SCHEDULE: Michael Black Discloses 6.9% Stake in Almonty Industries

Michael Lewis Black has reported a beneficial ownership of 6.9% of Almonty Industries Inc.'s common shares.

Summary

• Michael Lewis Black beneficially owns 19,464,921 common shares of Almonty Industries Inc.
• This ownership represents 6.9% of the total class of securities.
• Black holds sole voting power over 15,202,308 shares and shared voting power over 4,262,613 shares.
• Black also holds sole dispositive power over 15,202,308 shares and shared dispositive power over 4,262,613 shares.
• The filing was made on March 31, 2026, reporting an event date of March 24, 2026.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive disclosure, as a significant individual stake of 6.9% can be interpreted as a vote of confidence in the company's long-term prospects by a substantial investor.

Positives

• The disclosure of a significant 6.9% beneficial ownership by Michael Lewis Black may signal confidence in Almonty Industries Inc. from a substantial individual investor.

Negatives

• NA

Risks

• NA

Future Outlook

This filing is a beneficial ownership report and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that beneficial ownership filings like this Schedule 13G provide transparency into significant shareholder positions, which can sometimes influence market perception of a company, particularly when a new substantial investor is disclosed. However, this filing alone does not provide information on broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: The disclosure of a significant individual shareholder may provide a sense of stability or confidence, potentially influencing investor sentiment.
• Company Management: Awareness of a substantial shareholder like Michael Lewis Black could influence strategic decisions or engagement with major investors.

Key Dates

Keywords

Almonty Industries Inc., Michael Lewis Black, Beneficial Ownership, Schedule 13G, Common Shares, Shareholder, SEC Filing, Ownership Stake