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TNGL (Tonogold Resources, Inc.) is no longer actively trading.
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TNGL does not currently pay a dividend.
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Tonogold Resources, Inc. operates as a junior mining entity, concentrating its efforts on acquiring and managing mineral rights across various sites within Nevada. The company primarily conducts exploration for gold and silver reserves. Its flagship initiative is the Comstock project, strategically located in Storey County, Nevada. Tonogold maintains its corporate headquarters in La Jolla, California.
Uranium American Resources Inc. (OTC:TNGL) earlier this week said it has secured $3.5 million in funding to advance its planned acquisition and development of uranium assets in the western United States. CEO William Hunter told investors that the financing will support the completion of an $8.5 million transaction to acquire JAG Minerals.
Uranium American Resources Inc. (OTC:TNGL) said it has secured a $3.5 million equity investment from a US institutional investor to complete its acquisition of JAG Minerals Pty Ltd. The financing, structured as a unit transaction, was priced at $0.06 per share—representing a significant premium to UAR's current share price—and includes one warrant per share allowing the investor to purchase additional shares at $0.10 for up to 48 months.
Over US$4.0 million of Capital Raised in the last twelve months to advance and complete the previously announced transaction US$3.5 million raised from one US institutional investor at a significant premium to UAR's current share price WOODLAND HILLS, CALIFORNIA / ACCESS Newswire / July 15, 2025 / Uranium American Resources Inc (OTC Pink:TNGL "UAR" or the "Company") is pleased to inform shareholders that it has entered into a binding agreement with one US institutional investor to fund a significant equity investment. This raise will allow the Company to complete the acquisition of 100% of the issued shares of JAG Minerals Pty Ltd which holds 100% of the shares in JAG Minerals US Inc ("JAG US").
With tightening supply, rising prices, and increasing demand for nuclear energy, Uranium American Resources Inc. (OTC:TNGL) is making strategic moves at a critical time for the uranium industry. The company is making a powerful re-entry into the mining world with a bold pivot from gold to uranium.
Uranium American Resources Inc. (OTC:TNGL) formerly known as Tonogold Resources Inc, announced that it has officially rebranded as part of a strategic shift toward uranium and vanadium assets. As part of its transition, Uranium American Resources is acquiring three projects in the western US, targeting areas with historical uranium and vanadium production.