Responds to OTC Markets Request on Promotional Activity
American Tungsten Corp. Responds to OTC Markets Request on Recent Promotional
Activity
Vancouver, British Columbia – March 11, 2025 – American Tungsten Corp. (CSE: TUNG)
(OTCQB: DEMRF) (FSE: RK9) ("American Tungsten" or the "Company") announces that it has
received a request from OTC Markets Group Inc. ("OTC Markets") to issue this statement
regarding recent promotional ac tivity concerning its common sh ares (the "Common Shares")
traded on the OTCQB Marketplace.
Promotional Activity
On March 4, 2025, OTC Markets informed the Company that it becam e aware of certain
promotional activities concer ning American Tungsten and its Common Shares, including the
distribution of digital marketing materials by Emerging Markets Consulting, LLC ("EMC"). These
materials discussed the Company’s projects, it s business model, and the tungsten industry in
general. The marketing materials also contained publicly available information and summaries of
recent press releases issued by the Company.
EMC is an arm’s-length third-pa rty marketing firm engaged by American Tungsten to provide
investor relations and public awareness services. The engagement was publicly disclosed in a press
release dated March 3, 2025. Under this agreement, EM C is compensated $275,000 USD for a
three-month term to provide corporate marketing, investor awareness, and advertising services.
The Company provided EMC with publicly availa ble information for marketing purposes and
reviewed the materials for fact ual accuracy before dissemina tion. American Tungsten does not
believe any statements in these materials were materially false or misleading. However, the
Company acknowledges that all inves tments carry inherent risks, a nd it encourages investors to
conduct thorough due diligence before making any investment decisions.
Trading Activity
The Company understands that certain promotional activities coincided with an increase in trading
volume of the Common Shares. However, Amer ican Tungsten has no opinion on whether the
promotional activity was the primary cause of this increase, as multiple factors influence trading
volume, including broader market conditions, industry trends, and recent corporate developments,
such as the announcement of the Company’s marketing agreement with EMC.
Management Inquiry and Insider Transactions
Following an internal inquiry, the Company confir ms that no directors, officers, and control
persons, or any third-party service providers were involved in the creation, distribution, or payment
for the promotional materials beyond the engagement of EMC. Additionally, following an inquiry
by management, no directors, officers, and contro l persons, or any third- party service providers
have purchased or sold shares of American Tungsten within the past 90 days. The Company
reminds investors that all insider transactions are publicly disclosed in accordance with regulatory
requirements and can be accessed through SEDI and the OTC Markets website.
Third-Party Service Providers
In the last twelve months, American Tungste n has engaged the followi ng third-party service
providers for corporate marketing, investor relations, and promotional services:
Emerging Markets Consulting, LLC (EMC) – Engaged for investor relations and digital
marketing services (March 2025).
Gold Standard Media, LLC (GSM) – Engaged for landing pages, digital marketing,
email marketing, and influencer marketing services. (January 2025).
Global One Media Limited (Global One) – Engaged for social media management,
marketing and distribution services. (November 2024)
Beyond these engagements, the Company has not en tered into agreements with any other third-
party firms for stock promotion.
Issuance of Securities
Other than previously disclosed transactions in its public filings, American Tungsten has not issued
shares or convertible securities at a discount to market prices. All securities issuances comply with
applicable regulations and are detailed in the Company’s regulatory filings.
Conclusion
American Tungsten remains committed to transparency, responsible investor communication, and
regulatory compliance. The Company encourages investors to rely only on official press releases,
regulatory filings, and informatio n published on the Company’s we bsite for accurate and up-to-
date details about its business operations.
ABOUT AMERICAN TUNGSTEN CORP.
American Tungsten Corp. (previously Demesne Re sources Inc.) is a Ca nadian-based company
involved in the acquisition and e xploration of mineral properties. The Company's magnetite Star
Project consists of five contiguous mineral titles covering an area of approximately 4,615.75
hectares located in the Skeena Mining Division , British Columbia, Canada. The Company has
entered into an option agreement pursuant to which it is entitled to earn an undivided 100% interest
in the Star Project. American Tungsten has also entered into an option agreement, pursuant to
which it can acquire a 100% interest (subject to a 2% royalty) in and to the IMA Mine Project, a
past producing underground tungsten mine situated on 22 patented claims located in East Central,
Idaho, United States. In addition, the Company has acquired surrounding mining rights at its IMA
Mine Project through the staking of 113 WMO federa l lode mining claims co vering an area of
1,988.6 acres (804.75ha).
Social media links:
LinkedIn: https://www.linkedin.com/company/americantungstencorp/
X: https://x.com/amtungsten
Facebook: https://www.facebook.com/americantungsten
Instagram: https://www.instagram.com/americantungstencorp/
YouTube: https://www.youtube.com/@americantungstencorp
ON BEHALF OF THE BOARD OF DIRECTORS:
Murray Nye
CEO
1055 West Georgia Street, Suite 1500
Vancouver, BC V6E 0B6
Canada
For further information, please contact:
Murray Nye, CEO
Email: [email protected]
Phone: +1 (416) 300-7398
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.
This news release includes certain statem ents that may be deemed “forward-looking
statements”. All statements in this news release, other than statements of historical facts, that
address events or developments that the Com pany expects to occur, are forward-looking
statements. Forward-looking stat ements are statements that ar e not historical facts and are
generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”,
“intends”, “estimates”, “projects”, “potential” an d similar expressions, or that events or
conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes
the expectations expressed in such forward- looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual results may
differ materially from those in the forward-lo oking statements. Factors that could cause the
actual results to differ materially from those in forward-looking statements include the receipt
of regulatory approvals, market prices, contin ued availability of capital and financing, and
general economic, market or business conditio ns. Investors are cautioned that any such
statements are not guarantees of future perfor mance and actual result s or developments may
differ materially from those projected in th e forward-looking statements. Forward-looking
statements are based on the beliefs, estimate s and opinions of the Company’s management on
the date the statements are made. Except as required by applicable securities laws, the Company
undertakes no obligation to update these forw ard-looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should change.