Regulatory Approvals
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US Antimony Corp. Proposes Acquisition of 100% of Australian Larvotto Resources
United States Antimony Corporation (USAC) proposed acquiring Larvotto Resources via a scheme of arrangement, offering 6 USAC shares per 100 Larvotto shares. USAC also disclosed a ~10% ownership stake in Larvotto. The non-binding proposal is subject to Larvotto shareholder and regulatory approvals. The combination aims to scale antimony and critical minerals production outside China. While the proposal is an actionable takeover attempt, completion is conditional on a binding agreement, approvals, and successful integration.
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Signature Resources Announces Option Grants to Directors, Management, and Advisors
On October 17, 2025, Signature Resources (OTCQB: SGGTF; TSXV: SGU) granted 2,400,000 incentive stock options to its board, management, and advisors. The options have an exercise price of $0.055, aligning with the concurrent financing price, and expire in five years. Vesting is 25% immediately, followed by 25% annually until the third anniversary. These options serve as the sole compensation for non-executive directors and are subject to the company’s Option Plan and regulatory approvals.