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Shareholders of United States Antimony Corporation (NYSE:UAMY) approved all proposals presented at the company’s annual meeting held Thursday, according to a press release statement based on a recent SEC filing.
The approved items include the election of directors for a one-year term expiring in 2026. Gary C. Evans received 29,066,715 votes in favor and 3,434,881 abstentions. Other directors elected were Dr. Blaise Aguirre, Lloyd Joseph Bardswich, Joseph A. Carrabba, and Michael A. McManus, each receiving more votes in favor than abstentions.
Shareholders also voted to approve the reincorporation of the company from Montana to Texas, with 20,626,385 votes in favor, 11,816,235 against, and 58,976 abstentions. The company, currently valued at $415 million, maintains a healthy financial position with current assets exceeding short-term obligations by over 5 times.
The company’s Amended and Restated 2023 Equity Incentive Plan was approved, receiving 25,710,026 votes in favor, 4,561,139 against, and 2,230,431 abstentions.
On an advisory basis, shareholders approved compensation for named executive officers, with 30,545,667 votes in favor, 1,715,986 against, and 239,943 abstentions. The next shareholder vote on executive compensation is scheduled for the 2028 annual meeting.
Additionally, the appointment of Assure CPA, LLC as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified by shareholders, with 67,145,927 votes in favor, 1,051,947 against, and 192,186 abstentions.
The information in this article is based on a press release statement and details from the company’s recent SEC filing.
In other recent news, United States Antimony Corporation reported significant growth in its Q1 2025 earnings, with revenues reaching $7 million, marking a 128% increase compared to the previous year. Despite this impressive revenue growth, the company slightly missed revenue forecasts. Alongside the revenue increase, United States Antimony experienced a substantial rise in net income and gross margins. The company has also expanded its antimony supply procurement efforts across multiple countries to support its smelters in Montana and Mexico. Additionally, United States Antimony increased its leasehold acreage in Alaska to approximately 23,800 acres and closed on an option to acquire the former Mohawk Mine near Fairbanks. The company has filed for mining permits covering properties in the Ester Dome and Stibnite Creek regions. These recent developments reflect United States Antimony’s strategic efforts to enhance its operational capacity and resource acquisition.
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