Deutsche Rohstoff sues Almonty for approximately USD 67 million in Canada

Bitget2026/11/11 06:30

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Deutsche Rohstoff filed a Canadian lawsuit against Almonty Industries seeking approximately USD 67 million (approximately EUR 60 million).
Claims include entitlement to 3,500,000 conversion shares and repayment of outstanding promissory notes.
Almonty allegedly failed to repay approximately EUR 10 million in liabilities by the October 31, 2026, deadline.
Almonty's countersuit seeks return of shares from the 2014 Wolfram Camp Mine sale in Australia; damages remain largely unquantified.
The lawsuits have been consolidated; the German company considers Almonty's allegations unfounded and largely time-barred.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Deutsche Rohstoff AG published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2432230_en) on November 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Deutsche Rohstoff sues Almonty for approximately USD 67 million in Canada

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