Message #12 From:
NewsBot Date: September 25, 2006 05:00:00 AM
UAMY News U.S. Antimony Announces Sale of Limited Zeolite Marketing Rights and Requirement Contract
THOMPSON FALLS, Mont.--(BUSINESS WIRE)--United States Antimony Corporation (OTCBB:UAMY) announced that the Bear
River Zeolite Company, Inc. ("BRZ", a wholly owned subsidiary of United
States Antimony Corp, "USAC") 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.