United States Antimony enters purchase agreement with institutional investor

United States Antimony (UAMY) has entered into another securities purchase for aggregate proceeds of $26.25M with the same single fundamental global institutional investor as was completed on August 27. After the closing of this offering announced today, the Company will have approximately $64M of cash and federal securities investments on its balance sheet to execute on pending transactions and critical contracts, including but not limited to that certain contract related to the Delivery Order as a part of its Indefinite Delivery Indefinite Quantity sole-source contract with the U.S. Defense Logistics Agency Strategic Materials in the amount of $245M. The Company intends to use the net proceeds from the equity raised today in some of the following general areas: Working Capital; Acquisition of additional antimony and other critical mineral inventory from both domestic and international sources; Further expansion of its existing leasehold mineral positions in certain critical minerals; Potential acquisitions of one or more other critical mineral companies or specific properties currently under negotiations by management; Potential expansion of the Madero Smelter in Mexico above its 200 tons per month nameplate capacity. The purchase agreement, pursuant to a registered direct offering priced at $7.50 per share, will result in aggregate gross proceeds of approximately $26.25M, before deducting placement agent commissions and other offering expenses. The closing of the offering is expected to occur on or about October 7, 2025, subject to the satisfaction of customary closing conditions. A.G.P./Alliance Global Partners is acting as the sole placement agent for the Offering.