tiprankstipranks
Advertisement
Advertisement

Military Metals Defines 815m Antimony Trend at Nevada Project and Adopts Shareholder Rights Plan

Story Highlights
  • Military Metals’ 2025 soil program outlined an 815m antimony anomaly, advancing drill targeting at its Last Chance project.
  • The company adopted a shareholder rights plan to guard against hostile takeovers and protect existing investor interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Military Metals Defines 815m Antimony Trend at Nevada Project and Adopts Shareholder Rights Plan

Claim 55% Off TipRanks

X1 Esports and Entertainment Ltd. ( (TSE:MILI) ) has shared an announcement.

Military Metals Corp. reported soil sampling results from its 2025 field program at the Last Chance antimony project in Nevada, delineating an approximately 815-metre northwest-southeast trending zone of anomalous antimony in soils extending from the historically mined area. The program, which follows high-grade grab samples and historical stibnite production, is intended to refine drill targets and supports the company’s view of a potentially buried mineralized system that could contribute to a secure domestic antimony supply. In parallel, the company’s board has adopted a shareholder rights plan effective January 20, 2026, attaching one right to each common share and designed to activate if any party acquires 20% or more of the outstanding shares without meeting prescribed conditions, thereby reinforcing its defenses against unsolicited takeover attempts and providing greater protection for existing shareholders.

More about X1 Esports and Entertainment Ltd.

Military Metals Corp. is a mineral exploration company focused on antimony, operating the 100%-owned, past-producing Last Chance antimony project in Nye County, Nevada, near Kinross’ Round Mountain gold mine. The company is targeting critical mineral supply opportunities in the United States, where antimony is designated as a critical mineral and is the subject of increased government attention and investment.

Average Trading Volume: 185,719

Technical Sentiment Signal: Hold

Current Market Cap: C$30.87M

For detailed information about MILI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1