American Tungsten Grants Incentive Stock Options

Core Insights - American Tungsten Corp. has granted a total of 1,900,000 stock options to directors and consultants, with an exercise price of $1.50 per share for three years and an additional 131,347 options at $2.58 per share for two years [1] - The company is focused on advancing the IMA Mine Project in Idaho, which is a historic underground tungsten property with significant infrastructure and an exclusive option for full ownership [2] Group 1 - The stock options granted are exercisable at a price of $1.50 per common share for a period of three years [1] - An additional 131,347 stock options are exercisable at a price of $2.58 per common share for a period of two years [1] - The common shares from these options cannot be transferred or sold prior to April 19, 2026 [1] Group 2 - American Tungsten Corp. is a Canadian exploration company focused on tungsten and magnetite assets in North America [2] - The IMA Mine Project addresses critical metal scarcity in North America and is located on private-patented land well above the water table [2] - The company has expanded its land position with 113 additional federal claims covering nearly 2,000 acres [2]