American Tungsten Corp.: Addressing Recent Promotional Activity Regarding Its Common Shares
Vancouver, British Columbia, March 11, 2025 – American Tungsten Corp. (CSE: TUNG) (OTCQB: DEMRF) (FSE: RK9) (“American Tungsten” or the “Company”), a leading international tungsten producer, feels compelled to address the recent promotional activity surrounding its common shares (“Common Shares”) traded on the OTCQB Marketplace. The Company wishes to provide transparency and clarity to its shareholders and the investing public regarding this matter.
Request from OTC Markets
The Company has received a request from OTC Markets Group Inc. (“OTC Markets”) to issue this statement in response to promotional activities that have been disseminated to the public. OTC Markets is a leading provider of financial market data and connectivity, and operates the OTCQB Venture Marketplace, where American Tungsten’s Common Shares are listed.
Promotional Activities
The promotional activities in question involve communications that may be misleading or contain false or misrepresentative statements about American Tungsten, its business, and its financial condition. The Company strongly denies any involvement in these activities and wishes to remind shareholders and potential investors that it does not authorize or condone the dissemination of misleading or false information about the Company.
Regulatory Compliance
American Tungsten is committed to full compliance with all applicable securities laws and regulations, including those related to disclosure and promotional activities. The Company encourages all shareholders and potential investors to rely only on information that is disclosed through official filings made with regulatory authorities or disclosed through the Company’s press releases and other public announcements.
Effect on Individual Investors
Individual investors should be aware that promotional activities, particularly those that make unrealistic or unsubstantiated claims, may be intended to manipulate stock prices. Such activities can result in significant financial losses for investors. It is important for investors to carefully research any investment opportunity before making a decision, and to rely on credible sources of information.
Effect on the World
The impact of this situation on the world at large may depend on the extent and reach of the promotional activities in question. In general, such activities can undermine investor confidence and harm the reputation of the companies and markets involved. It is essential for companies and regulatory bodies to take swift action to address any misleading or false information and to protect the integrity of financial markets.
Conclusion
American Tungsten Corp. remains committed to transparency and regulatory compliance, and will continue to provide updates to its shareholders and the investing public as appropriate. The Company strongly advises investors to exercise caution when considering any investment opportunity and to rely only on credible sources of information. American Tungsten is confident in its business fundamentals and its long-term growth prospects and remains focused on delivering value to its shareholders.
- American Tungsten Corp. has received a request from OTC Markets to address recent promotional activities concerning its common shares.
- The promotional activities may be misleading or contain false or misrepresentative statements about the Company.
- Individual investors should exercise caution and rely only on credible sources of information.
- The Company remains committed to transparency and regulatory compliance.
- The impact on the world may depend on the extent and reach of the promotional activities.
