ATEX Announces Grant of Stock Options

ATEX Resources Inc., 25 Adelaide Street East, Suite 1900, Toronto, Ontario M5C 3A1

ATEX Announces Grant of Stock Options

TORONTO, ONTARIO, June 16 , 202 2 - ATEX Resources Inc. (TSXV:ATX) ("ATEX")

announces that it granted an aggregate of 1,035,000 stock options with 600,000 granted to

directors and officers of ATEX and 435,000 granted to employees and consultants. Each option

entitles the holder to acquire one ATEX common share at an exercise price of $0. 72 until June

16, 2027.

About ATEX Resources Inc.

ATEX is a mineral exploration company focused on the acquisition, development and

monetization of projects throughout the Americas. ATEX’s flagship Valeriano Copper Gold

Porphyry Project is located i mmediately north of the E l Indio Mineral Belt in Atacama Region,

Chile.

For further information, please contact:

Raymond Jannas,

President and CEO

Email: [email protected]

Ben Pullinger

Senior Vice President Exploration and Business Development

Email: [email protected]

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.