Trigg Minerals (ASX:TMG) has proposed to change its name to American Antimony and Tungsten, to reflect the group’s focus on its US projects.
A special resolution to approve the name change will be put to shareholders at the company’s annual general meeting, intended to be held in November 2025.
Managing Director Andre Booyzen says over the past 12 months, the company has embarked on a new focus and direction which led the company to acquire two new US critical mineral projects – Antimony Canyon and Tennessee Mountain.
“Our proposed name change aims to better convey what our company is focused on and where our projects are located and reflect and recognise the transformation of our company,” Booyzen says.
Trigg, which has a market capitalisation of $89.93 million, says the name change also reflects the company’s strategic goal of becoming a diversified critical minerals and defence metals company aligned with US national security interests and US Government procurement objectives.
Antimony and tungsten are both critical minerals that have seen an increase in price and interest over the past 12 months due to global market dynamics and geopolitics.
Write to Aaliyah Rogan at Mining.com.au
Images: Trigg Minerals
