Acquiring Company
American Tungsten & Antimony
Acquired Company
Nexus Metals
Description
American Tungsten & Antimony is acquiring Nexus Metals' Del Sol refinery in Nevada and the White Spar Antimony Mine in Arizona for US$3 million cash plus shares. This acquisition is part of AT4's strategy to enhance US supply chains for critical minerals and strengthen domestic production capabilities. The deal is conditional on various approvals and includes potential milestone payments.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Nexus Metals?
Nexus Metals was acquired by American Tungsten & Antimony, based in Vancouver. The deal was reported on July 28, 2026. American Tungsten & Antimony focuses on the exploration and development of antimony and tungsten projects in the US. The company aims to build a domestic supply chain for critical minerals. American Tungsten & Antimony is publicly traded (TUNGF) and operates in Other.
When did American Tungsten & Antimony acquire Nexus Metals?
American Tungsten & Antimony's acquisition of Nexus Metals was reported on July 28, 2026. American Tungsten & Antimony is acquiring Nexus Metals' Del Sol refinery in Nevada and the White Spar Antimony Mine in Arizona for US$3 million cash plus shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Nexus Metals do?
Nexus Metals is involved in the mining and metallurgy sector. They own critical mineral assets such as the Del Sol refinery and White Spar Antimony Mine. The company is working with AT4 on the share sale and purchase agreement for the acquisition. It is privately held, operating in Manufacturing.