American Tungsten Completes Strategic Investment in Viking Mines
TMX Newsfile·2026-03-18 00:19

Group 1 - American Tungsten Corp. has completed a minority investment in Viking Mines Limited, acquiring 150,000,000 ordinary shares for a total of AUD$750,000 [1] - The investment was finalized after receiving approval from Viking Mines' shareholders and is part of a broader financing effort by Viking Mines [1] - American Tungsten Corp. is focused on high-potential tungsten and magnetite assets in North America, particularly advancing the IMA Mine Project in Idaho [3] Group 2 - The IMA Mine Project is a historic underground tungsten property with significant infrastructure, located on private-patented land above the water table [3] - The company holds an exclusive option to acquire full ownership of the IMA Mine Project, subject to a 2% royalty, and has expanded its land position with 113 additional federal claims covering nearly 2,000 acres [3]

American Tungsten Completes Strategic Investment in Viking Mines - Reportify