DelistingJul 20, 2026, 06:06 AM
Almonty to Voluntarily Delist from TSX on July 31, 2026
AI Summary
Almonty Industries Inc. announced its decision to voluntarily delist its common shares from the Toronto Stock Exchange (TSX), effective July 31, 2026. The company's shares will continue to trade on the Nasdaq Capital Market under the symbol ALM. This move is intended to reduce financial, administrative, and compliance costs, as the majority of the company's trading volume already occurs on Nasdaq.
Key Highlights
- Almonty Industries Inc. will voluntarily delist its common shares from the Toronto Stock Exchange (TSX).
- The delisting will be effective as of the close of trading on July 31, 2026.
- Common Shares will continue to trade on the Nasdaq Capital Market (Nasdaq) under the symbol ALM.
- Decision is due to the majority of daily trading volume being on Nasdaq.
- The company expects to reduce financial, administrative, and compliance obligations and costs.
- Shareholder approval for the delisting is not required as Nasdaq provides an alternative market.
Price Impact
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