Aton announces additional bridge loan draw
FOR IMMEDIATE RELEASE
Aton announces additional bridge loan draw
Vancouver, June 9, 2020: Aton Resources Inc. (AAN: TSX -V) ("Aton" or the "Corporation") announces that
further to its news releases of December 17, 2019 and February 27, 2020, it has drawn an additional $77,000
pursuant to its bridge loan facility (the "Facility") with Ou Moonrider ("Moonrider"). The proceeds of the Facility
will be used by the Corporation to fund further work at its Abu Marawat Concession, and for general working
capital purposes.
In connection with this draw, Moonrider has been issued 1,540,000 non-transferable warrants exercisable for
one common share at a price of $0.05 per warrant with an expiration date of June 9, 2021. The Corporation
has now fully drawn down the $300,000 available to it under the Facility and has issued a total of 6,000,000
non-transferable warrants to Moonrider.
About Aton Resources Inc.
Aton Resources Inc. (AAN: TSX-V) is focused on its 100%
owned Abu Marawat Concession ( "Abu Marawat "),
located in Egypt 's Arabian-Nubian Shield, approximately
200 km north of Centamin's world-class Sukari gold mine.
Aton has identified numerous gold and base metal
exploration targets at Abu Marawat, including the
Hamama deposit in the west, the Abu Marawat deposit in
the northeast, and the advanced Rodruin exploration
prospect in the south of the Concession. T hree historic
British mines are also located on the Concession at Sir
Bakis, Semna and Abu Garida. Aton has identified several
distinct geological trends within Abu Marawat, which
display potential for the development of a variety of styles
of precious and base metal mineralisation. Abu Marawat
is over 596 km2 in size and is located in an area of
excellent infrastructure; a four -lane highway, a 220kV
power line, and a water pipeline are in close proximity, as
are the international airports at Hurghada and Luxor.
For further information regarding Aton Resources Inc.,
please visit us at www.atonresources.com or contact:
MARK CAMPBELL
President and Chief Executive Officer
Tel: +202-27356548
Email: [email protected]
Note Regarding Forward-Looking Statements
Some of the statements contained in this release are forward-looking statements. Since forward-looking statements
address future events and conditions; by their very nature they involve inherent risks and uncertainties. Actual results
in each case could differ materially from those currently anticipated in such statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.