Item 3.03 Material Modification to Rights of Security Holders.
As noted in the Current Report on Form 8-K filed by United States Antimony
Corporation (the "Company") with the U.S. Securities and Exchange Commission on
January 6, 2021, on December 31, 2020, at the Company's 2020 Annual Meeting of
Stockholders, the stockholders of the Company adopted the Second Amended and
Restated Articles of Incorporation of the Company (the "Second Restated
Articles"). The Second Restated Articles, among other things, increases the
number of authorized shares of the common stock, par value $0.01 per share, of
the Company, from 90,000,000 to 150,000,000.
On January 13, 2021, the Company filed the Second Restated Articles with the
Secretary of State of the State of Montana. The foregoing description of the
Second Restated Articles is qualified in its entirety by the full text of the
Second Restated Articles, which is filed as Exhibit 3.1 to this Current Report
on Form 8-K and is incorporated herein by reference.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 13, 2021, Craig W. Thomas, a member of the Board of Directors of the
Company and a member of the Audit Committee, Compensation Committee, and
Corporate Governance and Nominating Committee, resigned from the Board of
Directors for personal reasons. Mr. Thomas did not advise the Company of any
disagreement with the Company on any matter relating to its operations, policies
or practices. Mr. Thomas' resignation is effective immediately. The Board of
Directors intends to consider recommendations from the Corporate Governance and
Nominating Committee to fill the vacancy created by the resignation of Mr.
Thomas.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibit No. Description
3.1 Second Amended and Restated Articles of Incorporation
© Edgar Online, source Glimpses