Together, the two transactions covered approximately 34.4% of the common stock outstanding. ![]() In light of the very close proximity in time of the two transactions and the fact that both transactions involved substantially the same group of purchasers, NYSE Regulation determined that these issuances should be aggregated for purposes of Section 713 of the Company Guide. The violations relate to two non-underwritten transactions involving the sale of an aggregate of 26,290,000 shares of common stock at a discount to the market price at the time of each transaction, with the first transaction, which closed on February 3, 2021, involving the sale of 15,300,000 shares of common stock at a purchase price of $0.70 per share, and with the second transaction, which closed on February 16, 2021, involving the sale of 10,990,000 shares of common stock at a purchase price of $1.30 per share. Trading in the Company's common stock has been halted since before the opening of trading on Wednesday, February 17, 2021, as NYSE Regulation has assessed these rule violations. The basis for the Letter is that the Company sold shares of its common stock in a manner that violated Sections 301 and 713 of the Company Guide. THOMPSON FALLS, MT / ACCESSWIRE / Febru/ United States Antimony Corporation (NYSE AMERICAN:UAMY), a growing, vertically-integrated natural resource company that has production and diversified operations in precious metals, zeolite and antimony today announced that on Februit received a letter from NYSE Regulation ("NYSE Regulation", and such letter, the "Letter"), which Letter serves as a Warning Letter as provided under Section 1009(a)(i) of the NYSE American Company Guide (the "Company Guide"). ![]() THOMPSON FALLS, MT / ACCESSWIRE / Febru/ United States Antimony Corporation (NYSE AMERICAN:UAMY), a growing, vertically-integrated natural resource company that has production and diversified operations in precious metals, zeolite.
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