Cove Kaz drops merger, secures $32M investment for Kazakhstan tungsten projects

Cove Kaz terminated its merger with Skyline Builders and secured a $32 million investment commitment from American Ventures. The company plans to list on a U.S. stock exchange in H1 2027 to fund its Northern Katpar and Upper Kairakty tungsten projects in Kazakhstan.

“The additional capital will fund engineering and construction-related work to shorten our time to production.”timesca.com

• 1 source
• timesca.comDeveloper of Kazakhstan Tungsten Projects Drops Merger and Plans U.S. Listing - The Times Of Central AsiaNov 3, 2026

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