United States Antimony Stock Price, News & Analysis

United States Antimony Corporation (NYSE American: UAMY) announced the appointment of Christopher Park as an additional director effective June 23, 2021. With extensive experience in financial management within the mining sector, Park's expertise fulfills SEC requirements for a financial expert on the board. The company reports increased production and sales of antimony, driven by high prices and strategic hiring. Additionally, improvements at the Madero smelter aim to enhance production efficiency. However, labor availability remains a challenge at its Montana plant.

US Antimony has entered into a Collaboration Agreement with Perpetua Resources to explore the feasibility of processing antimony concentrates at US Antimony's facilities. This partnership aims to establish the only domestically mined and refined antimony products, leveraging the proximity of Perpetua's Stibnite Gold project in Idaho. US Antimony plans to evaluate samples from Perpetua to develop efficient processing techniques for separating precious metals from antimony, potentially enhancing US Antimony's output of antimony, gold, and silver.

United States Antimony Corporation (NYSE American: UAMY) will hold an investor call on April 7, 2021, at 4:15 PM EDT to discuss its 2020 10K results. Interested parties can join by dialing the toll-free number 1-800-367-2403 or the international number 1-334-777-6978. A remote replay will be available for seven days. The press release also includes a caution regarding forward-looking statements, emphasizing that actual results may differ due to various factors and uncertainties.

United States Antimony Corporation (NYSE AMERICAN:UAMY) received a Warning Letter from NYSE Regulation on February 18, 2021, due to rule violations regarding stock sales. The company sold a total of 26,290,000 shares without prior approval, which constituted approximately 34.4% of its outstanding stock. This included a sale of 15,300,000 shares at $0.70 per share and another of 10,990,000 shares at $1.30 per share. Trading has been halted since February 17, 2021, but is expected to resume after the press release is filed and a Current Report is submitted.

United States Antimony Corporation (NYSE:UAMY) announced the closing of a registered direct offering with institutional investors, raising approximately $14.3 million in gross proceeds. After fees, the net proceeds total $13.3 million. The company plans to allocate these funds for general corporate purposes, including infrastructure improvements at its operations in Mexico and Montana, a geochemical program at its Los Juarez property, and to retire some debt. The offering was facilitated by Roth Capital Partners.

United States Antimony Corporation (NYSE AMERICAN:UAMY) has announced a registered direct offering of 10,990,000 shares of common stock at $1.30 per share, projected to generate approximately $14.3 million in gross proceeds before fees. Roth Capital Partners serves as the sole placement agent for this offering, expected to close around February 16, 2021, pending customary conditions. The offering relies on a previously effective shelf registration statement, and details will be available via a prospectus supplement filed with the SEC.

US Antimony Corp. has released drill results from its Phase I exploration at the Los Juarez project in Queretaro, Mexico. The 1100-meter drill program, involving 25 holes, showed significant gold intercepts, particularly in the Puerta de Oro region and nearby Minas Grande area. Correlations between silver, gold, and antimony values were noted. The results indicate high geochemical anomalies that warrant further geological study. The company plans to allocate budget for additional geological mapping and geophysical studies prior to more drilling.

United States Antimony Corporation (UAMY) will host an investor call on November 16, 2020, at 4:15 PM EDT to discuss the third quarter 2020 10Q report. Investors can join the call using the provided confirmation code 9265728. Toll-free dial-in options are available for both domestic and international participants. A remote replay of the call will also be accessible for seven days. The company encourages participation but notes that the call will include forward-looking statements subject to various uncertainties.

United States Antimony Corporation (UAMY) will hold an investor call at 4:15 PM EDT on August 19, 2020, to discuss its second quarter 2020 financial results as detailed in the 10Q report. Interested participants can join the call using the toll-free number 1-800-367-2403 or international line 1-334-777-6978, with a confirmation code of 2738688. A remote replay will be available for seven days for those unable to attend. The company cautions that forward-looking statements made during the call are based on current expectations and involve risks and uncertainties that may affect actual results.