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Deutsche Rohstoff Files $67 Million Suit Against Almonty Over Conversion Shares, Unpaid Debt
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01:54 AM EST, 11/11/2026 (MT Newswires) -- Deutsche Rohstoff (DR0.F) is seeking $67 million in its lawsuit against Almonty in Canada after the latter allegedly refused to deliver 3.5 million conversion shares and failed to repay 10 million euros in outstanding promissory notes. The deadline for Almonty to fulfill its liabilities expired on Oct. 31, the Germany-listed natural resources company said in a Wednesday release. Meanwhile, Almonty also launched a suit against Deutsche Rohstoff, which the company said is "meritless" as it is based on baseless and otherwise largely time-barred allegations related to the 2014 Wolfram Camp Mine sale in Australia. Without quantifying its damages, Almonty is requesting the return of the shares related to the 2014 asset sale.
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