Adelayde Announces Investment Dealer Exemption to Private Placement to Fund Gold Drill Program in Esmeralda County, NevadaSeptember 11, 2025 12:37 PM EDT | Source: Adelayde Exploration Inc.Vancouver, British Columbia--(Newsfile Corp. - September 11, 2025) - Adelayde Exploration Inc. (CSE: ADDY) (OTCID: SPMTF) (WKN: A41AGV) (the "Company" or "Adelayde") wishes to announce that a private placement to fund its planned gold drill program in Esmeralda County, Nevada will also include the Investment ...

Allied Critical Metals Expands Santa Helena Breccia in Borralha with Long Tungsten Intercepts and Confirms High-Grade TrendSeptember 11, 2025 7:47 AM EDT | Source: Allied Critical Metals Inc.Highlights:The latest drill results build on Bo_RC_14/25 drill hole (previously released as 12.0 metres @ 4.27% WO₃ from 252.0 metres, incl. 6.0 metres @ 8.39% WO₃ from 252.0 metres) and collectively suggests a larger and higher-grade Breccia complex than previously modeled.Bo_RC_17/25 results included 100 ...

Allied Critical Metals Intersects 12 Metres of 4.27% Tungsten (WO3) Incl. 6 Metres of 8.39% Tungsten (WO3) at Its 100% Owned Borralha Tungsten Project in Northern PortugalSeptember 04, 2025 7:30 AM EDT | Source: Allied Critical Metals Inc.Highlights:Drill hole Bo_RC_14/25 intersects 12.0 metres @ 4.27% WO3 including 6.0 metres @ 8.39% WO3 from 252.00 metres downhole, confirming one of the highest-grade tungsten intercepts reported in Western exploration, especially for high quality wolframite ...

ONGold Initiates Infill Sampling Program to Recover Missing Tungsten and Gold Assays at Monument Bay for Enhanced Resource Modeling and DevelopmentSeptember 02, 2025 7:30 AM EDT | Source: ONGold Resources Ltd.Toronto, Ontario--(Newsfile Corp. - September 2, 2025) - ONGold Resources Ltd. (TSXV: ONAU) (OTCQB: ONGRF) ("ONGold") is pleased to announce that the company has initiated an infill sampling program targeting intervals not previously sampled for tungsten and gold throughout the Monument B ...

Stonegate Capital Partners Initiates Coverage on American Tungsten Corp. (TUNG) August 20, 2025 9:22 AM EDT | Source: Reportable, Inc. Cash balance increased to $1.25M, supported by $2.5M raised through private placements and warrant/option exercises. The Company advanced exploration with $191K in evaluation expenditures, primarily at the IMA Mine Project. Net loss widened to $1.87M (vs. $64K in 1Q24), driven by investor relations, professional fees, and share-based compensation. About Stonegate Stonegate C ...

Core Insights - Allied Critical Metals Inc. has appointed former U.S. Secretary of Homeland Security Kirstjen Nielsen as a Director of its U.S. subsidiary, Allied Critical Metals (USA) Inc. [2][3] - The company aims to enhance its engagement with U.S. government agencies and defense partners to secure a domestic supply of critical materials, particularly tungsten, which is vital for national security [3][6] Company Overview - Allied Critical Metals Inc. is focused on its 100% owned tungsten projects, Borralha and Vila Verde, located in northern Portugal [2][8] - The company is committed to becoming a reliable Western supplier of tungsten, reducing dependence on non-aligned sources [6][8] Strategic Importance - Tungsten is classified as a critical mineral by the U.S. and is essential for various industries, including aerospace, defense, electronics, and energy [6][8] - The global tungsten market is valued at approximately USD $5 to $6 billion, with a significant portion of supply currently dominated by China, Russia, and North Korea, which account for about 86% of total global supply and reserves [8] Leadership Expertise - Secretary Nielsen brings extensive experience in homeland security, public policy, and critical infrastructure, which will be beneficial for the company's strategic positioning [4][5] - Her previous roles include serving as Principal Deputy Chief of Staff to the President and Chief of Staff at DHS, where she focused on national preparedness policy [4][5]

Core Viewpoint - Allied Critical Metals Inc. has successfully closed the second and final tranche of its non-brokered private placement offering, raising a total of approximately $5.1 million for ongoing exploration and development activities in its tungsten projects [1][3][6]. Group 1: Offering Details - The final tranche involved the issuance of 2,016,800 units at a price of $0.30 per unit, resulting in gross proceeds of $605,040 [1]. - The total gross proceeds from the entire offering amounted to $5,104,135.80, with a total of 17,013,786 units issued [1]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.40 for 24 months [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to ongoing exploration and development activities for the Borralha Tungsten Project and Vila Verde Tungsten Project, as well as for additional working capital [3]. Group 3: Company Background - Allied Critical Metals Inc. is focused on the expansion and revitalization of its tungsten projects in northern Portugal, which are critical metals sought after by the U.S. and other western countries [6]. - The tungsten market is valued at approximately $5 to $6 billion and is utilized across various industries, including defense, automotive, manufacturing, electronics, and energy [6].

Core Viewpoint - Allied Critical Metals Inc. has successfully closed the first tranche of a non-brokered private placement offering, raising approximately $4.5 million, and has increased the total offering size to $5 million to support its tungsten projects [1][2]. Group 1: Offering Details - The first tranche consisted of 14,996,986 units priced at $0.30 each, generating gross proceeds of $4,499,095.80 [1]. - Each unit includes one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.40 for 24 months [1]. - The final tranche of the offering is expected to close around August 18, 2025 [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to ongoing exploration and development activities for the Borralha Tungsten Project and Vila Verde Tungsten Project, as well as for additional working capital [2]. Group 3: Financial Arrangements - The company paid finder's fees totaling $310,386.30 in cash and issued 1,034,621 finders warrants in connection with the first tranche [4]. - Finder's fees for the final tranche may also include a cash commission of up to 7% of gross proceeds and finders warrants equal to 7% of the units issued [5]. Group 4: Market Context - Tungsten is classified as a critical metal, with the global market valued between $5 billion and $6 billion, primarily used in defense, automotive, manufacturing, electronics, and energy sectors [8]. - Currently, China, Russia, and North Korea account for approximately 86% of the global tungsten supply and reserves [8].

Financial Data and Key Metrics Changes - Revenues for the first six months of 2025 increased by 160% year over year, reaching $17.5 million, which is $3 million more than the entire 2024 fiscal year [3][5] - Gross profit rose by 183% year over year to $5.2 million, driven by higher average sales prices in both antimony and zeolite businesses [4][6] - Net income for the first half of 2025 was $728,000, up 707% year over year from a loss of $120,000 in the same period last year [4][13] Business Line Data and Key Metrics Changes - Antimony business revenues increased by 203% year over year, contributing $10.4 million to the overall revenue growth, with average sales price rising from about $6 per pound to approximately $22 per pound [5][6] - Zeolite business revenues grew by 24% year over year, with 60% of the increase attributed to higher volume and 40% to higher prices [5] Market Data and Key Metrics Changes - The company reported a significant increase in antimony ore supply, with the supplier delivering twice as much ore compared to the previous year, particularly in the second quarter [10][12] - Inventory levels increased by $5.6 million due to the rise in antimony inventory, indicating strong demand and supply chain adjustments [9][12] Company Strategy and Development Direction - The company is focused on expanding its antimony processing capacity and has increased its staff and supplier relationships to support this growth [12][13] - Strategic acquisitions of mining claims and properties in Alaska, Montana, and Canada are aimed at positioning the company for future growth opportunities [12][13] - The company is actively engaging with the Department of Defense for potential collaborations related to antimony and tungsten, emphasizing its unique position as the only domestic processor of these critical minerals [33][36] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, highlighting the anticipated increase in antimony supply and the ongoing expansion of processing facilities [32][94] - The company is addressing regulatory challenges in Alaska, with expectations of overcoming permitting delays to begin operations [27][68] - Management noted the importance of educating local communities about the benefits of mining operations to gain public support [70] Other Important Information - The company has dual-listed on the NYSE Texas Stock Exchange, enhancing its visibility and engagement with institutional investors [44] - A new marketing initiative is set to launch, aimed at increasing public awareness of the company's role in the critical minerals supply chain [45] Q&A Session Summary Question: Do you anticipate any domestic or supply deals in the near future? - The company indicated that there are no other domestic antimony supplies expected in the short term, aside from its own operations in Montana and Alaska [59] Question: Has the leasehold acreage in Alaska increased? - The company confirmed that the acreage has increased to approximately 30,000 acres due to recent acquisitions [60] Question: Can you provide an update on the $240 million contract from the Defense Logistics Agency? - The company acknowledged the contract and expressed hope for positive outcomes following the solicitation's conclusion [64] Question: What is the status of government funding and potential offtake? - The company remains optimistic about securing government funding and is actively negotiating to ensure shareholder protection [65][66] Question: How receptive has the current administration been in expediting permitting processes? - The company noted that while the federal administration is supportive of critical minerals, the permitting delays are primarily due to state-level processes [68] Question: What are the next steps for tungsten-bearing properties? - The company plans to conduct gravity separation tests and is in the permitting process for bulk sampling [80][84] Question: Why is the North American antimony feedstock supplier shipping more recently? - The increase is attributed to a renegotiated contract and the supplier's need to offload material rather than sending it to waste [88]

Vancouver, BC, Aug. 11, 2025 (GLOBE NEWSWIRE) -- American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9) ("American Tungsten" or the "Company") American Tungsten is pleased to provide an operational update on the ongoing production-readiness efforts at its IMA tungsten project, as well as its active engagement with key federal agencies. Marketing Agreement The team has made significant strides in preparing the site for safe access and restoring the existing infrastructure to support future underground mi ...