−Removed: Item 5 Market for Common Equity and Related Stockholder Matters
−Removed: Currently, our common stock is traded on the NYSE-AMERICAN under the symbol UAMY.
−Removed: The approximate number of holders of record of our common stock at March 28, 2022 is 2,370.
−Removed: We have not declared or paid any dividends to our stockholders during the last five years and do not anticipate paying dividends on our common stock in the foreseeable future.
+Added: Market for Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities.
+Added: Market information
+Added: Our common stock is traded on the NYSE American under the symbol UAMY.
+Added: The approximate number of holders of record of our common stock at July 15, 2023 is 2,359.
+Added: Except as follows, we have not declared or paid any dividends to our common stockholders during the last five years and do not anticipate paying dividends on our common stock in the foreseeable future.
Instead, we expect to retain earnings for the operation and expansion of our business.
−Removed: The Company issued the Board members 295,463 shares of the Company’s common stock for services provided during 2019 which was accrued at December 31, 2019, with a value of $130,483.
−Removed: The Company sold units consisting of 5,742,858 from sale of shares of its common stock and 5,742,858 warrants to purchase shares of common stock for total proceeds of $2,010,000.
−Removed: Offering costs associated with the sale totaled $196,932.
−Removed: The Company awarded, but did not issue, common stock with a value of $110,000 to its Board of Directors as compensation for their services as directors.
−Removed: In connection with the issuances, the Company recorded $110,000 in director compensation expense and accrued common stock payable.
−Removed: The Company sold units consisting of 26,290,000 shares of its common stock and 7,650,000 warrants to purchase shares of common stock for total proceeds of $24,997,000.
−Removed: Offering costs associated with the sale totaled $1,654,822 and included issuance of 2,410,500 warrants to a placement agent.
−Removed: The Company issued the Board members 112,610 shares of the Company’s common stock for services provided during 2020 which was accrued at December 31, 2020, with a value of $110,000.
−Removed: The Company awarded, but did not issue, common stock with a value of $112,500 to its Board of Directors as compensation for their services as directors.
−Removed: In connection with the issuances, the Company recorded $112,500 in director compensation expense and accrued common stock payable.
−Removed: Item 6 Selected Financial Data
−Removed: Not Applicable.
+Added: On November 28, 2022, the Company declared a dividend on the Series D Preferred Stock in the aggregate amount of $787,730, which was paid on January 18, 2023.
+Added: All outstanding shares of Series D Preferred Stock were converted to 1,692,672 shares of common stock on January 25, 2023.
+Added: Unregistered Sales of Equity Securities
+Added: During the year ended December 31, 2022, the Company issued 132,980 shares of common stock to the board of directors to satisfy stock payable to directors for services of $62,501 that were outstanding at December 31, 2021.
+Added: On January 25, 2023, the holders of 1,692,672 shares of Series D Preferred stock converted the preferred shares and the Company issued 1,692,672 shares of common stock.
+Added: The Company also paid the holders $787,730 for dividends payable as declared on November 28, 2022
+Added: Securities Authorized for Issuance Under Equity Compensation Plans
+Added: Information regarding our equity compensation plans as of December 31, 2022 is disclosed in Item 12 “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” of this Annual Report on Form 10-K.
+Added: Purchases of Equity Securities
+Added: During the year ended December 31, 2022, the Company repurchased $202,980 of its common stock under this repurchase program which represents 418,696 shares.
+Added: As of December 31, 2022, no shares had been returned to treasury and $202,980 is included in ‘shares to be returned to treasury’ on the consolidated balance sheet (Note 18).
+Added: Page 45 of 91
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.