TLDR
- US Antimony raises $25M despite 12.9% stock drop.
- Equity deal fuels mineral and smelter expansion plans.
- Institutional investors back US Antimony’s growth.
- Company eyes acquisitions to scale critical minerals.
- Funding drives U.S. mineral independence push.
United States Antimony Corporation saw its stock decline by 12.9% to close at $10.94 on Thursday.
United States Antimony Corporation, UAMY
This followed the company’s announcement of a new direct equity offering valued at approximately $25 million. The sharp move down came as the market reacted to the dilution from newly issued shares.
The company entered into a securities purchase agreement with a long-only mutual fund to sell 2,377,657 shares. These shares are being issued at market price with minimal to no discount, according to the release. The offering is expected to close around October 14, 2025, pending standard closing conditions.
This new tranche brings total funding raised to $69.25 million over the past 45 days from two institutional backers. Despite the drop in share price, the company emphasized that the recent placements have been completed at higher prices than earlier rounds. The transaction was led by Titan Partners Group, acting as the sole placement agent.
Capital Raise Targets Mineral Expansion and Smelter Capacity
US Antimony plans to use the new capital across several strategic initiatives in the mineral and processing sectors. The company will allocate funds to acquire more antimony and other critical mineral inventories. It also plans to expand its mineral leasehold footprint in both Alaska and Montana.
US Antimony aims to explore boosting its smelting capacity at its Madero facility in Mexico. The financing could support potential acquisitions of other mineral companies aligned with its portfolio. Remaining proceeds will provide general working capital to support daily operations.
The company’s strategy reflects an aggressive push to scale operations and strengthen its position in the critical minerals market. Its focus includes both organic growth and acquisition-driven expansion. US Antimony continues to seek ways to capitalize on growing demand for antimony and related minerals.
Institutional Support Grows Despite Market Reaction
Although shares slid after the financing news, the company noted growing interest from institutional investors. Management stated the deals have attracted long-term investors without requiring large discounts, helping reinforce confidence in the stock’s valuation. The capital raises reportedly occurred without direct solicitation.
This latest agreement follows two prior placements over the past month and a half, all of which involved significant institutional participation. The trend signals that large capital firms view US Antimony’s critical minerals strategy as promising despite short-term volatility. The financing strengthens the balance sheet and opens room for operational growth.
Market reaction to the share dilution was immediate, but US Antimony maintains a strong narrative around its capital deployment plans. The company is positioning itself to take advantage of the shifting geopolitical focus on domestic mineral supply. As the funding closes, eyes will turn to execution on its smelting, inventory, and expansion goals.