US Antimony Files 8-K/A Amendment on Exit Costs
Ticker: UAMY · Form: 8-K/A · Filed: Apr 19, 2024 · CIK: 101538
| Field | Detail |
|---|---|
| Company | United States Antimony Corp (UAMY) |
| Form Type | 8-K/A |
| Filed Date | Apr 19, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $40,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, exit-costs, disposal-activities
TL;DR
US Antimony filed an amendment about exit costs - could mean they're shutting something down.
AI Summary
United States Antimony Corporation filed an amendment (8-K/A) on April 19, 2024, to a report originally dated March 11, 2024. This amendment pertains to costs associated with exit or disposal activities. The filing does not provide specific dollar amounts or further details on the nature of these costs.
Why It Matters
This filing indicates a potential restructuring or closure of certain operations, which could impact the company's future financial performance and asset base.
Risk Assessment
Risk Level: medium — Amendments to 8-K filings, especially concerning exit or disposal activities, can signal significant operational changes or financial distress.
Key Players & Entities
- UNITED STATES ANTIMONY CORPORATION (company) — Registrant
- March 11, 2024 (date) — Earliest event reported date
- April 19, 2024 (date) — Filing date
- Montana (location) — State of incorporation
- 001-08675 (other) — Commission File Number
FAQ
What specific exit or disposal activities are being reported by United States Antimony Corporation?
The filing does not specify the nature of the exit or disposal activities, only that it is an amendment related to costs associated with them.
When was the original report filed, and what was its subject?
The original report was dated March 11, 2024, and concerned costs associated with exit or disposal activities.
What is the purpose of this 8-K/A filing?
This is an amendment (Amendment No. 1) to a previously filed Current Report on Form 8-K, specifically addressing costs associated with exit or disposal activities.
Where is United States Antimony Corporation incorporated?
The company is incorporated in Montana.
What is the principal executive office address for United States Antimony Corporation?
The principal executive office is located at P.O. Box 643, Thompson Falls, MT 59873.
Filing Stats: 433 words · 2 min read · ~1 pages · Grade level 11.2 · Accepted 2024-04-18 18:14:34
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value UAMY NYSE American Indic
- $40,000 — 024, the Company incurred approximately $40,000 related to the termination of a majorit
Filing Documents
- uamy_8ka.htm (8-K/A) — 21KB
- 0001654954-24-004776.txt ( ) — 141KB
- uamy-20240311.xsd (EX-101.SCH) — 6KB
- uamy-20240311_lab.xml (EX-101.LAB) — 14KB
- uamy-20240311_cal.xml (EX-101.CAL) — 1KB
- uamy-20240311_pre.xml (EX-101.PRE) — 9KB
- uamy-20240311_def.xml (EX-101.DEF) — 2KB
- uamy_8ka_htm.xml (XML) — 4KB
05 Costs Associated with Exit or Disposal Activities
Item 2.05 Costs Associated with Exit or Disposal Activities. As previously reported, on March 11, 2024, United States Antimony Corporation's ("USAC" or "U.S. Antimony" or the "Company") Board of Directors approved a plan to discontinue all Latin America operational activities and dispose of its US Antimony de Mexico, S.A. de C.V. ("USAMSA") subsidiary, effective immediately. Pursuant to this plan to discontinue USAMSA's operations, as of April 12, 2024, the Company incurred approximately $40,000 related to the termination of a majority of USAMSA's employees. 2
SIGNATURES
SIGNATURES 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 thereunto duly authorized. UNITED STATES ANTIMONY CORPORATION April 18, 2024 By: /s/ Richard R. Isaak Richard R. Isaak SVP, Chief Financial Of 3