Antimony Resources Plans CA$3 Million Private Placement

04:45 PM EDT, 10/15/2026 (MT Newswires) -- Antimony Resources (ATMY.CN) after the market close on Thursday said it plans to raise up to CA$3 million through a non-brokered private placement. The company plans to issue up to 10 million units at CA$0.30 each. Each unit will consist of one common share and one-half of a common share purchase warrant. Each whole warrant will be exercisable for one common share at CA$0.50 for two years following the closing of the offering. Antimony Resources said it plans to use the net proceeds to fund exploration and development at its Bald Hill Antimony project and for general working capital purposes. Shares of the company closed down CA$0.01 at CA$0.30 on Canadian Securities Exchange on Thursday.