Key Developments: United States Antimony Corp (UAMY.A)
1.35USD
23 May 2013
$0.08 (+6.30%)
$1.27
$1.26
$1.36
$1.26
13,490
16,015
$4.94
$1.11
Latest Key Developments (Source: Significant Developments)
United States Antimony Corp Begins Mining and Milling At Los Juarez
United States Antimony Corp announced that it has begun mining and milling disseminated antimony, silver, and gold, and mineralized rock from its Los Juarez, Mexico property. Full Article
United States Antimony Corp. Closes Private Placement Of $2,205,000
United States Antimony Corp. announced the closing of a private placement of its equity securities for gross proceeds of $2,205,000. The transaction involved the sale of 1,102,500 newly issued shares of United States Antimony Corp.’s common stock at the price of $2.00 per share and warrants to purchase an additional 1,102,500 shares of the Company’s common stock at an exercise price of $2.50 per share. The warrants expire two years from the issue date. Proceeds from this financing will be used for capacity expansion purposes in the Company’s Mexico operations. The securities offered by the Company have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. Full Article
United States Antimony Corp. Executed Definitive Agreement with Investors for $2,205,000 Raise
United States Antimony Corp. announced that it has executed definitive agreements with institutional and accredited investors for gross proceeds of $2,205,000 in connection with the Company’s private placement of common stock and warrants. The transaction involves the sale of 1,102,500 newly-issued shares of the Company’s common stock at the price of $2.00 per share and warrants to purchase an additional 1,102,500 shares of the Company’s common stock at $2.50 per share. The transaction will close pending satisfaction of certain closing procedures. Proceeds from this financing will be used for capacity expansion purposes. Global Hunter Securities LLC acted as the sole placement agent in the transaction. Stoel Rives LLP served as legal advisor to United States Antimony Corp. in the transaction. Full Article
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