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Almonty Industries Soars 11.4% on New CFO Appointment

Generated by AI AgentAinvest Pre-Market Radar

Wednesday, Jul 30, 2025 5:12 am ET1min read

ALM--

Aime Summary

- Almonty Industries surged 11.4% pre-market after appointing Brian Fox as CFO from August 25, 2025.

- The leadership change replaces Mark Gelmon, aiming to strengthen financial strategies and operational efficiency.

- Fox's sector expertise is expected to enhance reporting processes and boost investor confidence in the company's growth.

On July 30, 2025, Almonty IndustriesALM-- saw a significant rise of 11.4% in pre-market trading, reflecting a strong bullish sentiment among investors.

Almonty Industries has recently announced a key leadership change, appointing Brian Fox, CPA, as the new Chief Financial Officer. This appointment is effective from August 25, 2025, and marks the succession of Mark Gelmon, CPA,CA. The move is seen as a strategic decision to bring in fresh financial expertise, which could potentially drive the company's growth and operational efficiency.

Brian Fox's appointment is expected to bring a new perspective to Almonty Industries' financial strategies. His extensive experience in the financial sector is anticipated to enhance the company's financial management and reporting processes, thereby instilling confidence among investors and stakeholders.

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