ATEX Resources Secures Funding Through Private Placement
Company Announcements

ATEX Resources Secures Funding Through Private Placement

ATEX Resources Inc (TSE:ATX) has released an update.

ATEX Resources Inc. has successfully completed a private placement, raising C$500,000 by issuing 337,837 common shares to their new board member, Chris Beer. The funds will support further exploration at the Valeriano Copper Gold Project and for general corporate purposes. The placement, involving a related party transaction with Beer, adheres to regulatory exemptions and is accompanied by a four-month hold period on the newly issued shares.

For further insights into TSE:ATX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskATEX Resources Gains Strategic Investment from Agnico Eagle
TipRanks Canadian Auto-Generated NewsdeskATEX Resources Grants Stock Options and Explores in Chile
TipRanks Canadian Auto-Generated NewsdeskATEX Resources Secures Strategic Investment from Agnico Eagle
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App