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ATEX Announces Formation of Advisory Committee

Management Changes

ATEX Announces Formation of Advisory Committee

VANCOUVER, British Columbia, July 11, 2019 - ATEX Resources Inc. (TSXV:ATX) ("ATEX")

is pleased to announce the establishment of an Advisory Committ ee to provide guidance to the

Board of Directors and management on strategic issues affecting ATEX. The Advisory

Committee members are Dr. Albrecht Schneider, Dr. Raymond Janna s, Antonio Ortuzar V. and

Kevin MacLean.

“The establishment of a strong Advisory Committee is a step for ward towards developing ATEX

into a significant Americas-focused minerals explorer,” stated Carl Hansen, CEO of ATEX.

“Collectively, the committee members bring a wealth of diverse expertise from a range of

relevant fields which we will leverage as we identify, acquire, explore and develop projects in

Latin America.”

The Chairman of the Advisory Committee is Albrecht Schneider, P h.D. (Imperial College,

London University), a geologist with 40 years’ experience in th e mining and mineral exploration

industry. Dr. Schneider was the Chairman of Atacama Pacific Go ld from its formation in 2011

until the company was sold to RIO2 in 2018. Prior to Atacama, he was a consultant to Andina

Minerals, Senior VP of Exploration of TVX Gold and acted as a c onsultant for numerous major

mining companies including Antofagasta, TVX Normandy Americas, Newmont Mining, Kinross

Gold and Gold Fields. Over the course of his career, Dr. Schne ider has been instrumental in

the discovery of a number precious metals deposits in Chile inc luding Cerro Maricunga, Volcan

and Salares Norte as well as leading the teams outlining the As acha and Zolotoe deposits in

Russia, the Kasperske Hory deposit in the Czech Republic and th e Skouries deposit in Greece.

Dr. Schneider is currently the President of SBX Consultores, a geological consulting firm in

Santiago, Chile and is a director of RIO2.

Raymond Jannas, Ph.D. (Harvard University) has over 35 years’ e xperience in mining geology,

exploration and business development focused in Latin America i n addition to world-wide

project generation. Dr. Jannas headed the exploration teams that led to the discove ry of

Pascua-Lama, El Morro and Johanna in Chile, and Choco 10 in Ven ezuela, as well as the

acquisition of Cerro Corona in Peru. He has held senior positi ons with Gold Fields, Barrick

Gold, LAC Minerals, Hochschild Mining, Metallica Resources, St. Joe Minerals, Rosario

Resources and Minera Fuego. Currently, Dr. Jannas is President of Gexca Ltda., a Chilean-

based consulting company and is Par tner/Advisor to Minera Santa Enma as well as serving on

the board of directors of two TSXV-listed companies.

Antonio Ortuzar V. is the Managing Partner for Servicios Legale s Baker McKenzie SpA.,

Santiago and is the leader of the Global Mining Group for Baker McKenzie LLP. Mr. Ortuzar

has extensive experience in all aspects of mining and natural r esources project development

and financing, mergers & acquisitions, securities and capital m arkets. He represents mining

clients in all stages of their projects from “greenfield” to “b rownfield”, including acquisition,

financing, exploitation, operation and closure.

Kevin MacLean, CFA, P.ENG., has over 30 years’ experience speci alizing in precious metals

and mining investments. He was the Senior Portfolio Manager heading the resource investment

team at Sentry Investments until 2017 with peak assets under managem ent of approximately $2

billion. M r . M a cLean received 13 Lipper Awards over multiple time periods for b est risk-

adjusted returns in the gold mining sector and was the recipien t of 7 Brendan Wood

International Top Gun awards for recognition of being a leading mind in the gold mining sector.

Currently, Mr. MacLean works as a strategic consultant to mining companies.

About ATEX Resources Inc.

ATEX is a mineral exploration co mpany focused on the acquisitio n, development and

monetization of projects throughout the Americas.

On behalf of ATEX Resources Inc.,

Carl Hansen, CEO

For more information, email [email protected] or call 604 684 7160.

Forward Looking Information

This new release may contain forward-looking st atements. These statements are based on current

expectations and assumptions that are subject to ri sks and uncertainties. Ac tual results could differ

materially because of factors discussed in the management discussion and analysis section of our interim

and most recent annual finan cial statement or other reports and f ilings with the TSX Venture Exchange

and applicable Canadian securities regulations. We do not assume any obligation to update any forward-

looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press

release.