Jul. 13 at 8:31 PM
$DEMRF Vancouver, BC, June 30, 2025 — American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9) (“American Tungsten” or the “Company”) is pleased to announce that it will proceed with a non-brokered private placement of up to 5,000,000 common shares of the Company (the “Shares”) at
$0.50 per Share for gross proceeds of up to
$2,500,000 (the “Offering”).
“Securing this capital marks an important step forward for American Tungsten. It allows us to accelerate development of the IMA Tungsten Project and pursue additional strategic opportunities, positioning us to become a leading domestic source of this critical metal. As global demand for tungsten continues to rise, we are proud to advance a secure, North American supply chain that supports long-term growth,” stated Ali Haji, President and CEO of American Tungsten Corp.
In connection with the Offering, the Company will pay finders’ fees of up to 7.0% of the gross proceeds raised by the Company from the sale of Shares to subscribers