Aton Resources Inc. is pleased to update investors on follow-up fieldwork at the recently discovered Safaga South prospect. Safaga South is located within the Company’s 100% owned Abu Marawat Concession , located in the Eastern Desert of Egypt. Highlights: A second phase of reconnaissance field inspection and selective grab sampling has been undertaken a Safaga South, with a further 36 samples collected; Gold [...]
Aton Resources Inc. announces the retirement of its Vice President of Exploration, Rick Cavaney. It is with a sense of gratitude that Aton Resources announces the retirement of its Vice President of Exploration, Rick Cavaney. Rick has been with Aton since 2016 and previously had been the exploration manager at Centamin and was instrumental in the discovery of the Sukari gold deposit that became the world class Sukari mine [...]
Aton Resources Inc. is pleased to announce the voting results from its annual general meeting of shareholders held on July 31, 2019 . At the Meeting, the shareholders of the Company voted in favour of resolutions: Setting the number of directors at six – 99.89% in favour. Electing as directors of the Company: Bill Koutsouras – 99.90% in favour; Mark W. Campbell – 99.90% in favour; Giles Baynham &ndash [...]
Aton Resources Inc. is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement . In the second tranche, a total of 8,700,000 common shares were issued at $0.025 per Share, for proceeds of $217,500, bringing the total funds raised in both tranches of the Private Placement to $1,117,500. “We are pleased to announce that we have closed the second [...]
Aton Resources Inc. is pleased to update investors on 2 new gold mineralised prospects at Safaga South and Wasif, identified and discovered during the Company’s ongoing regional exploration programme . These new targets are both located within the Company’s 100% owned Abu Marawat Concession , located in the Eastern Desert of Egypt. Highlights: A number of ancient mine workings and settlements have been [...]
Aton Resources Inc. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement . In the first tranche, a total of 36,000,000 common shares were issued at $0.025 per Share, for proceeds of $900,000. “We are pleased to announce that we have a closed the first tranche of our $1.5M financing,” commented Mark Campbell, President and CEO. “Aton is [...]
Aton Resources Inc. today announces a non-brokered private placement of up to C$1.5 million through the issuance of up to 60,000,000 common shares of the Company at a price of $0.025 per Share. The Company expects to close the Private Placement on or around May 28, 2019, subject to the TSX Venture Exchange’s approval of a discretionary waiver of the $0.05 minimum pricing requirement. Use of Private Placement [...]
Not for distribution to United States newswire services or for dissemination in the United States Aton Resources Inc. today announces that it has withdrawn its current financing from the market . Market conditions for junior mining companies remain difficult despite the quality of the Company’s projects. Despite the significant positive results of its 2018 drilling campaign and the positive changes in the Egyptian [...]
Not for distribution to United States newswire services or for dissemination in the United States Figure 1: Revised area of the Abu Marawat Concession Aton Resources Inc. is pleased to confirm the extension of its exploration licence at the Company’s 100% owned Abu Marawat Concession , located in the Eastern Desert of Egypt, until March 2020. The Company also announces the relinquishment of 20% of the land area of [...]
Not for distribution to United States newswire services or for dissemination in the United States Aton Resources Inc. today announces that, further to its press release dated February 15, 2019, it intends to extend its non-brokered private placement financing of up to 100,000,000 units at $0.05 per Unit for total proceeds of up to $5,000,000 . Each Unit will consist of one common share in the capital of the Corporation [...]
Aton Resources Inc. is pleased to announce that it is launching a non-brokered private placement for proceeds of up to $5 million. The net proceeds from the Private Placement will be used to fund continued exploration and development activities at Aton’s Abu Marawat concession, located in Egypt. All currency amounts are in Canadian dollars. Transaction and Private Placement Highlights: Non-brokered Private Placement [...]
Aton Resources Inc. is pleased to update investors on the assay results from the final 14 holes of the Phase 1 reverse circulation percussion drilling programme at its advanced Rodruin prospect, within the Company’s 100% owned Abu Marawat Concession, located in the Eastern Desert of Egypt. Phase 1 drill hole collar plan of the Rodruin project, showing locations of all holes completed Schematic geological plan of the [...]