Source: ATEX Resources.
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  • ATEX Resources (ATX) has upsized its private placement offering to $10,800,000
  • 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 Resources Inc. is down 9.23 per cent, trading at C$0.59 per share as of 4pm ET

ATEX Resources (ATX) has upsized its previously announced private placement offering from $9,000,000 to $10,800,000.

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

ATEX Resources Inc. is down 9.23 per cent, trading at C$0.59 per share as of 4pm ET.


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