TORONTO–(BUSINESS WIRE)–Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / OTCQX: ALMTF / Frankfurt: ALI.F) wishes to provide a bi-weekly 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