07:46:31 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Atex Resources Inc
Symbol ATX
Shares Issued 173,804,979
Close 2023-09-28 C$ 0.67
Market Cap C$ 116,449,336
Recent Sedar Documents

Atex grants 642,857 RSUs, options to buy 2.11M shares

2023-09-29 10:58 ET - News Release

Mr. Raymond Jannas reports

ATEX ANNOUNCES GRANT OF STOCK OPTIONS AND RESTRICTED SHARE UNITS

Atex Resources Inc. has granted an aggregate of 642,857 restricted share units (RSUs) and an aggregate of 2,110,926 stock options to employees, with 1,525,000 stock options granted to officers. Each option entitles the holder to acquire one Atex common share at an exercise price of 70 cents until Sept. 28, 2028. The RSUs were granted to directors of the company and will vest on the date of termination of his or her membership on the board.

About Atex Resources Inc.

Atex is exploring the Valeriano copper-gold project which is located within the emerging copper-gold porphyry mineral belt linking the prolific El Indio high-sulphidation belt to the south with the Maricunga gold porphyry belt to the north. This emerging belt, informally referred to as the Link belt, hosts several copper-gold porphyry deposits at various stages of development, including Filo del Sol (Filo Mining), Josemaria (Lundin Mining), Los Helados (NGEX Minerals/JX Nippon), La Fortuna (Teck Resources/Newmont) and El Encierro (Antofagasta/Barrick Gold).

Valeriano hosts a large copper-gold porphyry deposit overlain by a near-surface oxidized epithermal gold deposit. In 2022, Atex completed the company's first limited drill test of the copper-gold porphyry system that is now being followed up with campaign of directional drilling to extend the high-grade trend, test new targets and expand the mineralized envelope.

We seek Safe Harbor.

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