Weyl (WSMs) evolve from Dirac semimetals in the presence of broken time-reversal symmetry (TRS) or space-inversion symmetry. The WSM phases in TaAs-class materials and photonic crystals are due to the loss of space-inversion symmetry. For TRS-breaking WSMs, despite numerous theoretical and experimental efforts, few examples have been reported. In this Article, we report a new type of magnetic semimetal Sr1-y Mn1-z Sb2 (y, z < 0.1) with nearly massless relativistic fermion behaviour (m∗ = 0.04 - 0.05m0 , where m0 is the free-electron mass). This material exhibits a ferromagnetic order for 304 K < T < 565 K, but a canted antiferromagnetic order with a ferromagnetic component for T < 304 K. The combination of relativistic fermion behaviour and ferromagnetism in Sr1-y Mn1-z Sb2 offers a rare opportunity to investigate the interplay between relativistic fermions and spontaneous TRS breaking.