United States Antimony Corporation has entered into a securities purchase agreement with a leading long-only mutual fund for approximately $25 million in gross proceeds. The funding will support inventory expansion, additional leasehold acquisitions in Alaska and Montana, potential capacity increases at the Madero Smelter, strategic acquisitions, and general working capital. This transaction represents the third major capital raise for the company in recent weeks, bringing total institutional investment to $69.25 million over the past 45 days.
Chairman and CEO Gary C. Evans emphasized the significance of this institutional backing, noting that all three funding tranches occurred at progressively higher share prices. This pattern demonstrates growing confidence in the company's strategic direction and the critical nature of its mineral portfolio. The consistent upward pricing trend during these successive funding rounds indicates strong market validation of US Antimony's business model and growth prospects in the critical minerals sector.
The company processes third party ore primarily into antimony oxide, antimony metal, antimony trisulfide, and precious metals at its facilities located in Montana and Mexico. These materials serve essential functions across multiple industries. Antimony oxide forms flame-retardant systems for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper, while also serving as a color fastener in paint and phosphorescent agent in fluorescent light bulbs. Antimony metal finds application in bearings, storage batteries, and ordnance, with antimony trisulfide used as a primer in ammunition.
Beyond its antimony operations, the company maintains significant zeolite production capabilities at its Bear River Zeolite facility in Idaho. Zeolite represents a group of industrial minerals used in water filtration, sewage treatment, nuclear waste and other environmental cleanup, odor control, gas separation, animal nutrition, soil amendment and fertilizer, and various other applications. This diversification positions the company to address multiple critical infrastructure and environmental challenges.
The recent funding follows strategic expansion initiatives undertaken during 2024 and 2025, when the company began acquiring mining claims and leases in Montana, Alaska and Ontario, Canada. These acquisitions represent a concerted effort to broaden both operational footprint and product offerings in the critical minerals space. The company also recovers precious metals, primarily gold and silver, at its Montana facility from third party ore, adding another revenue stream to its diversified mineral portfolio.
Titan Partners Group, a division of American Capital Partners, acted as sole placement agent for the offering, which is expected to close on or about October 14, 2025. The transaction underscores the growing importance of domestic critical minerals production for national security and industrial supply chain resilience.
