Creating a Leading Western Tungsten Producer

October 2026: Pure Tungsten is undertaking a C$0.80 pre-IPO round to restart our high-grade tunsgten Maykhura mine in Tajikistan. Maykhura complements our Ssangjon tungsten mine in South Korea, which is fully funded and on track to start production in Q4 2026. Pure Tungsten is planning to IPO in H1 2027.

Access details on the investment opportunity below.

Pure Tungsten is advancing toward becoming a major global supplier of tungsten through its merger with GB Innovation Co. Ltd.

The company is preparing to launch two high-impact production assets — the historic Ssangjon Mine in South Korea and the high-grade Maykhura Project in Tajikistan — positioning Pure Tungsten as one of the few emerging producers

outside of China.

Ssangjon Tungsten Mine

South Korea

  • 900 - 1,000 tonnes p.a. tungsten oxide (WO₃) near term production target

  • Estimated 25.9 million tonnes of unmined resource (study by ITS)

  • Fully integrated mine and mill

  • Tier 1 jurisdiction with strong relationship and support from South Korean Government as part of the strategic Critical Minerals Initiative

  • Production restart targeted for Q4 2026

Maykhura Mine

Tajikistan

  • Historic Soviet-era mine, dormant since 1970s, now primed for modern redevelopment

  • Estimated ~2 million tonnes of ore with high WO₃ grades (~1.0%)

  • Previously supplied a third of Stalin’s wartime tungsten

  • Located in a world-class skarn tungsten belt with exceptional grade potential

  • Never modernized — major upside from first full-scale development

  • Strategic asset in a country seeking foreign mining investment

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