BRIEF

on Antimony Resources Corp. (isin : CA0369271014)

Antimony Resources Corp. Expands Exploration Funding

Antimony Resources Corp. has successfully raised CAD 5 million as of October 5, 2026. The capital increase involved issuing 10.64 million new shares at CAD 0.47 each, higher than the market closing price of CAD 0.41. This flow-through financing also allowed tax benefits to investors, minimizing dilution.

The funds, netting CAD 4.75 million, will primarily support exploration at the Bald Hill project in New Brunswick. Noteworthy drilling results from the Main Zone showed high-grade antimony, including a standout interval with 27.3% over 0.30 metres. Initial results from the largely unexplored Central Zone were promising, with a notable gold discovery enhancing potential economic value.

Recent geophysical surveys over 3,700 hectares are underway to identify further targets. As exploration progresses, Antimony Resources continues to lay a robust foundation for future resource estimation.

R. P.

Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Antimony Resources Corp. news