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American Tungsten and Antimony Ltd (ASX:AT4)

ALERT: Price-sensitive ASX Announcement for AT4
Current share price for AT4 : $0.066 0.03 (83.33%)+
Announcement
Release
30 Jun 2026 5:56PM
Price at Release
$0.036
Full Release
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Summary
American Tungsten & Antimony Ltd has announced an underwriting agreement with GBA Capital Pty Ltd to underwrite the exercise of up to 69,179,253 AT4N options, each priced at $0.03, expiring on 30 June 2026. The Underwriter will purchase any unexercised options, with a management fee of 2.0% and an underwriting fee of 4.0% on the underwritten amount. Option holders are required to exercise their options by the expiry date. The company is focused on developing critical mineral resources in the US, with projects including the Antimony Canyon Project in Utah and several tungsten projects across Utah and Nevada. The aim is to become a leading supplier to Western economies.
Key Points
  • Underwriting agreement with GBA Capital Pty Ltd for AT4N options.
  • Options exercisable at $0.03, expiring 30 June 2026.
  • Underwriter to subscribe for unexercised options.
  • Management fee of 2.0% and underwriting fee of 4.0% payable.
  • Option holders must exercise options by 30 June 2026.
  • Company advancing critical mineral development in the US.
  • Portfolio includes Antimony Canyon Project and tungsten projects.
  • Strategic vision to supply Western economies with critical minerals.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.