Almonty to Voluntarily Delist from ASX on September 1, 2026
Almonty Industries Inc. announced its decision to voluntarily delist from the Australian Securities Exchange (ASX), with formal approval received. The delisting is expected to occur on September 1, 2026, following the suspension of trading for CHESS depositary interests (CDIs) on August 28, 2026. The company cited low and declining trading volumes on the ASX, with only about 0.80% of shares held on the Australian register, and the associated financial and compliance costs as reasons for the move. Almonty's shares will continue to trade on Nasdaq and the Frankfurt Stock Exchange, and the company has outlined options for CDI holders, including conversion to Nasdaq-listed shares or participation in sale facilities.
Key Highlights
- Almonty to voluntarily delist from the Australian Securities Exchange (ASX).
- Delisting expected on September 1, 2026, with last trading day on ASX being August 28, 2026.
- Reason for delisting is low and declining trading volumes on ASX compared to Nasdaq and TSX.
- Approximately 0.80% of all issued shares were held on the Australian register as of July 14, 2026.
- Shares will continue to trade on Nasdaq (ALM) and the Frankfurt Stock Exchange (ALI1).
- CDI holders can convert to Nasdaq-listed shares, sell on ASX before suspension, or use voluntary/compulsory sale facilities.
- Company previously announced delisting from Toronto Stock Exchange (TSX) effective July 31, 2026.
Price Impact
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