United States Antimony Corporation Announces $25 Million Registered Direct Offering of Common Stock Priced Above Market Under NYSE Rules

Rhea-AI Summary

United States Antimony Corporation (NYSE:UAMY) announced a registered direct offering expected to raise approximately $25 million through the sale of 2,377,657 shares of common stock to a long-only mutual fund, with closing expected on or about October 14, 2025.

The company said net proceeds will be used to buy additional inventory, expand leasehold positions in Alaska and Montana, potentially increase capacity at the Madero smelter, pursue acquisitions, and for general working capital. Titan Partners Group is sole placement agent. The offering is being made under an effective Form S-3 shelf registration declared effective April 24, 2025.

Positive

• Registered direct offering to raise approximately $25 million
• Sale to a long-only mutual fund adds a large institutional investor
• Company raised a total of $69.25 million in three tranches over the last 45 days
• Offerings completed with minimal or no discounts to market

Negative

• Offering consists of 2,377,657 new shares issued, increasing share count
• Placement agent commissions and offering expenses will reduce net proceeds
• Closing subject to customary conditions; expected close date is Oct 14, 2025

Insights

Capital Markets Strategist

Registered direct sale of 2,377,657 shares raises ~$25 million, adding liquidity and institutional backing.

The transaction brings immediate cash and a long-only institutional investor onto the register, increasing the company’s near-term flexibility to buy inventory, expand leaseholds in Alaska and Montana, and pursue capacity or M&A moves. The use of an effective Form S-3 shelf, placement via Titan Partners Group, and reported closings at increasing prices suggest orderly execution and investor appetite.

Key dependencies and risks include share dilution from 2,377,657 new shares and customary closing conditions ahead of the expected October 14, 2025 close. Watch for the final prospectus supplement filing and the net proceeds after placement fees to confirm the exact cash available; near-term liquidity is improved but investor dilution and timing of deployment matter over the next 3-12 months.

Mining & Operations Financial Analyst

Proceeds earmarked for inventory, leasehold expansion, smelter capacity, and potential acquisitions, improving operational optionality.

Allocating proceeds to antimony and other critical-mineral inventory plus leasehold expansion directly supports production scaling and upstream control. A stated possibility to increase Madero Smelter capacity and pursue acquisitions links the capital raise to capacity and growth options rather than only covering working capital.

Execution risk hinges on how quickly the company converts cash into productive assets and whether acquisition targets or capacity projects meet cost and timeline expectations. Monitor capital deployment milestones, any material change to planned uses, and filings that disclose placement agent fees and net proceeds over the next 3 to 12 months.

"The Critical Minerals and ZEO Company"

~ Antimony, Cobalt, Tungsten, and Zeolite ~

DALLAS, TEXAS / ACCESS Newswire / October 10, 2025 / United States Antimony Corporation ("USAC," "US Antimony," or the "Company"), (NYSE American:UAMY)(NYSE Texas:UAMY), a leading producer and processor of antimony, zeolite, and other critical minerals, today announced that it has entered into a securities purchase agreement with a leading long-only mutual fund for aggregate proceeds of approximately $25 million.

The Company intends to use the net proceeds from this financing on a number of different objectives. A combination of acquiring additional antimony and other critical mineral inventory, expanding our leasehold mineral positions in both Alaska and Montana, potentially increasing capacity at the Madero Smelter, pursuing acquisitions of other critical mineral companies, and for general working capital purposes.

Commenting on this new equity capital raise, Mr. Gary C. Evans, Chairman and Chief Executive Officer of United States Antimony Corporation stated, "We have now raised a total of $69.25 million in three separate tranches with two large institutions over the last 45 days at increasingly higher share prices. While we have not solicited these institutions, we have attempted to take advantage of the opportunity in the best way possible for the benefit of our shareholders. These capital raises have been completed with minimal or no discounts to market. This practice has allowed us to strategically bring large institutional fundamental investors into our Company's shareholder base."

The purchase agreement of 2,377,657 shares of common stock provides aggregate gross proceeds of approximately $25 million, before deducting placement agent commissions and other offering expenses. The offering is expected to close on or about October 14, 2025, subject to the satisfaction of customary closing conditions.

Titan Partners Group, a division of American Capital Partners, is acting as the sole placement agent for the Offering.

This offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-284057) which was declared effective by the Securities and Exchange Commission (the "SEC") on April 24, 2025. The offering is made only by means of a prospectus which is part of the effective registration statement. A final prospectus supplement and the accompanying prospectus relating to the registered direct offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov. Additionally, when available, electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, from Titan Partners Group LLC, a division of American Capital Partners, 4 World Trade Center, 49^th Floor, New York, NY 10007, or by telephone at 929-833-1246, or by email at prospectus@titanpartnersgrp.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About USAC:

United States Antimony Corporation and its subsidiaries in the U.S., Mexico, and Canada ("USAC," "U.S. Antimony," the "Company," "Our," "Us," or "We") sell antimony, zeolite, and precious metals primarily in the U.S. and Canada. The Company processes third party ore primarily into antimony oxide, antimony metal, antimony trisulfide, and precious metals at its facilities located in Montana and Mexico. Antimony oxide is used to form a flame-retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper, as a color fastener in paint, and as a phosphorescent agent in fluorescent light bulbs. Antimony metal is used in bearings, storage batteries, and ordnance. Antimony trisulfide is used as a primer in ammunition. The Company also recovers precious metals, primarily gold and silver, at its Montana facility from third party ore. At its Bear River Zeolite ("BRZ") facility located in Idaho, the Company mines and processes zeolite, a group of industrial minerals used in water filtration, sewage treatment, nuclear waste and other environmental cleanup, odor control, gas separation, animal nutrition, soil amendment and fertilizer, and other miscellaneous applications. During 2024 and 2025, the Company began acquiring mining claims and leases located in Montana, Alaska and Ontario, Canada in an effort to expand its operations as well as its product offerings.

About Titan Partners

Titan Partners Group, a division of American Capital Partners, is a boutique investment bank specializing in tailored solutions for publicly traded emerging growth companies. Titan Partners combines expertise, trust, dedication, and a forward-thinking approach to help clients achieve their strategic capital needs.

Safe Harbor Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Serve intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Exchange Act. These forward-looking statements can be about future events, including statements regarding the expected closing of the offering and the anticipated use of proceeds. The words "anticipate", "believe", "expect", "project", "predict", "will", "forecast", "estimate", "likely", "intend", "outlook", "should", "could", "may", "target", "plan" and other similar expressions can generally be used to identify forward-looking statements. Indications of, and guidance or outlook on, future earnings or financial position or performance are also forward-looking statements. Any forward-looking statements in this press release are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. Risks that contribute to the uncertain nature of the forward-looking statements include those risks and uncertainties set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, filed with the United States Securities and Exchange Commission (the "SEC") and in its subsequent filings filed with the SEC. All forward-looking statements contained in this press release speak only as of the date on which they were made. US Antimony undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

Contact:

United States Antimony Corp.
4438 W. Lovers Lane, Unit 100
Dallas, TX 75209
Jonathan Miller, VP, Investor Relations
E-Mail: Jmiller@usantimony.com
406-606-4117

Titan Partners Contact:

info@titanpartnersgrp.com
4 World Trade Center, 49th Floor
New York, NY 10007
(929) 833-1246
www.titanpartnersgrp.com

SOURCE: United States Antimony Corp.

View the original press release on ACCESS Newswire

FAQ

What is United States Antimony's (UAMY) October 10, 2025 registered direct offering?

UAMY entered a purchase agreement to sell 2,377,657 shares for aggregate gross proceeds of about $25 million, expected to close on or about October 14, 2025.

How does UAMY plan to use the $25 million from the offering?

The company said proceeds will target inventory purchases, expanding Alaska and Montana leaseholds, possible Madero smelter capacity increases, acquisition pursuits, and general working capital.

Who is the placement agent and how was the offering registered for UAMY?

Titan Partners Group acted as sole placement agent and the offering is made under an effective Form S-3 shelf registration declared effective April 24, 2025.

What institutional support did UAMY report with this financing?

UAMY said the sale was to a leading long-only mutual fund and that it raised a total of $69.25 million from two large institutions in three tranches over 45 days.

Will the offering dilute existing UAMY shareholders?

The offering will issue 2,377,657 new shares, which increases the company’s outstanding share count and affects ownership percentages.

When will investors see the final prospectus for the UAMY offering?

A final prospectus supplement and accompanying prospectus will be filed with the SEC and available on www.sec.gov when posted.