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States newswire services or for dissemination in the United States Aton Resources Inc. today announces that it has withdrawn its current financing from the market .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 [...]
Aton Resources Inc. Is pleased to announce that it has been notified that it is being granted a further one year extension to the exploration licence at its Abu Marawat Concession in the Eastern Desert of Egypt, by the Ministry of Petroleum and Mineral Resources, until January 31, 2020. “We are very pleased that the Ministry and the Egyptian Mineral Resources Authority is extending our licence for another year, thus [...]
Aton Resources Inc. is very pleased to provide investors with a review of the preceding year 2018, by its President and CEO, Mark Campbell. Mark Campbell, President and CEO had the following reflections on 2018: “A year ago, I said that 2017 had been an exceptional year for us and our exploration teams’ achievements, but these now pale almost into insignificance not only compared to what they have accomplished [...]
Aton Resources Inc. is very pleased to provide investors with a further update on the latest results from the Phase 1 reverse circulation percussion drilling and surface channel sampling programmes 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 [...]
Aton Resources Inc. is pleased to announce the repayment of the Company’s bridge loan with OU Moonrider , previously announced November 21, 2018 . Aton reports that all 20,500,000 warrants issued in its December 2015 private placement , have been exercised at an exercise price of $0.05 per Warrant, and the Company has issued a total of 20,500,000 common shares to the warrant holders. The proceeds from the exercise [...]
Aton Resources Inc. is very pleased to provide investors with a further update on the now completed Phase 1 reverse circulation percussion drilling programme at its advanced Rodruin prospect, within the Company’s 100% owned Abu Marawat Concession , located in the Eastern Desert of Egypt. Phase 1 drill hole collar plan of the Rodruin project, showing locations of all holes completed Fisheye view looking to the south [...]
Aton Resources Inc. is pleased to announce the completion of the Phase 1 reverse circulation percussion drilling programme at its advanced Rodruin prospect, within the Company’s 100% owned Abu Marawat Concession , located in the Eastern Desert of Egypt. Phase 1 RC programme drill hole collar plan at Rodruin Drilling on hole ROP-034, high on the CBZ Highlights: Drilling was completed on December 3, 2018; 50 RC drill [...]
Aton Resources Inc. announces that it has closed on its bridge loan facility with Ou Moonrider , a significant shareholder of the Corporation. Pursuant to the Facility, the Corporation will borrow C$ 1 million from Moonrider, which loan 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 [...]
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