American Tungsten Strengthens the Board of Directors
American Tungsten (OTCQB: TUNGF / CSE: TUNG) announced on October 27, 2025 that Duncan T. Blount was appointed to the board, effective immediately, and that Ajay Toor stepped down. The company thanked Mr. Toor for his contributions.
Mr. Blount brings nearly two decades of global experience in critical minerals, investment management, and corporate leadership, including roles at Chilean Cobalt (OTCQB: COBA), Decklar Resources (TSXV: DKL), Asian Mineral Resources, Redwheel, and Everest Capital. He holds an MBA from Thunderbird and a BA from Samford University.
CEO Ali Haji said Blount's background will support American Tungsten's move from direct shipping ore (DSO) to onsite milling and long-term value creation, and noted that capital is already secured to advance that transition.
American Tungsten (OTCQB: TUNGF / CSE: TUNG) ha annunciato il 27 ottobre 2025 che Duncan T. Blount è stato nominato nel consiglio, con effetto immediato, e che Ajay Toor si è dimesso. L'azienda ha ringraziato il signor Toor per il suo contributo.
Il signor Blount porta quasi due decenni di esperienza globale in minerali critici, gestione degli investimenti e leadership aziendale, tra cui ruoli presso Chilean Cobalt (OTCQB: COBA), Decklar Resources (TSXV: DKL), Asian Mineral Resources, Redwheel e Everest Capital. È in possesso di un MBA dalla Thunderbird e di una laurea BA dalla Samford University.
Il CEO Ali Haji ha dichiarato che l'esperienza di Blount supporterà la transizione di American Tungsten dal minerale da spedizione diretta (DSO) al lavorazione in loco e alla creazione di valore a lungo termine, e ha osservato che il capitale è già stato reperito per avanzare in quella transizione.
American Tungsten (OTCQB: TUNGF / CSE: TUNG) anunció el 27 de octubre de 2025 que Duncan T. Blount fue nombrado miembro de la junta, con efecto inmediato, y que Ajay Toor dejó su cargo. La empresa agradeció al Sr. Toor por sus contribuciones.
El Sr. Blount aporta casi dos décadas de experiencia global en minerales críticos, gestión de inversiones y liderazgo corporativo, incluyendo roles en Chilean Cobalt (OTCQB: COBA), Decklar Resources (TSXV: DKL), Asian Mineral Resources, Redwheel y Everest Capital. Tiene un MBA de Thunderbird y una licenciatura en Samford University.
El CEO Ali Haji señaló que la experiencia de Blount respaldará la transición de American Tungsten desde minerales de envío directo (DSO) hacia molienda in situ y la creación de valor a largo plazo, y indicó que el capital ya está asegurado para avanzar en esa transición.
American Tungsten (OTCQB: TUNGF / CSE: TUNG)은 2025년 10월 27일에 Duncan T. Blount가 이사회에 즉시 임명되었고 Ajay Toor가 물러났다고 발표했습니다. 회사는 Toor 씨의 기여에 감사를 표했습니다.
Blount 씨는 광물 자원 관리, 투자 관리 및 기업 리더십에서 거의 20년의 글로벌 경험을 보유하고 있으며, Chilean Cobalt (OTCQB: COBA), Decklar Resources (TSXV: DKL), Asian Mineral Resources, Redwheel, Everest Capital 등에서의 역할을 포함합니다. 그는 Thunderbird에서 MBA를, Samford University에서 BA를 취득했습니다.
CEO Ali Haji는 Blount의 경력이 American Tungsten이 직송 광석(DSO)에서 현장 몰링으로의 전환과 장기 가치 창출을 뒷받침할 것이며, 그 전환을 추진하기 위해 자본이 이미 확보되어 있다고 언급했습니다.
American Tungsten (OTCQB: TUNGF / CSE: TUNG) a annoncé le 27 octobre 2025 que Duncan T. Blount a été nommé au conseil d'administration, avec effet immédiat, et que Ajay Toor a démissionné. L'entreprise a remercier M. Toor pour ses contributions.
M. Blount apporte près de deux décennies d'expérience mondiale dans les minéraux critiques, la gestion d'investissements et le leadership d'entreprise, notamment des postes chez Chilean Cobalt (OTCQB: COBA), Decklar Resources (TSXV: DKL), Asian Mineral Resources, Redwheel et Everest Capital. Il est titulaire d'un MBA de Thunderbird et d'une licence BA de l'université Samford.
Le PDG Ali Haji a déclaré que le parcours de Blount soutiendra la transition d'American Tungsten du minerai à expédition directe (DSO) vers le broyage sur site et la création de valeur à long terme, et a noté que le capital est déjà sécurisé pour faire avancer cette transition.
American Tungsten (OTCQB: TUNGF / CSE: TUNG) gab am 27. Oktober 2025 bekannt, dass Duncan T. Blount mit sofortiger Wirkung dem Vorstand beigetreten ist und dass Ajay Toor zurückgetreten ist. Das Unternehmen dankte Herrn Toor für seine Beiträge.
Herr Blount bringt nahezu zwei Jahrzehnte globale Erfahrung in kritischen Mineralien, Investmentmanagement und Unternehmensführung mit, darunter Positionen bei Chilean Cobalt (OTCQB: COBA), Decklar Resources (TSXV: DKL), Asian Mineral Resources, Redwheel und Everest Capital. Er besitzt einen MBA von Thunderbird und einen BA-Abschluss von der Samford University.
CEO Ali Haji sagte, Blounts Hintergrund werde American Tungsten dabei unterstützen, vom Direct Shipping Ore (DSO) zur örtlichen Milling überzugehen und langfristig Wert zu schaffen, und stellte fest, dass Kapital bereits beschafft sei, um diesen Übergang voranzutreiben.
American Tungsten (OTCQB: TUNGF / CSE: TUNG) أعلن في 27 أكتوبر 2025 أن دكان ت.Blount قد عُيِّن في المجلس، بفعالية فورية، وأن آجاي تور استقال. وقد شكرت الشركة السيد تور على مساهمته.
يجلب السيد بلوت خبرة عالمية تقرب من عقدين في المعادن الحيوية وإدارة الاستثمارات والقيادة الشركاتية، بما في ذلك مناصب في Chilean Cobalt (OTCQB: COBA)، Decklar Resources (TSXV: DKL)، Asian Mineral Resources، Redwheel، وEverest Capital. ويحمل شهادة MBA من Thunderbird وبكالوريوس من Samford University.
وقال الرئيس التنفيذي علي حجي إن خلفية بلوت ستدعم انتقال American Tungsten من خام الشحن المباشر (DSO) إلى طحن في الموقع وخلق قيمة طويلة الأجل، وأشار إلى أن رأس المال مُؤمَّن بالفعل للمضي قدمًا في هذا التحول.
American Tungsten (OTCQB: TUNGF / CSE: TUNG) 于2025年10月27日宣布，Duncan T. Blount被任命为董事会成员，立即生效，Ajay Toor辞去职务。公司对Toor先生的贡献表示感谢。
Blount先生在全球关键矿物、投资管理和企业领导方面拥有近二十年的经验，曾在 Chilean Cobalt (OTCQB: COBA)、Decklar Resources (TSXV: DKL)、Asian Mineral Resources、Redwheel 和 Everest Capital 等任职。他拥有 Thunderbird 的 MBA 学位和 Samford University 的 BA 学士学位。
首席执行官 Ali Haji 表示，Blount 的背景将支持 American Tungsten 将从 原矿直运（DSO） 转向 就地选矿/磨矿并实现长期价值创造，并指出 资本已就绪，可推进这一转型。
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Vancouver, British Columbia--(Newsfile Corp. - October 27, 2025) - American Tungsten Corp. (CSE: TUNG) (OTCQB: TUNGF) (FSE: RK90) ("American Tungsten" or the "Company is pleased to announce the appointment of Duncan T. Blount to its Board of Directors, and Ajay Toor has stepped down from the Board of Directors, both effective immediately. The company thanks Mr. Toor for his contributions to the Company.
Mr. Blount brings nearly two decades of global experience in natural resources, investment management, and corporate leadership. He currently serves as Chairman and Chief Executive Officer of Chilean Cobalt Corp. (OTCQB: COBA), a U.S.-based and publicly listed critical minerals exploration and development company focused on the historic La Cobaltera cobalt-copper project in northern Chile.
Prior to his role at Chilean Cobalt, Mr. Blount was CEO and Director of Decklar Resources Inc. (TSXV: DKL), a Nigeria-focused independent oil and gas company. Earlier in his career, he led Asian Mineral Resources Ltd., which operated a nickel-copper-cobalt mine in northern Vietnam.
Mr. Blount also spent a decade in the investment management industry, specializing in natural resources and emerging markets. He held key roles at Redwheel (formerly RWC Partners Ltd.) and Everest Capital Ltd., where he developed portfolio strategies focused on commodities and natural resource equity investments.
In addition to his executive leadership roles, Mr. Blount serves on the Advisory Board of Ocean Minerals LLC, a private deep sea minerals exploration and development company. He holds an MBA from the Thunderbird School of Global Management in Glendale, Arizona, and a BA in Language and World Trade from Samford University in Birmingham, Alabama.
"Duncan's deep expertise across critical minerals, global markets, and strategic development will be invaluable as we advance our growth initiatives and strengthen our position in the tungsten sector," said Ali Haji, CEO of American Tungsten. "With capital already secured, Duncan's appointment enhances our ability to execute on our transition from direct shipping ore (DSO) operations to onsite milling and long-term value creation. His global perspective and proven leadership will help guide our strategy."
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: RK9
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. Images in this press release is for illustrative purposes only and does not represent the grade or quantity of mineralization which may be present. Visual estimates of mineralization quantity are not a substitute for laboratory analyses. Laboratory analyses from samples have not been received and there is no guarantee that results will demonstrate presence of mineralization at economically significant quantities. Laboratory analyses are expected in 6-8 weeks.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272022
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