BRIEF-American Tungsten & Antimony Says To Spin Out Drummond, NSW Assets Into Separate ASX Listing

Reuters
Dec 23, 2025
BRIEF-<a href="https://laohu8.com/S/DEMRF">American Tungsten</a> & Antimony Says To Spin Out Drummond, NSW Assets Into Separate ASX Listing

Dec 23 (Reuters) - American Tungsten & Antimony Ltd AT4.AX:

  • TO SPIN OUT DRUMMOND AND NSW ASSETS INTO SEPARATE ASX LISTING

  • NEW LISTED COMPANY TO BE NAMED KING METALS

  • AS PART OF IPO, KING METALS INTENDS TO RAISE BETWEEN A$4.5 MILLION AND A$6 MILLION (BEFORE COSTS)

  • IPO AT ISSUE PRICE OF A$0.20 PER SHARE

  • TIMOTHY MORRISON TO LEAD KING AS NON-EXECUTIVE CHAIRMAN

Further company coverage: AT4.AX

((Reuters.Briefs@thomsonreuters.com;))

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