Almonty Industries, a company listed on the OTCQX under the ticker ALMTF, has announced plans to shift its incorporation from Canada to Delaware, USA. This strategic move, approved by 80% of its shareholders, aims to enhance the company’s operational efficiency and market presence. Despite the change in jurisdiction, Almonty will continue to be listed on both the Toronto Stock Exchange and the Australian Securities Exchange. The relocation is part of a broader strategy to leverage the benefits of U.S. corporate governance and potentially attract a larger investor base.
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