Western Star Resources inks deal to acquire The Real American Corp.

Western Star Resources (OTCPK:WSRIF [https://seekingalpha.com/symbol/WSRIF]) has signed a letter of intent to acquire [https://seekingalpha.com/pr/20242641-western-star-signs-letter-of-intent-to-acquire-real-american-corp-advancing-u-s-critical] The Real American Corp, a Nevada-based company has high-grade, past-producing tungsten projects in a major U.S. mining district.

This move is the next step in Western Star's U.S. expansion, following a recently announced Memorandum of Understanding with The Real American.

This acquisition is expected to provide Western Star with key assets in Nevada, expanding its U.S. land holdings and reinforcing its role in advancing America's resource independence.

The planned acquisition positions Western Star to become a significant producer of tungsten, a mineral considered critical to national security by several U.S. government departments.

Real American Corp is a valuable asset due to its tungsten projects, which are crucial for industries like defense, aerospace, and energy. Located in Nevada, these properties are easily accessible and have been under-explored since the 1940s, allowing for potential resource expansion.

Both parties will work to negotiate a definitive agreement in the coming months.

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