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Aton Resources|Xinhai Mining Services|Egypt|Hamama|Mining
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aton-resources|xinhai-mining-services|egypt|hamama|mining

Aton closes C$4m private placement

13th August 2026

By: Sabrina Jardim

Senior Online Writer

     

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TSX-V-listed Aton Resources has closed its previously announced nonbrokered private placement of about 7.62-million shares at a price of C$0.53 apiece to Xinhai Mining Services for total gross proceeds of C$4-million.

The proceeds of the placement will be applied to further exploration and development activities at Aton’s Hamama project, in Egypt, general and administrative expenses.

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Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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