Mr. Ben Pullinger reports
ATEX ANNOUNCES GRANT OF INCENTIVE STOCK OPTIONS AND RESTRICTED SHARE UNITS
In accordance with Atex Resources Inc.'s stock option plan, it has granted an aggregate of 2,290,870 incentive stock options to employees of which 1,474,650 have been granted to officers. Each option entitles the holder to acquire one Atex common share at an exercise price of $1.63 over a period of five years. In addition, 422,098 restricted share units (RSU) have been granted to directors of the company and will vest on the date of termination of his or her membership on the board. The RSUs were granted in accordance with the company's restricted share unit plan.
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, located in the Atacama region, Chile. 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). The Valeriano project hosts a large copper-gold porphyry mineral resource: 1.41 billion tonnes at 0.67 per cent copper equivalent (0.50 per cent copper, 0.20 gram per tonne gold, 0.96 g/t silver and 63.80 g/t molybdenum), which includes a higher-grade core totalling 200 million tonnes at 0.84 per cent CuEq (0.62 per cent Cu, 0.29 g/t Au, 1.25 g/t Ag and 55.7 g/t Mo), as reported by Atex on Sept. 12, 2023.
We seek Safe Harbor.
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