U.S. Antimony Corporation (“USAC”) announced today that its shares will begin trading on the NYSE MKT on 21 May 2012, ticker symbol “UAMY”. Mr. John Lawrence, CEO, commented, “We are very pleased with this development as we expect a wider audience for our stock; tighter spreads between the bid and asked prices; and improved liquidity. Our Designated Market Maker, J. Streicher & Co., LLC, has unmatched experience in trading mining shares since 1911.”
“We welcome U.S. Antimony to the NYSE Euronext community of listed companies,” said Scott Cutler, Executive Vice President and Head of Listings, NYSE Euronext. “U.S. Antimony and its shareholders will benefit from superior market quality and technology, a broad array of issuer and investor services, and a partnership with the company and its shareholders.”
U.S. Antimony Corporation announced the appointment of Mr. Bernard (“Barney”) J. Guarnera, Chairman of Behre Dolbear & Company, Inc., an internationally recognized mining consulting firm which was founded in 1911, to its Board of Directors today and the retirement of Mr. Leo Jackson as a long-standing director.
Mr. John C. Lawrence, CEO, commented, “We are pleased to have added Mr. Guarnera to the Board due to his extensive global experience and wealth of high level relationships in the mining industry. These qualities will serve USAC and its shareholders in good stead over the years to come. By the same token, we regret that Leo, who has made outstanding contributions to the Company in the successful execution of its Mexican strategy, is stepping down 'due to health-related issues.' Leo will continue his excellent work for the Company in operations.”
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. 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.