LEGAL PROCEEDINGS.
−Removed: United States Antimony Corporation is not a party to any material legal proceedings, and, to management’s knowledge, no such proceedings are threatened or contemplated.
+Added: United States Antimony Corporation is not a party to any material legal proceedings.
No director, officer or affiliate of United States Antimony Corporation and no owner of record or beneficial owner of more than 5% of the Company’s securities or any associate of any such director, officer or security holder is a party adverse to United States Antimony Corporation or has a material interest adverse to United States Antimony Corporation in reference to pending litigation.
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Using appropriate regulatory channels, management may contest these proposed assessments.
−Removed: At September 30, 2023 and December 31, 2022, the Company had no accrued liabilities relating to such assessments.
−Removed: Bear River Zeolite Company (“BRZ”), a wholly owned subsidiary of the Company, received twelve significant and substantial citations from MSHA in September and October of 2023.
−Removed: BRZ rectified the matters noted in eight of the twelve citations and received termination dates for these eight citations from MSHA.
−Removed: The Company is working to rectify the four remaining citations;
−Removed: however, the outcome of these citations as well as the impact on the Company’s results of operations or financial position is unknown.
+Added: At March 31, 2024 and December 31, 2023, the Company had no accrued liabilities relating to such assessments.
+Added: However, during the first quarter of 2024, Bear River Zeolite Company (“BRZ”), a wholly owned subsidiary of the Company, received four significant and substantial citations from MSHA, all of which have been rectified by BRZ prior to the filing of this Quarterly Report.
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.