Almonty Shares Face Potential Sell-Off as Lock-Up Period Concludes

A critical juncture has arrived for Almonty Industries Inc. as a significant lock-up agreement reached its expiration, removing previous trading restrictions for company insiders and early investors. This development, effective from November 11th, follows the completion of a 120-day moratorium that initially commenced on July 14th.

The concluded restriction period now permits the trading of substantial equity holdings that were previously inaccessible. Market participants are monitoring the situation closely, as the availability of these securities could influence the stock’s supply-demand equilibrium.

The range of securities now eligible for trading encompasses multiple instruments issued by the tungsten mining company:

• Common Shares: Specific equity Read more...