Bullboard - Stock Discussion Forum Atex Resources Inc V.ATX

Alternate Symbol(s): ECRTF

Metals & Mining Gold

ATEX Resources Inc. 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. This emerging belt, informally referred to as the Link Belt, hosts several copper gold porphyry deposits at various stages of development... see more

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TSXV:ATX - Post Discussion

Atex Resources Inc > ATEX Announces US$15 Million Credit Facility

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Post by Betteryear2 on Jul 12, 2023 4:18pm

ATEX Announces US$15 Million Credit Facility

Toronto, Ontario--(Newsfile Corp. - July 12, 2023) - ATEX Resources Inc. (TSXV: ATX) ("ATEX" or the "Company") is pleased to announce that it has entered into a credit agreement (the "Credit Agreement") for the establishment of a US$15 million unsecured credit facility (the "Facility") from a group led by existing strategic shareholders Firelight Investments LLC ("Firelight") a company controlled by Pierre Lassonde (an insider of the Company), Beedie Investments Ltd. ("Beedie") and other arm's length parties (collectively with Firelight and Beedie, the "Lenders"). The Facility will provide ATEX additional financial flexibility to fund the Company's ongoing work programs and provide general working capital.

ATEX Announces US$15 Million Credit Facility with Strategic Shareholders (newsfilecorp.com)

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