Introductory Note
This Amendment No. 3 (this Amendment) amends and supplements the Schedule 13D filed with the Securities and Exchange Commission on filed on
May 15, 2002 (the Original Schedule 13D), as amended by Amendment No. 1 to Schedule 13D, filed on January 17, 2003 (the First Amendment), and Amendment No. 2 to Schedule 13D, filed on January 15, 2004
(the Second Amendment). This Amendment is being filed to update the Reporting Persons and the percentage ownership of the Reporting Persons as a result of Al W. Dugans passing on October 15, 2011, the distribution of shares
from his estate, and any subsequent transactions.
This Amendment amends the cover pages (as set forth in the foregoing pages),and Items 1 through 7 of
the Original Schedule 13D, as amended by the First Amendment and the Second Amendment (as set forth below).
Item 1.
|
Security and Issuer
|
This Amendment relates to the common stock, par value $0.01 per share, of United States Antimony Corporation (the Issuer), P.O. Box 643, Thompson
Falls, Montana, 59873.
Item 2.
|
Identity and Background
|
|
(a)
|
Lydia Dugan and Patrick Dugan (each a Reporting Person and together the Reporting
Persons) are jointly filing this Amendment.
|
|
(b)
|
The business address for each of the Reporting Persons is 3009 Post Oak Boulevard, Suite 1212, Houston, Texas
77056-6599.
|
|
(c)
|
Lydia Dugan serves as the President and Patrick Dugan serves as the Vice President of Delaware Royalty Company,
Inc. (Delaware Royalty), Anglo Exploration Corporation (Anglo Exploration), Houston Resources Corporation (Houston Resources), and Nortex Corporation (Nortex), the principal business address for all of
which is 3009 Post Oak Boulevard, Suite 1212, Houston, Texas 77056-6599.
|
|
(f)
|
Both Lydia Dugan and Patrick Dugan are citizens of Unites States of America.
|
Item 3.
|
Source and Amount of Funds and Other Considerations.
|
This Amendment is being filed to update the Reporting Persons and the percentage ownership of the Reporting Persons as a result of Al W. Dugans passing
on October 15, 2011, the distribution of shares from his estate, and any subsequent transactions.
Item 4.
|
Purpose of the Transactions
|
This Amendment is being filed to update the Reporting Persons and the percentage ownership of the Reporting Persons as a result of Al W. Dugans passing
on October 15, 2011, the distribution of shares from his estate, and any subsequent transactions.
Item 5.
|
Interest in Securities of the Issuer
|
|
(a)
|
and (b) The responses of the Reporting Persons to rows 7, 8, 9, 10, 11 and 13 on the cover pages of this
Amendment are incorporated herein by reference.
|
Lydia Dugan and Patrick Dugan beneficially own an aggregate of 8,114,027
shares of common stock, or 11.9%, of the Issuer, as a group. Lydia Dugan beneficially owns 2,151,675 shares of common stock of the Issuer directly with sole voting power. Patrick Dugan beneficially owns 376,100 shares of the common stock of the
Issuer directly with sole voting power. Lydia Dugan is also the controlling shareholder of, and serves as the President of Delaware Royalty, Anglo Exploration, Houston Resources and Nortex, which beneficially own 2,904,077, 180,000, 230,500, and
170,000 shares of common stock of the Issuer, respectively. These shares, together with the 2,151,675 shares she owns directly total 5,636,252 shares over which she has sole voting and dispositive power. Patrick Dugan is the Vice President of these
companies.