Tungsten Mining director restructures shareholdings with no change in overall stake

Tungsten Mining NL ( (AU:TGN) ) has issued an update.

Tungsten Mining NL has reported a change in director Teck Siong Wong’s interests following an internal off‑market transfer of 4,000,000 fully paid ordinary shares. The transaction shifted Wong’s holdings from a direct stake to an indirect stake via his controlled entity Teck Resources Pty Ltd, leaving his total relevant interest in the company’s securities unchanged.

After the transfer, Wong now holds 2,000,000 shares directly, 4,000,000 shares indirectly through Teck Resources, and 6,000,000 performance rights indirectly through Affinity (Aus) Pty Ltd. The company confirmed the move involved nil consideration, did not occur during a closed trading period, and does not alter Wong’s overall economic exposure or voting influence in Tungsten Mining.

More about Tungsten Mining NL

Tungsten Mining NL is an ASX-listed resources company focused on the exploration and development of tungsten assets in Australia. The company’s activities center on securing and advancing strategic mineral resources to support industrial and technology markets that rely on tungsten supply.

Average Trading Volume: 3,744,934

Technical Sentiment Signal: Buy

Current Market Cap: A$363M

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