FAQ: United States Antimony Corporation's $25 Million Securities Purchase Agreement
Summary
United States Antimony Corporation has raised $25 million through a securities purchase agreement with a leading mutual fund to support inventory expansion, leasehold acquisitions, capacity increases, and general working capital. This represents the third major institutional investment in the company within 45 days, totaling $69.25 million at progressively higher share prices.
What is the main announcement in this content?
United States Antimony Corporation has entered into a securities purchase agreement with a leading long-only mutual fund for approximately $25 million in gross proceeds to support various business initiatives.
How will the $25 million in funding be used?
The funds will support inventory expansion, additional leasehold acquisitions in Alaska and Montana, potential capacity increases at the Madero Smelter, strategic acquisitions, and general working capital.
Who is involved in this securities purchase agreement?
The agreement involves United States Antimony Corporation and a leading long-only mutual fund, with Titan Partners Group (a division of American Capital Partners) acting as sole placement agent for the offering.
When is the offering expected to close?
The offering is expected to close on or about October 14, 2025.
What is the significance of this funding round in the context of recent company financing?
This represents the third tranche of funding in 45 days, bringing the total raised to $69.25 million from two major institutions at progressively higher share prices, strengthening the company’s institutional shareholder base.
What products does United States Antimony Corporation produce and sell?
The company sells antimony, zeolite, and precious metals, processing third-party ore into antimony oxide, antimony metal, antimony trisulfide, and precious metals at its facilities in Montana and Mexico.
Where are the company’s operations and expansion activities located?
The company has facilities in Montana, Mexico, and Idaho, and is acquiring mining claims and leases in Montana, Alaska, and Ontario, Canada to expand operations and product offerings.
What are the primary applications of the company’s products?
Antimony oxide is used for flame-retardant systems in various materials and as a color fastener in paint; antimony metal is used in bearings, batteries, and ordnance; antimony trisulfide is used in ammunition primers; and zeolite is used in water filtration, environmental cleanup, and agricultural applications.
Where can I find more information about United States Antimony Corporation?
For more information, visit https://www.usantimony.com/ or view the full press release at https://ibn.fm/EQyvC
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