Business
Antimony Resources Corp. (ATMY) (K8J0) Closes Financing with Strategic Mining Investor
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2025) - Antimony Resources Corp. (CSE: ATMY) (FSE: K8J0) (the "Company" or "ATMY") announces it has closed the private placement financing (the "Offering") announced on July 14, 2025 with a strategic resource Investor. The Company has issued 5,750,000 Common Shares of the Company at a price of C$0.10 per Common Share for gross proceeds of 575,000. The net proceeds received from the Offering will be used ...
About this update from Antimony Resources Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - July 24, 2025) - Antimony Resources Corp. (CSE: ATMY) (FSE: K8J0) (the "Company" or "ATMY") announces it has closed the private placement financing (the "Offering") announced on July 14, 2025 with a strategic resource Investor. The Company has issued 5,750,000 Common Shares of the Company at a price of C$0.10 per Common Share for gross proceeds of 575,000. The net proceeds received from the Offering will be used by the Company for exploration activities and general working capital. The Shares issued will have a 4 month hold. A director of the Company also participated in the financing.","length":669,"tagName":"p"},{"type":"text","content":"Jim Atkinson, CEO of Antimony Resources commented, "With this new strategic resource investor, we continue to validate our thesis of having one of the highest grade antimony deposits in North America. With the continued restrictions of the global supply of antimony and its surging global demand, our goal is be a significant supplier of antimony in North America."","length":375,"tagName":"p"},{"type":"text","content":"Highlights of the current drilling at our Bald Hill Antimony Project:","length":69,"tagName":"p"},{"type":"text","content":"Assays received to date as reported in news release July 2, 2025.","length":65,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"High-grade assays returned for Drill Holes BH-25-03 and BH-25-04","length":64,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Drill Hole BH-25-04 returned 4.17% Sb over 7.40 meters at a depth of 106.6 to 114.0 meters including three zones of massive Stibnite which returned 28.8% Sb, 21.9 % Sb, and 17.9% Sb respectively","length":194,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Drill Hole BH-25-03 returned 2.76% Antimony (Sb) over 2.8 meters from 78.2 m to 81.0 meters (m) depth including 19.0% Sb from 78.2 m to 78.6 m depth.","length":149,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"More Assay results expected shortly.","length":36,"tagName":"p","attribs":{}}]}],"tagName":"ol","bulletedList":false,"length":443},{"type":"text","content":"Highlights from Past exploration","length":32,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Bald Hill is a well...