American Tungsten: Investor Update
American Tungsten (OTCQB: TUNGF) rescheduled its investor update to Monday, November 24, 2025 at 10:00 am EST due to widespread Cloudflare outages. The company said registrants for the original event will be automatically registered for the new date.
The update will address the upcoming expiration of trading restrictions on 14,000,000 common shares issued July 24, 2025, which the company says will become unrestricted and freely tradeable on or about November 25, 2025 (described as a mechanical unlock, not new dilution). Proceeds from that private placement have been deployed to site rehabilitation, engineering and design for restart, permitting and environmental work, and project financing preparation. The company also received a Letter of Interest from EXIM for up to US$25.5 million to support IMA Project development.
American Tungsten (OTCQB: TUNGF) ha posticipato l'aggiornamento agli investitori a lunedì 24 novembre 2025 alle 10:00 EST a causa dei diffusi disservizi di Cloudflare. L'azienda ha detto che gli iscritti all'evento originale saranno automaticamente registrati per la nuova data.
L'aggiornamento affronterà la prossima scadenza delle restrizioni di trading su 14.000.000 azioni ordinarie emesse il 24 luglio 2025, che l'azienda dice che diventeranno liberamente negoziabili intorno al 25 novembre 2025 (descritta come sblocco meccanico, non nuova diluizione). I proventi di quel collocamento privato sono stati impiegati per la riabilitazione del sito, ingegneria e progettazione per la ripresa, permessi e lavoro ambientale, e preparazione al finanziamento del progetto. L'azienda ha anche ricevuto una lettera di interesse da EXIM per fino a US$25,5 milioni per supportare lo sviluppo del progetto IMA.
American Tungsten (OTCQB: TUNGF) reprogramó su actualización para inversores para el lunes 24 de noviembre de 2025 a las 10:00 a. m. EST debido a extensas interrupciones de Cloudflare. La empresa dijo que los registrados para el evento original serán registrados automáticamente para la nueva fecha.
La actualización abordará la próxima expiración de las restricciones de negociación sobre 14,000,000 de acciones comunes emitidas el 24 de julio de 2025, que la empresa dice que se volverán sin restricción y libremente negociables alrededor del 25 de noviembre de 2025 (descrita como desbloqueo mecánico, no una nueva dilución). Los ingresos de ese colocación privada se han desplegado para rehabilitación del sitio, ingeniería y diseño para reinicio, permisos y trabajos ambientales, y preparación para financiamiento del proyecto. La empresa también recibió una Carta de Interés de EXIM por hasta US$25,5 millones para apoyar el desarrollo del Proyecto IMA.
American Tungsten (OTCQB: TUNGF)은 Cloudflare의 광범위한 장애로 투자가 업데이트를 재일정했다. 투자자 업데이트를 2025년 11월 24일 월요일 오전 10:00 EST로 재일정했다. 회사는 원래 행사 등록자는 새 날짜로 자동 등록될 것이라고 말했다.
업데이트는 2025년 7월 24일에 발행된 1,400만 주의 보통주의 거래제한이 곧 해제되어 약 2025년 11월 25일경에 자유롭게 거래 가능해질 예정이라고 다룬다(기계적 잠금 해제로 설명되며 새로운 희석은 아님). 그 비공개 배치의 수익은 현장 재활, 재개를 위한 공학 및 설계, 허가 및 환경 작업, 그리고 프로젝트 자금 조달 준비에 사용되었다. 또한 회사는 IMA 프로젝트 개발을 지원하기 위한 EXIM의 최대 US$25.5백만에 이르는 관심 서한을 받았다.
American Tungsten (OTCQB : TUNGF) a reprogrammé sa mise à jour des investisseurs au lundi 24 novembre 2025 à 10h00 EST en raison des nombreuses pannes de Cloudflare. La société a déclaré que les inscrits à l’événement initial seraient automatiquement enregistrés pour la nouvelle date.
La mise à jour portera sur l’expiration prochaine des restrictions de négociation sur 14 000 000 d’actions ordinaires émises le 24 juillet 2025, qui, selon la société, deviendront sans restriction et librement négociables vers le 25 novembre 2025 (décrite comme un déverrouillage mécanique, et non une dilution nouvelle). Les recettes de ce placement privé ont été déployées pour la réhabilitation du site, l’ingénierie et la conception pour la relance, les permis et les travaux environnementaux, et la préparation au financement du projet. La société a également reçu une lettre d’intérêt d’EXIM pour jusqu’à 25,5 millions de dollars américains pour soutenir le développement du projet IMA.
American Tungsten (OTCQB: TUNGF) hat sein Investoren-Update aufgrund weiträumiger Cloudflare-Ausfälle auf Montag, den 24. November 2025, um 10:00 Uhr EST verschoben. Das Unternehmen sagte, dass sich Teilnehmer, die sich ursprünglich registriert hatten, automatisch für das neue Datum anmelden würden.
Das Update wird die kommende Ablauf der Handelsbeschränkungen für 14.000.000 Stammaktien, die am 24. Juli 2025 ausgegeben wurden, behandeln, die laut dem Unternehmen um den 25. November 2025 unbeschränkt und frei handelbar werden sollen (als mechanische Freigabe beschrieben, nicht als neue Verwässerung). Die Erträge aus dieser Privatplatzierung wurden für die Geländerenovierung, Ingenieur- und Designarbeiten für den Neustart, Genehmigungen und Umweltarbeiten sowie die Vorbereitung der Projektfinanzierung verwendet. Das Unternehmen erhielt außerdem ein Letter of Interest von EXIM für bis zu US$25,5 Millionen, um die Entwicklung des IMA-Projekts zu unterstützen.
American Tungsten (OTCQB: TUNGF) أعاد جدولة تحديث المستثمرين إلى الإثنين 24 نوفمبر 2025 الساعة 10:00 صباحاً بتوقيت شرق الولايات المتحدة بسبب انقطاعات واسعة في كلاودفلاير. قالت الشركة إن المسجلين للحدث الأصلي سيُسجلون تلقائياً للموعد الجديد.
سيتناول التحديث انتهاء قيود التداول الخاصة بـ 14,000,000 سهماً عادياً صدرت في 24 يوليو 2025، والتي تقول الشركة إنها ستصبح بلا قيود وقابلة للتداول بحرية في ما يقرب من 25 نوفمبر 2025 (وصف بأنه فتح ميكانيكي، وليس تخفيضاً جديداً). تم توجيه عائدات ذلك الطرح الخاص نحو إعادة تأهيل الموقع والهندسة والتصميم لإعادة البدء، والتصاريح والعمل البيئي، والتحضير لتمويل المشروع. كما تلقت الشركة خطاب اهتمام من EXIM يصل إلى 25.5 مليون دولار أمريكي لدعم تطوير مشروع IMA.
- 14,000,000 shares become unrestricted on or about Nov 25, 2025
- Proceeds deployed to site rehabilitation, engineering and permitting
- EXIM Letter of Interest for up to US$25.5 million
- Unlocked shares on Nov 25, 2025 could increase tradable float and selling pressure
- EXIM Letter of Interest is non-binding and not a committed financing
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2025) - American Tungsten Corp. (CSE: TUNG) (OTCQB: TUNGF) (FSE: RK90) ("American Tungsten" or the "Company) is announcing the rescheduling of this morning's Investor Update, due to the major issues affecting Cloudflare's global network.
The Company is committed to being as open and accessible to its investors, and has decided to reschedule the event to Monday, November 24, 2025 at 10 am EST/7 am PST, to ensure that these widespread internet outages do not impact this event. Please note, if you had already registered for this morning's event, you will automatically be registered for Monday's update.
Today's investor update was intended to provide timely updates to the market, including clarity regarding the upcoming expiration of trading restrictions on a portion of the Company's common shares. On July 24, 2025 the Company issued 14,000,000 common shares as part of a private placement to advance development of the IMA Tungsten Project. These shares become unrestricted and freely tradeable on or about November 25, 2025: this is a mechanical unlock and not new dilution.
The proceeds from this financing have been deployed directly into value-creating work programs, including ongoing rehabilitation of key site infrastructure, engineering and design for restart, advancement of permitting and environmental work, and preparation for project-level financing. The Company also recently received a Letter of Interest from the Export-Import Bank of the United States ("EXIM") for up to US
American Tungsten remains focused on building North America's next primary tungsten producer and delivering long-term value for all shareholders. Management will continue to communicate progress on a regular cadence, including a dedicated investor webinar that has now been rescheduled for Monday, November 24, 2025.
ABOUT AMERICAN TUNGSTEN CORP.
American Tungsten Corp. is a Canadian exploration company focused on high-potential tungsten and magnetite assets in North America. The Company is advancing the Ima Mine Project in Idaho to commercial production, addressing critical metal scarcity in North America. The Company's Ima Mine Project is a historic and high-quality underground tungsten past-producing property on private-patented land well above the water table with significant infrastructure. The Company holds an exclusive option to acquire full ownership (subject to a
For further updates, visit www.americantungstencorp.com or investor relations, Joanna Longo at ir@americantungstencorp.com.
Social media links:
LinkedIn: https://www.linkedin.com/company/americantungstencorp/
X: https://x.com/amtungsten
Facebook: https://www.facebook.com/americantungstencorp/
Instagram: https://www.instagram.com/americantungstencorp/
YouTube: https://www.youtube.com/@americantungstencorp
For further information, please contact:
Ali Haji
Chief Executive Officer
Email: ahaji@americantungstencorp.com
Phone: +1 647 871 4571
(CSE: TUNG)
(OTCQB: TUNGF)
(FSE: RK90)
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.
This news release includes "forward-looking information" that is subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements may include but are not limited to, statements relating to the completion of the Offering on the terms described herein or at all, and the use of proceeds and available funds following the completion of the Offering and are subject to all of the risks and uncertainties normally incident to such events. Investors are cautioned that any such statements are not guarantees of future events and that actual events or developments may differ materially from those projected in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available. No securities regulatory authority has either approved or disapproved of the contents of this news release. The Company undertake no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274987
FAQ
When is American Tungsten's rescheduled investor update for TUNGF?
How many American Tungsten (TUNGF) shares become unrestricted and when?
Will investors need to re-register for the new TUNGF investor update date?
What did American Tungsten say it used the private placement proceeds for?
Does American Tungsten have financing interest from EXIM for the IMA Project?
Is the EXIM support for TUNGF a guaranteed loan?
