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ATX.TO ·

ATEX Announces 2025 AGM Results

Shareholder Meetings

ATEX Announces 2025 AGM Results

Toronto, Ontario--(Newsfile Corp. - May 7, 2025) -

ATEX Resources Inc. (TSXV: ATX)

("

ATEX

" or the

"

Company

") is pleased to announce the results of its Annual General and Special Meeting (the

"

Meeting

") of its shareholders held online on Wednesday, May 7, 2025. All of the motions set out in

ATEX's Notice of Annual General and Special Meeting and Management Information Circular dated

April 1, 2025 were overwhelmingly approved by ATEX shareholders at the Meeting as further described

below.

A total of 182,773,800 votes were cast by holders of ATEX common shares, representing 65.90% of the

total outstanding shares entitled to vote at the Meeting. The detailed voting results of the Meeting are as

follows:

Number of Directors

% For

% Against

Number of Directors to be set at six

100.00%

0.00%

Election of Directors

% For

% Withheld

Craig Nelsen

93.92%

6.08%

Benjamin Pullinger

99.47%

0.53%

Alejandra Wood

97.63%

2.37%

Jamile Cruz

99.30%

0.70%

Chris Beer

99.99%

0.01%

Rick McCreary

99.99%

0.01%

Appointment of Auditor

% For

% Withheld

To re-appoint McGovern Hurley LLP, Chartered Accountants, as the

Company's auditor for the ensuing year and to authorize the

directors to fix their remuneration

99.99%

0.01%

Approval of Stock Option Plan

% For

% Against

Passing an ordinary resolution approving the Company's stock

option plan for the ensuing year

98.18%

1.82%

Approval of Restricted Share Unit Plan

% For

% Against

Passing an ordinary resolution approving the Company's restricted

share unit plan for the ensuing year

98.15%

1.85%

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 Gold).

The Valeriano Project hosts a large copper gold porphyry mineral resource: 1.41 billion tonnes at 0.67%

CuEq (0.50% Cu, 0.20 g/t Au, 0.96 g/t Ag and 63.80 g/t Mo), which includes a higher-grade core totaling

200 million tonnes at 0.84% CuEq (0.62% Cu, 0.29 g/t Au 1.25 g/t Ag and 55.7 g/t Mo), as reported by

ATEX on September 12, 2023

i

.

For further information, please contact:

Ben Pullinger,

President and CEO

Email:

[email protected]

Aman Atwal,

Vice President, Business Development and Investor Relations

Email:

[email protected]

1-647-398-9405

or visit ATEX's website at

www.atexresources.com

.

Neither the TSX Venture Exchange nor its regulation services provider has reviewed or

accepts

responsibility for the adequacy or accuracy of the content of this news release.

i

See NI 43-101 technical report titled "Independent Technical Report for the Valeriano Copper-Gold Project, Atacama Region, Chile" by Joled

Nur, CCCRRM-Chile, and David Hopper, CGeol, with an effective date of September 1, 2023, filed at

www.sedarplus.ca

on October 25, 2023, for

additional details on the 2023 Mineral Resource Estimate for the Valeriano project.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/251214