Aton Resources Announces Extension of Non-Brokered Private Placement of up to $3 .0 Million
Not for distribution to United States newswire services or for dissemination in the United States.
FOR IMMEDIATE RELEASE
ATON RESOURCES ANNOUNCES EXTENSION OF NON-BROKERED PRIVATE PLACEMENT OF UP TO $3 .0
MILLION
May 15, 2018 (Vancouver, British Columbia) Aton Resources Inc. (TSX-V: AAN ) (the “ Corporation” or
“Aton”) today announces that, further to its press release dated May 9, 2018, it intends to extend its non-
brokered private placement f inancing of up to 66,700,000 units (the “Units”) at $0.045 per U nit for total
proceeds of up to $3,001,500 (the “ Offering”). Each Unit will consist of one common share in the capital
of the Corporation (a “Common Share”) and one half of one common share purchase warrant (each whole
warrant a “Warrant”). Each Warrant will be transferable and will entitle the holder to acquire one
Common Share for five years from the c losing d ate at a price of $ 0.08. The closing of the Offering is
expected to occur on or about May 22 , 2018, and is subject to TSXV approval. The net proceeds from the
Offering will be used to fund continued exploration and development activities at Aton’s 100% owned
Abu Marawat concession, located in Egypt, including advancing its Rodruin discovery, completing it s study
in support of a commercial discovery at its Hamama project, and furthering it s regional drilling program.
“As we have gone over a weekend, we want to give everyone time to be able to get their orders in ,” stated
Mark Campbell, President and CEO. “The path to achieving one of our goals, obtaining a 20 -year mining
license at Hamama, along with our exploration extension to be able to develop the potentially substantial
Rodruin prospect, are very exciting developments for Aton and our shareholders.”
Additional Terms
All securities issued pursuant to the Offering will be subject to a four-month hold period from the date of
issuance under applicable Canadian securities laws. The Corporation may pay certain finders fees on
certain of the gross proceeds raised from the sales of Shares pursuant to the Offering , yet to be
determined and subject to the approval of the TSX V.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities
in the United States. The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the “ U.S. Securities Act”) or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act
and applicable state securities laws or an exemption from such registration is available.
About Aton Resources Inc. :
Aton Resources Inc. (AAN: TSX -V) is focused on its 100% owned Abu Marawat concession, located in
Egypt’s Arabian- Nubian Shield, approximately 400km north of Centamin’s Sukari gold mine. Aton has
Suite 1700 – 666 Burrard Street, Vancouver, BC V6C 2X8 www.atonresources.com
identified a 40km long gold trend at Abu Marawat, anchored by the Hamama project in the west and the
Abu Marawat gold deposit in the east. In addition to the Hamama project and the Abu Marawat gold
deposit, the trend contains numerous gold exploration targets, including two historic gold mines. Abu
Marawat is over 738 sq. km in size and is located in an area of excellent infrastructure, a four-lane highway,
railway line, a 220kV power line and a water pipeline are in c lose proximity.
For further information regarding Aton Resources Inc., please visit us at www.atonresources.com or
contact:
Mark Campbell
President and Chief Executive Officer
Tel: +20227377274
Email: [email protected]
Qualifying Person:
Rick Cavaney is Aton Resource’s Vice President of Exploration . He has over forty -five years of experience
in the mining industry and was formally an exploration manager with Centamin at Sukari and Abu
Marawat for eight years. As a fellow of the Australian Institute of Mining and Metallurgy (Aus.I.M.M), Mr.
Cavaney is a competent person under the Joint Ore Resources committee (JORC) Code and is a qualified
person, as such term is defined in NI 43 -101 of the Canadia n Securities Administrators, and he has
reviewed and approved this release.
ON BEHALF OF THE BOARD OF ATON RESOURCES INC.
Mark W. Campbell
President & CEO
Cautionary 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 ant icipated 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.