to thank in advance all those who participate in this raise for their support and commitment to the consolidation that we have now completed and for their vision of the future value of Almonty as we see tungsten prices continue to improve. Almonty expects certain of its directors, officers and significant shareholders to participate in the Equity Offering, which will, as a result, qualify as a related party transaction for purposes of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (MI 61-101). Neither the fair market value of the securities being issued to interested parties nor the consideration being paid by interested parties will exceed 25% of Almontys

Our that site core group of existing shareholders and the industry as a whole continue to strongly support our low cost/low capex consolidation of the sector and the long term low cost viability and reliability that we bring to the western consumers of tungsten concentrate. I would like to thank in advance all those who participate in this raise for their support and commitment to the consolidation that we have now completed and for their vision of the future value of Almonty as we see tungsten prices continue to improve. Almonty expects certain of its directors, officers and significant shareholders to participate in the Equity Offering, which will, as a result, qualify as a related party transaction for purposes of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (MI 61-101). Neither the fair market value of the securities being issued to interested parties nor the consideration being paid by interested parties will exceed 25% of Almontys

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