TSX-V-listed Aton Resources has announced that it is initiating a nonbrokered private placement to generate potential proceeds of up to C$3-million. The net revenue obtained from the private placement will be allocated for the continuation of exploration and development activities within Aton's Rodruin and Hamama concessions in Egypt, as well as for general operational capital purposes.
TSX-V-listed Aton Resources has announced that it is initiating a nonbrokered private placement to generate potential proceeds of up to C$3-million.
A notable shareholder of the corporation, OU Moonrider, has proposed to settle an outstanding debt of more than C$6.3-million through the issuance of common shares.
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