Antimony Resources Corp. (ATMY) (ATMYF) (K8J0) Closes First Tranche of Financing

Executive Summary

• Antimony Resources Corp. closed the first tranche of its private placement, issuing 21,020,298 Units at CAN $0.45 per Unit for gross proceeds of CAN $9,459,134.10.
• Each Unit includes one common share and one warrant (exercise price CAN $0.75, 24‑month term); broker warrants were also issued with similar terms.
• Net proceeds will be used to fund exploration and development of the Bald Hill Antimony Project and for general working capital.

Key Details

• Units Issued: 21,020,298 Units (each = 1 common share + 1 warrant).
• Pricing: CAN $0.45 per Unit; gross proceeds of CAN $9,459,134.10.
• Warrant Terms: Exercise price CAN $0.75; exercisable for 24 months from issuance.
• Lock‑up: All Units subject to statutory and CSE 4‑month hold periods; trading restricted until June 29 2026.
• Broker Compensation: Cash commission of CAN $756,730.73 plus issuance of 1,681,623 broker warrants (same exercise price and term as investor warrants).
• Placement Agents: Dominari Securities LLC and Revere Securities LLC acted as joint placement agents.
• Use of Proceeds: Exploration and development activities at the Bald Hill Antimony Project; general working capital.
• CEO Quote: Jim Atkinson highlighted strong global antimony demand, China export restrictions driving price highs, and the company’s goal to become a major North American supplier.

Notable Quotes

“We are pleased to have new investors from the United States join our share registry and thank our existing shareholders for their continued support. Global demand for Antimony is at all‑time highs with China export restrictions… Our goal is to develop our Bald Hill Antimony deposit and become a major supplier of Antimony for North America.” – Jim Atkinson, CEO & President

Materiality Assessment: Material – Positive (significant financing that enables continued project development).