United States Antimony Gets Second Antimony Supply Contract; Files $100 Million Shelf

MT Newswires Live
2024-12-30

United States Antimony (UAMY) said Monday it has signed a second contract for an additional supply of antimony ore.

The company said that the first new inbound global shipments will come from Thailand and will comprise 50 wet metric tons, or two full containers. The containers are expected to arrive at Mexico's port of Manzanillo starting in March 2025 and will be delivered to the company's Madero smelter, which is also in Mexico, United States Antimony said.

United States Antimony also said that it filed a universal shelf registration statement Friday with the US Securities and Exchange Commission to replace its $25 million universal shelf registration statement that will expire next month.

The company said it has no specific plans to issue securities under the new registration statement, but it will be able to offer and sell up to $100 million of securities from time to time when the registration statement is declared effective by the SEC.

The securities include senior subordinated or convertible debt securities, warrants, units, common and preferred shares, or any combination of those, it said.

Price: 1.79, Change: -0.13, Percent Change: -6.77

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