Vancouver, British Columbia, March 11, 2025 (GLOBE NEWSWIRE) — American Tungsten Corp. (CSE: TUNG) (OTCQB: DEMRF) (FSE: RK9) (“American Tungsten” or the “Company”) announces that it has received a request from OTC Markets Group Inc. (“OTC Markets”) to issue this statement regarding recent promotional activity concerning its common shares (the “Common Shares”) traded on the OTCQB […]
American Tungsten Corp. (CSE: TUNG) (OTCQB: DEMRF) (FSE: RK9) issued a statement on March 11, 2025, in response to an OTC Markets request regarding recent promotional activity concerning its common shares. The promotional activity involved digital marketing materials distributed by Emerging Markets Consulting, LLC (EMC), an arm's-length third-party marketing firm engaged by American Tungsten for $275,000 USD for a three-month term. While the Company acknowledges increased trading volume coinciding with the promotional activity, it does not believe the materials were materially false or misleading and cannot definitively attribute the volume increase to the promotion. An internal inquiry confirmed no directors, officers, control persons, or third-party service providers were involved in creating or distributing the materials beyond EMC's engagement, nor have they traded shares in the past 90 days.
