FOR IMMEDIAT E RELEASE Aton Announces Grant of Stock Options

FOR IMMEDIAT E RELEASE

Aton Announces Grant of Stock Options

Vancouver, British Columbia, February 5, 202 4: Aton Resources Inc. (AAN: TSX-V) announces that it has

granted 300,000 stock options to Chief Operating Officer, Robert Parr, at an exercise price of $0.285 per option

and expiring five years from the date of issuance.

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 Rodruin deposit in the south of the Concession. Two historic British

gold mines are also located on the Concession at Se mna and Sir Bakis. 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. The Abu Marawat exploitation lease is 57.66 km 2 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 at Abu Marawat, retained for a further period of 4 years from

January 2024. Abu Marawat 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

Interim CEO

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 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.