Mr. Jim Atkinson reports
ANTIMONY RESOURCES CORP. (ATMY) (ATMYF) (K8J0) ANNOUNCES FINANCING
Antimony Resources Corp. has arranged a non-brokered private placement financing under the listed issuer financing exemption (as defined below), whereby the company intends to raise up to $3-million through an offering of up to 10 million units of the company to be priced at 30 cents per unit. The securities offered under the listed issuer financing exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.
Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share of the company at an exercise price of 50 cents per common share for a period of two years following the completion of the offering.
The company intends to use the net proceeds of the offering to finance exploration and development activities on its Bald Hill antimony project, as well as for general working capital purposes. Finders' fees may be payable in accordance with the policies of the Canadian Securities Exchange.
The offering is scheduled to close on or about Oct. 21, 2026, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106, Prospectus Exemptions, the offering is being made to purchasers resident in Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106. The securities offered under the listed issuer financing exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.
There is an offering document related to this offering that can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective investors should read this offering document before making an investment decision.
About Antimony Resources Corp.
Antimony Resources is a exploration and development company focused exclusively on antimony. The company's management team possesses extensive experience in financing, exploration, development and mining. The company is focused on becoming a significant North American producer of antimony.
We seek Safe Harbor.
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