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Aton Resources|TSX Venture Exchange|Egypt|Hamama|Gold Mining|Arabian-Nubian Shield
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aton-resources|tsx-venture-exchange|egypt|hamama|gold-mining|arabian-nubian-shield

Aton to undertake C$4m private placement

An image of the Egypt flag in the Arabian-Nubian Shield

Aton is focused on its 100%-owned Abu Marawat Concession in Egypt’s Arabian-Nubian Shield

Photo by Reuters

24th July 2026

By: Tasneem Bulbulia

Deputy Editor Online

     

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TSX-V-listed Aton Resources is undertaking a nonbrokered private placement to raise C$4-million through the issue of about 7.62-million common shares.

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

Aton is focused on its 100%-owned Abu Marawat Concession in Egypt’s Arabian-Nubian Shield, where the company has identified numerous gold and base metal exploration targets, including the Hamama deposit in the west.

The placement is subject to the approval of the TSX-V and is expected to close in late July. 

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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