United States Antimony (UAMY) Enters Into a Securities Purchase Agreement

Core Insights - United States Antimony Corporation (UAMY) is recognized as one of the best mining stocks to buy according to hedge funds, indicating strong institutional interest [1] - The company has entered into a securities purchase agreement that will generate $18 million in proceeds, which will be allocated for working capital, antimony inventory acquisition, and expansion of its mineral position in Alaska [1][2] - UAMY's revenues for the first half of 2025 reached $17.53 million, marking a significant 160% increase compared to the same period in 2024 [2] Financial Developments - The $18 million proceeds from the securities purchase agreement will also be used for potential acquisitions of critical mineral companies and for expanding the Madero Smelter in Mexico beyond its current capacity of 200 tons per month [2] - The substantial revenue growth of 160% from $10.79 million in the first half of 2024 to $17.53 million in the first half of 2025 highlights the company's strong performance [2] Business Operations - United States Antimony Corporation is involved in the production and sale of antimony, zeolite, and precious metals, indicating a diversified portfolio within the mining sector [3]