Antimony receives $1.21-million from warrant exercise

Executive Summary

• Investors exercised 6,104,400 common share purchase warrants for gross proceeds of $1,212,704.
• The proceeds augment the balance sheet following a prior $9.45 million financing and will fund exploration at the Bald Hill antimony project and working capital.
• Bald Hill highlights a high‑grade antimony deposit with an estimated 2.7 Mt at 3–4% Sb (conceptual, NI 43‑101).

Key Details

• Warrant Exercise: 6,104,400 warrants exercised; gross proceeds of $1,212,704 (since Nov. 30 2025).
• Financing Context: Comes after a $9.45 million financing announced Dec. 30 2025.
• Use of Proceeds: Allocation to Bald Hill antimony project exploration and general working capital.
• Project Overview – Bald Hill (New Brunswick, Canada):
• High‑grade antimony deposit; drilling delineates >700 m strike length.
• Mineralized widths average 3–4 m with grades of 3–4% Sb.
• NI 43‑101 technical report estimates ~2.7 Mt at 3–4% Sb (conceptual, not a defined resource).
• Potential for expansion via additional known targets and claim additions.
• Technical Report Reference: “Bald Hill Antimony Project, Southern New Brunswick, Canada, NTS 21G/09,” prepared Oct. 28 2025 by John Langton, MSc, PGeo (JPL GeoServices).
• Qualified Person Review: Technical content reviewed and approved by Jim Atkinson, MSc, PGeo, President & CEO (qualified person per NI 43‑101).

Notable Quotes

(No direct quotes provided in the release.)