United States Antimony (UAMY) Corporation announced that it has completed an acquisition of 100% of the ownership interest of the Fostung Properties which cover 50 single-cell mining claims or 1,114 hectares located approximately 70 kilometers west-southwest of Sudbury, Ontario, Canada, near the town of Espanola. The total purchase price of the tungsten properties was $5M in cash in addition to a 1/2 of 1% Net Smelter Return royalty interest to be divided equally between the sellers; Transition Metals Corp and 1930153 ON Ltd. There exists an additional NSR of 1% held by a previous owner.
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