Antimony Resources Corp. (ATMY) (ATMYF) (K8J0) Arranges CAN$10 Million Financing
Newsfile·2025-11-26 13:00

Group 1 - Antimony Resources Corp. announced a private placement financing of up to 22,250,000 Units at a price of CAN$0.45 per Unit, aiming for gross proceeds of up to CAN$10,012,500 [1] - Each Unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of CAN$0.75 for 24 months [1] - The net proceeds from the Offering will be allocated for exploration, development activities, and general working capital [1] Group 2 - Dominari Securities LLC and Revere Securities LLC have been retained as joint placement agents for the financing, with an 8% cash fee and 8% in broker warrants [2] - Dominari Securities LLC focuses on capitalizing on emerging trends in financial services and identifying early-stage opportunities for high returns [3] - Revere Securities LLC has a long-standing reputation for providing trusted guidance and executing significant transactions, serving various clients including corporations and high-net-worth individuals [4] Group 3 - Antimony Resources Corp. is focused exclusively on antimony exploration and development, aiming to become a significant North American producer [5] - The Bald Hill Antimony Project in New Brunswick, Canada, is a high-grade antimony deposit with excellent infrastructure and significant mineralization [8] - The 2025 NI-43-101 Technical Report estimates the potential quantity and grade of the drilled area to be around 2,700,000 tonnes grading 3.0% to 4.0% antimony, equating to approximately 81,000 to 108,000 tonnes of contained antimony [8]