Original News Release
Antimony Resources closes first tranche of financing
Mr. Jim Atkinson reports
ANTIMONY RESOURCES CORP. (ATMY) (ATMYF) (K8J0) CLOSES FIRST TRANCHE OF FINANCING
Antimony Resources Corp. has closed the first tranche of its previously announced private placement financing. The company issued a total of 21,020,298 units of the company at a price of 45 cents per unit for gross proceeds to the company of $9,459,134.10. Each unit consists of one common share in the capital of the company and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share at an exercise price of 75 cents for a period of 24 months from the issuance thereof. In addition to being subject to statutory and Canadian Securities Exchange four-month hold periods, all units issued will be restricted from trading until June 29, 2026. The net proceeds received from the offering will be used by the company for exploration and development activities and general working capital.
Dominari Securities LLC and Revere Securities LLC acted as joint placement agents for the financing. The company paid a total commission of $756,730.73 in cash and issued a total of 1,681,623 broker warrants. The broker warrants are exercisable at 75 cents for a period of 24 months from closing and are restricted from trading until June 29, 2026.
Jim Atkinson, chief executive officer and president of Antimony Resources, commented: "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. These China restrictions have intensified market volatility driving prices to all-time highs. Antimony is essential for the military. Our goal is to develop our Bald Hill antimony deposit and become a major supplier of antimony for North America."
About Dominari Securities LLC
Based in New York, Dominari Securities is a dynamic, forward-thinking financial services company that seeks to create wealth for all stakeholders by capitalizing on emerging trends in the financial services sector and identifying early-stage future opportunities that are expected to generate a high rate of return for investors. Dominari Securities is a member of FINRA, MSRB and SIPC.
About Revere Securities LLC
Established in 1983, Revere Securities has built a reputation for trusted guidance, disciplined execution and enduring client relationships. From its offices in New York, Boca Raton and Boston, Revere Securities serves corporations, institutional investors and high-net-worth individuals with a focus on long-term value creation. Revere Securities' professionals have advised on and executed billions of dollars in transactions, leveraging deep market insight and extensive industry relationships to help clients achieve their strategic and financial objectives.
About Antimony Resources Corp.
Antimony Resources is a 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.
The company is developing the Bald Hill antimony project, located in New Brunswick, Canada.
Bald Hill antimony project highlights:
Bald Hill is a high-grade antimony deposit in southern New Brunswick;
Excellent infrastructure, including roads, power and a deepsea port 45 kilometres away;
Past and current work, including drilling, has outlined an antimony deposit over 700 metres long as part of a much longer zone of breccia;
Widths of mineralization average three to four metres and average grades range between 3 per cent and 4 per cent antimony;
2025 National Instrument 43-101 technical report: potential quantity and grade of the drilled area, which is the target of the company's exploration, is in the 2.7-million-tonne range grading 3.0 per cent to 4.0 per cent Sb (approximately 81,000 to 108,000 tonnes contained antimony) (1). It should be noted that Antimony Resources has not completed enough work to determine a resource for the Bald Hill antimony project. The stated potential is conceptual in nature and it is not known if the project will be economic;
Potential to expand based on additional known targets.
(1) "National Instrument 43-101 Technical Report: Bald Hill Antimony Project, Southern New Brunswick, Canada, NTS 21G/09," prepared for Antimony Resources, Oct. 28, 2025, prepared by John Langton, MSc, PGeo, JPL GeoServices, Fredericton, N.B., Canada.
The technical contents of this news release were reviewed and approved by Jim Atkinson, MSc, PGeo, who is a qualified person as defined by National Instrument 43-101.
We seek Safe Harbor.
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