Almonty Commences Legal Proceedings Against Pure Tungsten Inc. Resulting from False and Misleading Statements
Almonty Industries Inc. - Common Shares (ALM)
Company Research
Source: Business Wire
TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced that it has filed a Notice of Application in the Ontario Superior Court of Justice (Commercial List) (the “Court”) against Pure Tungsten Inc. (“Pure Tungsten”). The filing seeks injunctive relief to address materially false and misleading statements circulated by Pure Tungsten regarding Almonty, its flagship Sangdong Mine, and the past involvement of Mr. Tiger Kim in Almonty.Although it appears to have removed certain multi-media posts containing false or unsupported information following the receipt of cease-and-desist letters from Almonty and its legal counsel, Pure Tungsten has failed to correct a number of incorrect statements or issue a retraction. Instead, Pure Tungsten has escalated matters by issuing a letter threatening criminal proceedings against Almonty’s C
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- Almonty Industries Montana Project to be the first U.S. tungsten mine since 2015 [Yahoo! Finance]Yahoo! Finance
- Almonty Industries Montana Project to be the first U.S. tungsten mine since 2015 [FOX Business Network]FOX Business Network
- Almonty Industries (NASDAQ:ALM) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Almonty Advances Intent to Become The Leading U.S. Integrated Tungsten Producer with Acquisition of Gentung Browns Lake Tungsten Project in Montana [Yahoo! Finance]Yahoo! Finance
ALM
Sec Filings
- 12/1/25 - Form 6-K
- 11/17/25 - Form 6-K
- 11/3/25 - Form 6-K
- ALM's page on the SEC website