M&A
confidence high
sentiment positive
materiality 0.75
USAC submits non-binding indicative proposal to acquire Larvotto Resources for 6 USAC shares per 100 Larvotto shares
UNITED STATES ANTIMONY CORP
- Consideration: 6 USAC shares for every 100 Larvotto shares, representing a premium to recent trading ranges.
- USAC has acquired approximately 10% of Larvotto's outstanding shares via open-market purchases, becoming largest shareholder.
- Transaction would create one of the world's largest antimony producers outside of China, pending approvals.
- Advisers include Jett Capital Partners, Henslow, Ashurst (AU legal), and Duane Morris (US legal).