Antimony Resources Corp. Reports Successful Close of First Financing Tranche
Antimony Resources Corp. (CSE: ATMY, OTCQB: ATMYF, FWB: K8J0) announced on 30 December 2025 that it has completed the first tranche of a previously announced private placement. The company issued 21 020 298 units at a price of 0.45 CAD per unit, generating a gross proceeds figure of 9 459 134.10 CAD.
Structure of the Units
Each unit is composed of a common share of the company and an accompanying stock‑purchase warrant. The warrant entitles its holder to acquire one common share at an exercise price of 0.75 CAD within 24 months from issuance. In addition to the statutory holding period imposed by the Canadian Securities Exchange (CSE), all units are subject to a trading restriction until 29 June 2026.
Use of Proceeds
The net proceeds, after deducting issuance costs, will be used to fund the company’s ongoing exploration and development activities. Antimony Resources is focused on advancing its antimony projects, which are expected to enhance the company’s long‑term value proposition for shareholders.
Market Context
The company’s share price as of 30 December 2025 was 0.53 CAD, within a 52‑week range of 0.76 CAD (high, 14 October 2025) to 0.075 CAD (low, 1 May 2025). With a market capitalization of approximately 39.3 million CAD, the recent financing round represents a significant capital infusion relative to the company’s current valuation.
Conclusion
The successful completion of the first tranche underscores Antimony Resources Corp.’s ability to secure capital in a competitive market environment. By pairing each share with a warrant that offers upside potential, the company has positioned itself to attract investors seeking both immediate equity exposure and future growth opportunities. The proceeds will support the company’s exploration agenda, potentially driving further discoveries and advancing the company’s strategic objectives.
