Correction to Finder's Fees for Private Placement
LEGAL_47318138.1
American Tungsten Corp. Corrects Disclosure of Finder’s Fees Paid in
Connection with Previously Announced Private Placement
Vancouver, BC, August 6 , 2025 – American Tungsten Corp. (CSE:TUNG )
(OTCQB:DEMRF) (FSE:RK9) (“American Tungsten” or the “ Company”) wishes to correct
the amount of finders fees disclosed in its July 24, 2025 news release. In connection with the
private placement that closed on July 24, 2025 (the “Offering”), the Company paid finders’ fees
consisting of $326,222.34 in cash and 647,894 non-transferrable warrants (the “Finder’s
Warrants”). Each Finder’s Warrant is exercisable to acquire one Share at an exercise price of
$0.50 per Share for a period of 24-months from the date of issuance.
The remaining material terms of the Offering remain as announced on July 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,
where the Company holds an option to acquire full ownership (subject to a 2% royalty) and has
expanded its land position with 113 additional federal claims covering nearly 2,000 acres.
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: [email protected]
Phone: +1 (647) 871-4571
CSE:TUNG
OTCQB:DEMRF
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.
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LEGAL_47318138.1
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 undertakes no obligation to update publicly or otherwise revise any forward -
looking statements, except as may be required by law.