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 [...]
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 [...]