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Antimony Resources Raises CA$3 Million Via Non-Brokered Private Placement Financing

Antimony Resources Raises CA$3 Million Via Non-Brokered Private Placement Financing

MT newswireMT newswire2026/10/23 15:38
11:38 AM EDT, 10/23/2026 (MT Newswires) -- Antimony Resources (ATMY.CN) raised gross proceeds of CA$3 million through a non-brokered private placement financing, it said Friday. The company issued 10-million units at CA$0.30 each under the listed issuer financing exemption, said the company. Each unit is made up of a share and one-half of a warrant, with each whole warrant entitling the holder to buy a share at an exercise price of CA$0.50 per share on or before Oct. 23, 2028, it added. The company will use the net proceeds to fund exploration and development activities on its Bald Hill Antimony Project, as well as for general working capital purposes, added Antimony Resources. Shares of the company were last seen down CA$0.005 at CA$0.285 on the Canadian Securities Exchange. Price: 0.29, Change: -0.01, Percent Change: -1.72
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