uamy_8k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 8, 2014
UNITED STATES ANTIMONY CORPORATION
|
(Exact name of registrant as specified in its charter)
|
|
|
|
|
|
(State or other jurisdiction
|
|
(Commission File Number)
|
|
(IRS Employer Identification No.)
|
of incorporation)
|
|
|
|
|
P.O. Box 643
Thompson Falls, Montana
|
|
|
(Address of principal executive offices)
|
|
(Zip Code)
|
Registrant’s telephone number, including area code: (406) 827-3523
|
(Former name or former address, if changed since last report.)
|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
U. S. ANTIMONY REPORTS NATURAL GAS AND INCREASING OUTPUT FROM MEXICAN SMELTER
September 4, 2014. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported that natural gas has been turned on at its Mexican Madero Smelter. The cost of natural gas will be approximately seventy percent lower than the cost of propane, and it is expected to significantly increase gross margins at the smelter. In addition, the Company is adding four more furnaces that will increase smelter output by 50% and start reducing the inventory of smelter feed. Presently, the smelter is shipping antimony metal of a very high grade similar to Chinese Grade 1. All production at the smelter is in a sold out status.
Chief Executive Officer, John Lawrence, commented, “the Company is in a rapidly expanding growth phase and is now permitting more furnaces to further increase smelter capacity.”
Forward Looking Statements:
This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events, including matters related to the Company's operations, pending contracts and future revenues, ability to execute on its increased production and installation schedules for planned capital expenditures and the size of forecasted deposits. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent filings, including Form 10-KSB with the Securities and Exchange Commission.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: September 8, 2014
|
UNITED STATES ANTIMONY CORPORATION |
|
|
|
|
|
|
By:
|
/s/ John C. Lawrence |
|
|
|
John C. Lawrence |
|
|
|
President, Director and Principal Executive Officer |
|
|
|
|
|
3