Antimony Resources Closes Order Book of Non-Brokered Private Placement Financing

02:19 PM EDT, 10/16/2026 (MT Newswires) -- Antimony Resources (ATMY.CN) closed its order book of the non-brokered private placement financing under the Listed Issuer Financing Exemption, under which it plans to raise up to CA$3 million, it said Friday. The offering is expected to include up to 10-million units of the company to be priced at CA$0.30 each, said the company. The offering has been fully subscribed with one strategic mining investor, it added. Each unit will be made up of a share and one-half of a two-year warrant, with each whole warrant entitling the holder to buy a share at an exercise price of CA$0.50 per share, said the company. The company plans to use the net proceeds to fund exploration and development activities on its Bald Hill Antimony Project, as well as for general working capital purposes, it added. The offering, scheduled to close on or about Oct. 21, is subject to certain conditions, added Antimony Resources. Shares of the company were last seen up CA$0.02, or 6.6%, at CA$0.32 on the Canadian Securities Exchange. Price: 0.32, Change: +0.02, Percent Change: +6.67