Mr. Jim Atkinson reports

ANTIMONY RESOURCES CORP. (ATMY) (ATMYF) (K8J0) ANNOUNCES CLOSING OF ORDER BOOK FOR FINANCING

Antimony Resources Corp. has closed its order book of the 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.

The offering has been fully subscribed with one strategic mining investor.

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.

Bald Hill antimony project -- a project with significant antimony potential

Highlights

• Bald Hill is a well-known, high-grade antimony deposit in southern New Brunswick, Canada.
• Assays indicate that Bald Hill is the highest-grade antimony deposit in North America with mineable grades and widths indicated by drilling.
• Drilling has outlined an antimony deposit in the Main zone over 600 metres long and to a depth of at least 350 metres. The mineralization is open in all directions.
• Widths of mineralization average four to five metres and grades average 3 per cent to 4 per cent antimony.
• National Instrument 43-101 technical report: The estimated potential quantity and grade of the drilled area from the 2025 technical report, which is the target of the company's exploration, is reported in the technical reports approximately 2.7 million tonnes with a grade between 3 per cent and 4 per cent antimony. For more details on the potential of the project as described by the author of the technical report please consult the National Instrument 43-101, which has been filed on SEDAR+. Antimony Resources has not completed enough work to confirm this estimate. The potential quantity and grade are conceptual in nature as there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.
• Potential to expand based on recently discovered targets and additional claims added to the property to the west, south and east.
• New zones outlined by soil sampling approximately three kilometres south of the Main zone on the newly acquired Second Run claim.

The technical contents of this news release were reviewed and approved by Jim Atkinson, MSc, PGeo, president and chief executive officer of Antimony Resources, who is a qualified person as defined by National Instrument 43-101.

About Antimony Resources Corp.

Antimony Resources is an 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.

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