ATEX Provides Corporate Update Internal Appointment of Country Manager and Vice-president of Sustainability
ATEX Provides Corporate Update
Internal Appointment of Country Manager and Vice-president
of Sustainability
Toronto, Ontario--(Newsfile Corp. - November 14, 2025) -
ATEX Resources Inc.
(
TSXV: ATX)
(OTCQB: ATXRF
) ("
ATEX
" or the "
Company
") is pleased to announce that Dr. Felipe Machado
Pinheiro has been promoted to the position of Country Manager and Vice President of Sustainability
from General Manager & Director of Sustainability effective immediately.
"Since Felipe joined ATEX over a year ago, he has made meaningful contributions across the
organization, and we look forward to his continued leadership as we advance our strategy"
,
commented Ben Pullinger, President and CEO.
"With two decades of experience at the intersection of
strategic management, community engagement, and environment, Felipe offers a depth of
perspective on ESG that is increasingly critical to our business. He has effectively directed ATEX's
sustainability strategy and provides oversight over our South American team and operations. In this
elevated role, Felipe will continue to contribute to the Company's long-term growth trajectory."
In addition, the Company announces the following management appointments:
Pablo Morelli, Senior Director of Exploration;
Fabian Figueroa, Director of Exploration; and
Hernan Rodriguez, Director of Operations.
ATEX also announces the grant of 500,000 stock options to certain employees of the Company. Each
stock option entitles the holder to acquire one ATEX common share at an exercise price of $2.60 within
a five-year period and will vest one third on each of the first, second and third anniversaries of the grant
date in accordance with the Company's Stock Option Plan.
About ATEX
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 (Lundin Mining/BHP), Josemaria (Lundin Mining/BHP), Lunahausi
(NGEx Minerals), La Fortuna (Teck Resources/Newmont) and El Encierro (Antofagasta/Barrick).
Valeriano hosts a large, high-grade, copper-gold porphyry Mineral Resource: an Indicated Resource of
475 Mt at 0.88% CuEq (0.58% Cu, 0.25 g/t Au, 1.39 g/t Ag and 70.4 g/t Mo) at a cutoff grade of 0.35%
Cu, and an Inferred resource of 1,511 Mt at 0.75% CuEq (0.50% Cu, 0.20 g/t Au, 1.16 g/t Ag and 70.6
g/t Mo) at a cut-off grade of 0.35% Cu, as reported on September 23, 2025.
For further information, please contact:
Ben Pullinger,
President and CEO
Email:
Aman Atwal,
Vice President, Business Development and Investor Relations
Email:
1-647-398-9405
or visit ATEX's website at
www.atexresources.com
.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:
This news release contains forward-looking statements, including predictions, projections, and
forecasts. Often, but not always, forward-looking statements can be identified by the use of words such
as "plans", "planning", "expects" or "does not expect", "continues", "scheduled", "estimates",
"forecasts", "intends", "potential", "anticipates", "does not anticipate", or describes a "goal", or variation
of such words and phrases or state that certain actions, events or results "may", "could", "would", "might"
or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks,
future events, conditions, uncertainties and other factors which may cause the actual results,
performance or achievements to be materially different from any future results, prediction, projection,
forecast, performance or achievements expressed or implied by the forward-looking statements.
Such forward-looking statements include, among others: statements regarding the consolidation of an
evolving and highly prospective new copper district; statements regarding collaboration and partnership
in this new district; statements regarding plans for the evaluation of exploration properties including the
Valeriano Copper Gold Project; the success of evaluation plans; the success of exploration activities
especially to the significant expansion of the high-grade corridor; mine development prospects; potential
for future metals production; changes in economic parameters and assumptions; all aspects related to
the timing and extent of exploration activities, including the Phase V and Phase VI programs
contemplated in this press release; timing of receipt of exploration results; the interpretation and actual
results of current exploration activities and mineralization; changes in project parameters as plans
continue to be refined; the results of regulatory and permitting processes; future metals price; possible
variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; labour
disputes and other risks of the mining industry; the results of economic and technical studies; delays in
obtaining governmental and local approvals or financing or in the completion of exploration; timing of
assay results; as well as those factors disclosed in ATEX's publicly filed documents.
Although ATEX has attempted to identify important factors that could cause actual actions, events or
results to differ materially from those described in forward-looking statements, there may be other factors
that cause actions, events or results not to be as anticipated, estimated or intended. There can be no
assurance that forward-looking statements will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements.
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accepts
responsibility for the adequacy or accuracy of the content of this news release.
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