Aton Resources Inc. is pleased to announce the appointment of Dr. Sherif Sousa as its new Egypt Country Manager. Dr. Sousa has had a storied career in Egypt's oil & gas and mining industries over the past 40 years. Amongst his many achievements, Dr. Sousa was the first Chairman of the Egyptian Mineral Resources Authority , from 2004 to 2006 and was instrumental in the agreement and development of Centamin's Sukari gold [...]
Aton Resources Inc. is pleased to share the thoughts of its President and CEO Mark Campbell on 2020, and the Company’s plans for 2021. “The year 2020 has been a challenging one, to say the least, for the whole world as well as for Aton, and I for one am glad that it is in our rear view mirror! It was certainly a very frustrating year for our shareholders and employees, as so many issues arose due to COVID-19, which were [...]
Aton Resources Inc. is pleased to share an update from its President and CEO Mark Campbell on the appointment of a new Chief Financial Officer, Bennett Liu. Aton reports that its CFO of seven years, Justin Blanchet, has stepped down to focus on his position as CFO of an intermediate gold producer and that it has appointed Bennett Liu to replace him with immediate effect. Mr. Liu has considerable experience in the areas of [...]
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 400,000 units were issued at $0.40 per Unit, for proceeds of $160,000. Each Unit consists of one common share and one half of a share purchase warrant . Each Warrant will entitle the holder to purchase an additional common share at $0.80 for a period [...]
Aton Resources Inc. is pleased to share an update from its President and CEO Mark Campbell on the Company’s plans. “It is with great pleasure that I finally have something to say to all of our shareholders. It may have seemed to have been a very long road - and it has! But the fact that we have been able to attract a strong financial strategic partner like MEDAF, will prove to be worth the wait. “Now what everyone wants [...]
Aton Resources Inc. is pleased to announce further to its news release of July 29, 2020 that it has received subscriptions for the purchase of 17,915,000 units at a price of $0.40 per Unit for gross proceeds of $7,166,000. Each Unit consists of one common share and one half of a share purchase warrant . Each Warrant will entitle the holder to purchase an additional common share at $0.80 for a period of three years from [...]
Aton Resources Inc. announces further to its news releases of July 29, 2020 and September 2, 2020, the consolidation of its common shares at a ratio of ten pre-consolidation Common Shares to one post-consolidation Common Share will be effected at 12:01 a.m. on Monday, September 21, 2020 . The post-consolidation Common Shares will be posted for trading on the TSX Venture Exchange at the opening of trading on the Effective [...]
Aton Resources Inc. announces further to its news release of July 29, 2020 that it is proceeding with its previously announced 10:1 share consolidation, and will be rescheduling the closing of its placement announced July 29, 2020 to a date after the consolidation has been completed. The Company anticipates the consolidation will take place in approximately mid-September, subject to receipt of TSX Venture approval. The [...]
Aton Resources Inc. announces with deep sorrow the tragic passing of Giles Baynham, a director of the Company, due to unexpectedly severe complications from a recent illness. The entire Aton family mourns this loss. On behalf of our Board of Directors, management team and employees, we extend our deepest sympathies and condolences to Giles’ family. Giles was a larger-than-life figure who brought his remarkable passion [...]
Aton Resources Inc. today announces a non-brokered private placement of up to C$5 million through the issuance of up to 125,000,000 units of the Company at a price of $0.04 per Unit. Each Unit consists of one common share of the Company, and one half of a share purchase warrant entitling the holder to acquire an additional common share of the Company for a period of two years from closing at a price of $0.08 per Warrant [...]
At the request of IIROC, Aton Resources Inc. wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity in respect of its common shares. Aton Resources is focused on its 100% owned Abu Marawat Concession, located in Egypt’s Arabian-Nubian Shield, approximately 200 km north of Centamin’s world-class Sukari gold [...]
Aton Resources announces that further to its news releases of December 17, 2019 and February 27, 2020, it has drawn an additional $77,000 pursuant to its bridge loan facility with Ou Moonrider. The proceeds of the Facility will be used by the Corporation to fund further work at its Abu Marawat Concession, and for general working capital purposes. In connection with this draw, Moonrider has been issued 1,540,000 [...]
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