Curated News
By: NewsRamp Editorial Staff
February 17, 2026
American Tungsten Gains EXIM Backing, Stonegate Updates Bullish Coverage
TLDR
- American Tungsten Corp secured C$7.0M financing and EXIM interest for up to US$25.5M, creating strategic advantage in domestic tungsten supply with potential non-dilutive funding.
- The company closed a C$7.0M private placement in July 2025, received EXIM letter of interest for US$25.5M, and continues drilling at the IMA Project with technical analysis expected this year.
- Developing domestic tungsten supply through the IMA Project strengthens national security and reduces reliance on foreign sources, contributing to a more resilient industrial future.
- American Tungsten Corp's EXIM interest and ongoing drilling highlight tungsten's critical role in modern technology, from electronics to aerospace applications.
Impact - Why it Matters
This news matters because it highlights the growing strategic importance of domestic critical mineral supply chains, particularly for tungsten, which is essential for defense, aerospace, and high-tech manufacturing. For investors, the EXIM Bank's interest signals reduced project financing risk and potential for non-dilutive capital, which could enhance shareholder value. For the broader economy, successful development of the IMA Project would reduce reliance on foreign tungsten sources, primarily from China, enhancing U.S. supply chain security and supporting domestic industrial and technological competitiveness.
Summary
Stonegate Capital Partners has updated its coverage on American Tungsten Corp., highlighting significant financial and strategic developments for the Canadian-listed mining company. The update reveals that in July 2025, American Tungsten successfully closed an upsized private placement of C$7.0 million, issuing 14.0 million shares to strengthen its balance sheet for accelerated field operations. Management emphasized that the upcoming expiry of trading restrictions on these shares represents a mechanical market unlock rather than additional dilution, a key point for investor confidence. The core message centers on the company's progress at its flagship IMA Project, where ongoing drilling continues to support the high-grade resource potential.
Perhaps the most notable development is the disclosure of a Letter of Interest from the Export-Import Bank of the United States (EXIM) for up to US$25.5 million in potential financing to support the IMA Project's development. Stonegate analysts view this as a critical validation of the project's strategic importance in bolstering domestic tungsten supply chains. This EXIM interest could provide a pathway toward non-dilutive or structured funding, reducing future equity dilution for shareholders. The coverage anticipates a full technical analysis of the IMA Mine Project later this year, which will be crucial for assessing resource estimates and development timelines. To view the full announcement, including downloadable images and detailed information, interested parties can click here via the provided hyperlink.
The key players in this news are American Tungsten Corp., the mining company advancing the IMA Project; Stonegate Capital Partners, the capital markets advisory firm providing the updated equity research and investor relations services; and the Export-Import Bank of the United States (EXIM), a key government agency signaling strategic support. The products and services involved focus on tungsten mining and development, with the IMA Project being the central asset. Stonegate, through its affiliate Stonegate Capital Markets, offers a full spectrum of investment banking services, underscoring its role in facilitating capital market activities for companies like American Tungsten. This update serves as a comprehensive snapshot of the company's financial health, operational progress, and strategic positioning within the critical minerals sector.
Source Statement
This curated news summary relied on content disributed by Reportable. Read the original source here, American Tungsten Gains EXIM Backing, Stonegate Updates Bullish Coverage
