Business
Fox Tungsten Announces Appointment of Mark Wellings and Greg Huffman to the Board of Directors and Grants Incentive Stock Options
(TheNewswire)   Vancouver, British Columbia – TheNewswire - April 13, 2026, -...

About this update from Fox Tungsten Ltd.
Fox Tungsten Announces Appointment of Mark Wellings and Greg Huffman to the Board of Directors and Grants Incentive Stock Options (TheNewswire)   Vancouver, British Columbia – TheNewswire - April 13, 2026, - Fox Tungsten Ltd. (TSXV: FOXT) (“Fox Tungsten” or the “Company”) announces that following the resignation of Grant McAdam from the Company’s Board of Directors on March 24, 2026, investment funds managed by Waratah Capital Advisors Ltd. (“Waratah”) have exercised their right to nominate a replacement director. Waratah has nominated Mark Wellings as its representative on the Board, and Mr. Wellings has been appointed as a director of the Company, effective April 13, 2026. Mr. Wellings is a finance professional with over 30 years of international experience in both the mining industry and mining finance sector. Until its recent acquisition by Altius Minerals Corporation, Mr. Wellings was Vice Chair and the Executive Vice President, Technical at Lithium Royalty Corp.  Mr. Wellings is a Professional Engineer and holds a Bachelor of Applied Science in Geological Engineering from the University of Windsor and a Master of Business Administration from the University of Western Ontario. The Company is also pleased to announce the appointment of Greg Huffman as a director of the Company, effective April 13, 2026.   Mr. Huffman has over 20 years of capital market experience in the mining sector, spanning positions in institutional mining equity sales, fund management, and mining equity research. He is currently Senior Vice President, Capital Markets at Magna Mining Inc.  Mr. Huffman holds a B.Sc. in Earth Sciences (Geology) from the Harquail School of Earth Sciences at Laurentian University in Sudbury, Ontario.   The Company has granted stock options to certain of its directors, officers and consultants to purchase up to 1,000,000 common shares. Each option is exercisable to acquire one common share of Fox Tungsten at a price of $0.20 until April 13, 2031. The options will vest in accordance with the Company’s equity incentive plan and are subject to TSX Venture Exchange acceptance.   On behalf of the Board of Directors,   “Stephen Gray”   President and Chief Executive Officer   FOR FURTHER INFORMATION, PLEASE CONTACT: Stephen Gray   Ema...