Aton Closes CAD$4 Million Private Placement
Aton Closes CAD$4 Million Private Placement
VANCOUVER, BC / ACCESS Newswire / August 12, 2026 / Aton Resources Inc. (TSXV:AAN) ("Aton" or
the "Company") announces that it has closed its previously announced non-brokered private placement
for total gross proceeds of CAD$4,000,000 by the issuance of 7,619,048 common shares at a price of
CAD$0.525 per share to Xinhai Mining Services Limited (the "Placement"). The proceeds of the
Placement will be applied to further exploration and development activities at Aton's Hamama project
and to general and administrative expenses.
Finders' fees of CAD$200,000 cash and 380,952 finder's warrants (the "Finder's Warrants") were paid to
Bright Mega International Limited. Each non-transferable Finder's Warrant entitles the holder to purchase
one common share of the Company at a price of $0.525 per share for a period of two years from closing.
The securities issued pursuant to the Placement will be subject to a four-month hold period expiring
December 13, 2026.
The securities of Aton Resources Inc. have not been registered under the United States Securities Act of
1933, as amended, and may not be oƯered or sold within the United States or to the account or benefit of
any U.S. person.
About Aton Resources Inc.
Aton Resources Inc. (TSXV:AAN) is focused on its 100% owned Abu Marawat Concession ("the
Concession"), located in Egypt's Arabian-Nubian Shield, approximately 200 km north of AngloGold
Ashanti's world-class Sukari gold mine. Aton has identified numerous gold and base metal exploration
targets at the Concession, including the Hamama deposit in the west, the Abu Marawat deposit in the
northeast, and the Rodruin deposit in the south of the Concession. Two historic British gold mines are
also located on the Concession at Semna and Sir Bakis. Aton has identified several distinct geological
trends within the Concession, which display potential for the development of a variety of styles of
precious and base metal mineralisation. The Abu Marawat exploitation lease is 57.66 km2 in size,
covering the Hamama West and Rodruin mineral deposits, and was established In January 2024 and is
valid for an initial period of 20 years. The Concession also includes an additional 255.0 km2 of
exploration areas, retained for a further period of 4 years from January 2024. The Concession 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:
TONNO VAHK
Chief Executive OƯicer Tel: +1 604 318 0390
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 diƯer 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.
SOURCE: Aton Resources, Inc.