Welcome to our dedicated page for American Tungsten news (Ticker: TUNGF), a resource for investors and traders seeking the latest updates and insights on American Tungsten stock.
American Tungsten Corp (OTCQB: TUNGF) generates frequent operational and corporate news as it advances the IMA Mine Project in Idaho and builds a broader North American tungsten platform. The company’s releases focus on underground rehabilitation progress, the status of its multi-phase diamond drill program, and geological observations from drilling, including intersections of quartz veins containing hubnerite and scheelite mineralization.
Investors following TUNGF news can review detailed updates on the development of the D Level and Zero Level workings, establishment of underground drill stations, and expansion of planned drilling footage across multiple vein targets such as the No. 5 and No. 7 Vein systems, the IMA West Vein, the Eastern Vein, and the Main IMA Vein. American Tungsten also reports on its QA/QC procedures, Qualified Person oversight under NI 43-101, and the status of pending assay results from its exploration programs.
Beyond site operations, the company’s news flow includes corporate developments such as strategic board and advisory appointments, engagement of a new independent auditor, stock option grants, and investor relations initiatives. American Tungsten has also disclosed a letter of interest from the Export-Import Bank of the United States for a potential loan to support mining development and milling facilities at the IMA Tungsten Mine, and a planned strategic investment in Viking Mines Limited related to tungsten projects in Nevada.
This news page allows readers to track how American Tungsten’s exploration, financing discussions, and corporate actions evolve over time. For investors and observers interested in tungsten-focused exploration, critical minerals, and the progress of a historic underground mine toward potential restart, the TUNGF news feed offers a centralized view of the company’s disclosed milestones and plans.
American Tungsten (OTCQB: TUNGF) announced on October 20, 2025 a repricing of its previously announced non-brokered LIFE private placement to $2.58 per common share. The LIFE offering remains upsized to $20 million, will include no warrants, and allows cash-only finders' fees up to 6.0%. The company said it will file an amended offering document on Sedar+ and its website, and will provide simple amendments to prior subscribers to confirm allocations at the new price. Net proceeds are intended for the IMA Mine exploration program, accelerated technical studies, and additional working capital. The Offering is subject to approval by the Canadian Securities Exchange (CSE).
American Tungsten (OTCQB: TUNGF) announced an upsized non-brokered LIFE private placement on October 15, 2025, making it eligible to raise up to $22.6 million. The Offering comprises up to 6,468,572 common shares at $3.50 per share under the LIFE exemption, with shares issued free of a statutory hold period under Canadian securities laws.
The company may pay finders' fees up to 6.0% of gross proceeds. Net proceeds are intended for the IMA Mine exploration program, accelerated technical studies, and working capital. The Offering remains subject to approval by the Canadian Securities Exchange (CSE). An offering document will be posted on SEDAR+ and the company's website.