U.S. Antimony Announces Sale of Limited Zeolite Marketing Rights and Requirement Contract.THOMPSON FALLS, Mont. -- United States Antimony antimony (ăn`tĭmō'nē) [Lat. antimoneum], semimetallic chemical element; symbol Sb [Lat. stibium,=a mark]; at. no. 51; at. wt. 121.75; m.p. 630.74°C;; b.p. 1,750°C;; sp. gr. (metallic form) 6. Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :UAMY) announced that the Bear River Zeolite zeolite Any member of a family of hydrated aluminosilicate minerals that have a framework structure enclosing interconnected cavities occupied by large metal cations (positively charged ions)—generally sodium, potassium, magnesium, calcium, and barium—and water Company, Inc. ("BRZ BRZ Bronze BRZ Bundesrechenzentrum (Federal Computing Center, Austria) BRZ Bipolar Return-to-Zero BRZ Baseline Release Zero BRZ Bonded Re-Export Zone ", a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of United States Antimony Corp, "USAC USAC Universal Service Administrative Company USAC United States Auto Club USAC Universidad de San Carlos (University of San Carlos, Guatemala) USAC US Airways Center (Phoenix, Arizona) ") has sold certain marketing rights for finely ground zeolite to Steve Olson of Boise, Idaho for $500,000 cash. Additionally, Olson has agreed to purchase 3,000 tons per month of the product. USAC is starting the permitting process to install a fine-grinding mill with storage capacity and quality control equipment at the BRZ plant in southeast Idaho. The equipment is needed immediately to meet orders for finely ground zeolite for use as flow agents in animal feed, animal nutrition, animal feed pellets, waste water treatment, environmental remediation of contaminated soils, and as a replacement for Portland cement. The use of BRZ in concrete results in a higher compressive strength, reduced corrosion of rebar, and reduced costs. 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. 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. |
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