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Almonty Industries Inc.

Innovation & Integrity in Tungsten

Global Conflict-Free Tungsten

Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three Months Ended March 31, 2023

Toronto – May 12, 2023 – Almonty Industries Inc. (“Almonty” or the “Company“) (TSX: AII / ASX: AII / OTCQX: ALMTF / FRA: ALI) today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis (“MD&A”) for the three months ended March 31, 2023. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars.

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