QualityStocksNewsBreaks – United States Antimony Corporation (NYSE American: UAMY) (NYSE Texas: UAMY) Raises $25 Million Through Securities Purchase Agreement with Leading Mutual Fund
US Antimony, a producer and processor of antimony, zeolite, and other critical minerals, announced it has entered into a securities purchase agreement with a leading long-only mutual fund for approximately $25 million in gross proceeds. 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. Chairman and CEO Gary C. Evans noted the Company has raised $69.25 million in three tranches over the past 45 days from two major institutions at progressively higher share prices, strengthening its institutional shareholder base. Titan Partners Group, a…
