ATEX Announces Grant of Stock Options and RSUs

Company Announcements - ATEX Resources Inc. has granted 498,487 restricted share units (RSUs) and 430,000 stock options to certain officers, directors, and employees [1] - Each stock option allows the holder to acquire one ATEX common share at an exercise price of CAD$1.43 within a five-year period [1] - Of the granted RSUs, 244,755 are subject to a two-year vesting period, while the remaining 253,732 RSUs will vest over three years [1] Financial Updates - ATEX has received an additional CAD$748,200 from the exercise of common share purchase warrants between May 15, 2024, and May 24, 2024 [1] - During this period, a total of 2,121,000 warrants were exercised [1] Project Overview - ATEX is exploring the Valeriano Copper Gold Project, located within the emerging copper gold porphyry mineral belt known as the Link Belt [2] - The Valeriano project hosts a large copper gold porphyry resource of 1.41 billion tonnes at 0.67% CuEq, which includes a higher-grade core of 200 million tonnes at 0.84% CuEq [2]