Aton Resources Inc. announces that it has entered into an additional bridge loan with OU Moonrider , a significant shareholder of the Corporation. The Loan The Corporation has borrowed C$2,000,000 from Moonrider, which Loan is repayable on the earlier of six months from closing, on the occurrence of various standard events of default, or on the closing of any debt or equity financing by the Corporation in an amount in [...]
Aton Resources Inc. is pleased to announce the appointment of Assem Soliman as a director of the Company, effective immediately. Mr. Soliman is an Egyptian business entrepreneur with vast experience in the fields of investment banking and capital markets. Mr. Soliman has founded numerous businesses in Egypt and has extensive relationships with investors in the MENA region. Mr. Soliman holds a B.A. of Management Sciences [...]
Aton Resources Inc. announces that it has entered into a bridge loan facility with Ou Moonrider , a significant shareholder of the Corporation. The Facility Pursuant to the Facility, the Corporation may borrow up to C$1,000,000 from Moonrider, which Facility is repayable on the earlier of six months from closing, on the occurrence of various standard events of default, or on the closing of any debt or equity financing by [...]
Aton Resources Inc. announces that Mark Campbell, Director, President & Chief Executive Officer, has advised the Corporation that after 12 years with Aton he is retiring from all positions held with the Corporation as of March 31, 2021. Mr. Campbell will continue to be available to provide ongoing input and support to the Corporation in the future, as well as assisting with a smooth transition to new management. Bill [...]
Aton announces that it has entered into a bridge loan facility with Ou Moonrider, a significant shareholder of the Corporation. Pursuant to the Facility, the Corporation may borrow up to C$400,000 from Moonrider, which Facility is repayable on the earlier of six months from closing, on the occurrence of various standard events of default, or on the closing of any debt or equity financing by the Corporation in an amount in [...]
Aton Resources Inc. is pleased to announce the appointment of Dr. Sherif Sousa as its new Egypt Country Manager. Dr. Sousa has had a storied career in Egypt's oil & gas and mining industries over the past 40 years. Amongst his many achievements, Dr. Sousa was the first Chairman of the Egyptian Mineral Resources Authority , from 2004 to 2006 and was instrumental in the agreement and development of Centamin's Sukari gold [...]
Aton Resources Inc. is pleased to share the thoughts of its President and CEO Mark Campbell on 2020, and the Company’s plans for 2021. “The year 2020 has been a challenging one, to say the least, for the whole world as well as for Aton, and I for one am glad that it is in our rear view mirror! It was certainly a very frustrating year for our shareholders and employees, as so many issues arose due to COVID-19, which were [...]
Aton Resources Inc. is pleased to share an update from its President and CEO Mark Campbell on the appointment of a new Chief Financial Officer, Bennett Liu. Aton reports that its CFO of seven years, Justin Blanchet, has stepped down to focus on his position as CFO of an intermediate gold producer and that it has appointed Bennett Liu to replace him with immediate effect. Mr. Liu has considerable experience in the areas of [...]
Aton Resources Inc. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement . In the first tranche, a total of 400,000 units were issued at $0.40 per Unit, for proceeds of $160,000. Each Unit consists of one common share and one half of a share purchase warrant . Each Warrant will entitle the holder to purchase an additional common share at $0.80 for a period [...]
Aton Resources Inc. is pleased to share an update from its President and CEO Mark Campbell on the Company’s plans. “It is with great pleasure that I finally have something to say to all of our shareholders. It may have seemed to have been a very long road - and it has! But the fact that we have been able to attract a strong financial strategic partner like MEDAF, will prove to be worth the wait. “Now what everyone wants [...]
Aton Resources Inc. is pleased to announce further to its news release of July 29, 2020 that it has received subscriptions for the purchase of 17,915,000 units at a price of $0.40 per Unit for gross proceeds of $7,166,000. Each Unit consists of one common share and one half of a share purchase warrant . Each Warrant will entitle the holder to purchase an additional common share at $0.80 for a period of three years from [...]
Aton Resources Inc. announces further to its news releases of July 29, 2020 and September 2, 2020, the consolidation of its common shares at a ratio of ten pre-consolidation Common Shares to one post-consolidation Common Share will be effected at 12:01 a.m. on Monday, September 21, 2020 . The post-consolidation Common Shares will be posted for trading on the TSX Venture Exchange at the opening of trading on the Effective [...]
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