Aton Resources Inc. is pleased to update investors on the status of its 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Figure 1: https://www.globenewswire.com/NewsRoom/AttachmentNg/f279e00f-c720-49e3-be3b-14e9dde31947 The Company confirms that it has partially relinquished a further 25% of the land area of the Abu Marawat Concession, subsequent to the confirmation of the three year extension to its [...]
Aton Resources Inc. announces that, further to its news release of April 24, 2020, it intends to file its annual financial statements and management's discussion and analysis, for the year ended December 31, 2019 , and its first quarter financial statements and management’s discussion and analysis for the period ended March 31, 2020 , postponed due to logistics and delays caused by the COVID-19 pandemic, on or before June [...]
Aton Resources Inc. is pleased to announce that it requested and has been granted a three year extension to the final exploration period of its current exploration license at its Abu Marawat Concession. This allows Aton to carry on with exploration work on the concession whilst awaiting the final regulations and amendments to Egypt’s mining laws, which are designed to make investment and development in the mining sector [...]
Aton Resources Inc. has postponed filing its annual financial statements and management's discussion and analysis, for the year ended December 31, 2019 , and its first quarter financial statements and management’s discussion and analysis for the period ended March 31, 2020 , due to logistics and delays caused by the COVID-19 pandemic. Aton is relying on exemptive relief granted by Canadian securities regulatory [...]
Aton Resources announces that further to its news release of December 17, 2019, it has drawn an additional $141,000 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 2,820,000 non-transferable warrants [...]
Aton Resources Inc. is pleased to announce that it will be attending Egyptian Mining Day on March 1, 2020 at the Prospectors & Developers Association of Canada’s annual convention. About Aton Resources Inc. Aton Resources Inc. 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 mine. Aton has [...]
Aton Resources Inc. is pleased to announce that its application for an exploitation license at Hamama and its retained exploration areas at the Company’s Abu Marawat Concession area have been approved. “As only the second mining license to be issued since Centamin’s, this is historic news for Aton and Egypt,” said Mark Campbell, President and CEO. “We are very excited to announce this news [...]
Aton Resources Inc. is pleased to share the thoughts of its President and CEO Mark Campbell on the announced changes to Egypt’s Exploration and Mining Regime. “I have been recently asked if I could give my views on the landmark amendments to the Mining Law and Executive Regulations, as well as my views on what remains to be done,” said Mark Campbell President and CEO. Here is my take on these changes [...]
Aton Resources Inc. is pleased to share the thoughts of its President and CEO Mark Campbell on the company’s accomplishments in 2019. “As we enter the New Year and a new decade, I want to reflect on 2019, which though a challenging year, was in fact a very positive year for Aton, on three fronts. Though we were unable to complete any drilling this past year, we did through our regional geological exploration [...]
Aton Resources Inc. is pleased to update investors on the results of preliminary fieldwork at the Semna East prospect. Semna East is located within the Company’s 100% owned Abu Marawat Concession , approximately 4 km east-southeast of the historic Semna gold mine, in the Eastern Desert of Egypt. Highlights: Aton has completed reconnaissance sampling at the Semna East prospect, first identified during the 2017 [...]
Aton Resources Inc. announces that it has entered into a bridge loan facility with Ou Moonrider. Pursuant to the Facility, the Corporation may borrow up to C$300,000.00 from Moonrider, which Facility is repayable on the earlier of six months from closing, on the occurrence of various standard events of default, or on the closing of any debt or equity financing by the Corporation in an amount in excess of C$ 1.5 million [...]
Aton Resources Inc. is pleased to announce that, in accordance with its Abu Marawat Concession Agreement, between Aton and the Egyptian Government, the Company has submitted its application for an exploitation lease at Hamama and this is being processed by the relevant authorities, including the Egyptian Mineral Resources Authority and The Ministry of Petroleum. This is a formal process mandated by the existing Egyptian [...]