Source: ATEX Resources.
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  • ATEX Resources (ATX) has announced a private placement offering for gross proceeds of approximately $9,000,000
  • Each unit, priced at $0.62 will be made up of one common share and one half of one common share purchase warrant
  • ATEX intends to use the proceeds from the offering to advance the company’s Valeriano Copper-Gold Project
  • ATEX is a mineral exploration company focused on the acquisition, development and monetization of projects throughout the Americas
  • ATEX Resources Inc. opened trading at C$0.65 per share

ATEX Resources (ATX) has announced a private placement offering for gross proceeds of approximately $9,000,000.

The company has signed an agreement with a syndicate of agents co-led by Desjardins Capital Markets and Paradigm Capital, with Desjardins acting as sole bookrunner.

Each unit, priced at $0.62 will be made up of one common share and one half of one common share purchase warrant. Each whole warrant shall be exercisable to acquire one common share at a price of $1.00 per warrant share for a period of 36 months from the closing of the offering.

ATEX intends to use the proceeds from the offering to advance the company’s Valeriano Copper-Gold Project and for general corporate purposes.

The offering is scheduled to close in the week August 22, 2022.

ATEX is a mineral exploration company focused on the acquisition, development and monetization of projects throughout the Americas.

ATEX Resources Inc. opened trading at C$0.65 per share.


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