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Stonegate Capital Partners Initiates Coverage on American Tungsten Corp. (TUNG)
Newsfile·2025-08-20 13:21

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,supportedby1.25M, supported by 2.5M raised through private placements and warrant/option exercises. The Company advanced exploration with 191Kinevaluationexpenditures,primarilyattheIMAMineProject.Netlosswidenedto191K 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 ...