Atex announces closing of strategic investment by agnico eagle and final settlement of credit facility

Toronto, ontario--(newsfile corp. - november 1, 2024) - atex resources inc. (tsxv: atx) ("atex" or the "company") is pleased to announce the closing of the previously announced us$40 million strategic investment by agnico eagle mines limited (nyse: aem) (tsx: aem) ("agnico") on a private placement basis ("offering"), the concurrent settlement of the company's us$15 million credit facility and a c$500,000 equity investment by a recently appointed atex director. under the offering, agnico acquired 33,869,939 units ("units") of the company consisting of one common share (a "common share") and one-half of one common share purchase warrant (each whole warrant, a "warrant"), at a price of c$1.63.
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