Leadership Transition: American Tungsten Corp. Adds New Director
American Tungsten Corp. Welcomes New Board Member
American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9) is making notable strides with a recent announcement regarding its board of directors. The Company has appointed Dan Nicholas, a seasoned expert in finance and government policy, to its Board. This decision comes alongside the resignation of Dhanbir Jaswal, whose contributions were invaluable during his time with the Company.
Introducing Dan Nicholas
Mr. Nicholas brings a wealth of experience to American Tungsten. Currently serving as a Senior Advisor to Ernst & Young (EY), he started his journey with the firm in 2021. His main focus has been to assist various clients in navigating funding opportunities directly from federal government sources. Before joining EY, he played a pivotal role in managing a $40 billion investment portfolio as part of the U.S. Department of Energy’s Loan Program Office (LPO), where he oversaw significant investments across energy, infrastructure, and transportation sectors.
His Extensive Background
With over three decades in the finance industry, Mr. Nicholas has held prominent positions at renowned institutions such as Morgan Stanley, Pali Capital, and Salomon Brothers Inc. He successfully launched multiple flagship funds at Morgan Stanley’s Investment Management division. In addition to his finance background, he has served as the Chief Financial Officer for several public companies. His academic journey took him through Cornell University, and he enjoys life between New York City and Washington, D.C.
Impact on American Tungsten
Ali Haji, CEO of American Tungsten, expressed great enthusiasm about Mr. Nicholas joining the Board, highlighting that his rich background in capital markets and government policy will be crucial. This expertise comes at a key moment as the Company aims to advance its IMA Mine Project.
Marketing Initiatives
In addition to board changes, American Tungsten has also initiated a marketing agreement with Alpha Collective Inc., a firm well-respected for its digital marketing capabilities. According to the terms of the agreement, Alpha will receive $30,000 for a service period lasting three months, beginning on May 1, 2025. This partnership reflects the Company's strategic focus on enhancing visibility and outreach.
About American Tungsten Corp.
Formerly known as Demesne Resources Inc., American Tungsten Corp. specializes in acquiring and exploring magnetite mineral properties. The Company's Star Project boasts five contiguous mineral titles, collectively covering about 4,615.75 hectares in British Columbia. An option agreement allows American Tungsten to earn a 100% stake in this project.
Exploring the IMA Mine Project
In tandem with its Star Project, American Tungsten is on course to acquire a complete 100% interest in the IMA Mine Project, a previously operational underground tungsten mine. This acquisition includes 22 patented claims in East Central Idaho, coupled with additional mining rights acquired through staking 113 federal lode mining claims. This strategic expansion marks significant growth for American Tungsten.
Connect with American Tungsten Corp.
American Tungsten is actively engaging its audience through various social media platforms, including LinkedIn, X, Facebook, Instagram, and YouTube. These channels are valuable for shareholders and the public to stay informed about ongoing projects and initiatives.
Frequently Asked Questions
What recent changes occurred in the Board of Directors at American Tungsten?
Dan Nicholas has been appointed to the Board, replacing Dhanbir Jaswal, who resigned.
What is the background of Dan Nicholas?
He is a Senior Advisor at Ernst & Young and has extensive experience in managing investments and government policy.
What new marketing initiatives has American Tungsten engaged in?
The Company has entered into a marketing agreement with Alpha Collective Inc., aiming to enhance its digital presence.
What are American Tungsten's main projects?
The Company is focused on the IMA Mine Project and the Star Project in British Columbia.
How can stakeholders stay updated on American Tungsten's activities?
Stakeholders can follow the Company on its social media platforms such as LinkedIn, X, Facebook, Instagram, and YouTube for the latest updates.
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