United States Antimony announces $18M registered direct offering

United States Antimony (UAMY) announced that it has entered into a securities purchase agreement for aggregate proceeds of $18M with a single fundamental global institutional investor. The purchase agreement, pursuant to a registered direct offering priced at $4.50 per share, will result in aggregate gross proceeds of approximately $18M before deducting placement agent commissions and other offering expenses. The closing of the offering is expected to occur on or about August 28, subject to the satisfaction of customary closing conditions. A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering.