American Tungsten is pleased to announce, further to its news release dated January 20, 2025, that it has formally completed its name change and rebranding from Demesne Resources Inc. This transformation underscores the Company’s commitment to onshoring domestic tungsten production capabilities in the United States and furthering North America’s national security agenda. Effective today, the Company's common shares (the [...]
Demesne Resources is pleased to announce that it will be changing its name to “American Tungsten Corp.” and its ticker symbol on the CSE to “TUNG”. The name change was approved by the board of directors for the Company in accordance with the Business Corporations Act and the Company's articles of incorporation. Subject to confirmation by the CSE, effective at the open of markets on or about Jan 23, 2025, the common shares [...]
Demesne Resources is pleased to announce that it has completed the fourth and final tranche of its previously announced non-brokered private placement financing. Pursuant to the Fourth Tranche, the Company issued 1,740,884 common shares of the Company, at a price of $0.25 per Common Share for gross proceeds of approximately $435,221. The Company received gross proceeds of approximately $2,010,622 under the oversubscribed [...]
Demesne Resources announced that it has begun compilation of historical data on the IMA mine to support preparation of a Technical Report on the property. Demesne has contracted A-Z Mining Professionals to prepare the report, a mining consultancy firm with extensive experience in development of Tungsten, precious metals and base metals projects utilizing open pit narrow vein and bulk underground mining methods [...]
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