ATEX Announces 2025 AGM Results

Toronto, Ontario--(Newsfile Corp. - May 7, 2025) - ATEX Resources Inc. (TSXV: ATX) ("ATEX" or the "Company") is pleased to announce the results of its Annual General and Special Meeting (the "Meeting") of its shareholders held online on Wednesday, May 7, 2025. All of the motions set out in ATEX's Notice of Annual General and Special Meeting and Management Information Circular dated April 1, 2025 were overwhelmingly approved by ATEX shareholders at the Meeting as further described below.

A total of 182,773,800 votes were cast by holders of ATEX common shares, representing 65.90% of the total outstanding shares entitled to vote at the Meeting. The detailed voting results of the Meeting are as follows:

Number of Directors	% For	% Against
Number of Directors to be set at six	100.00%	0.00%
Election of Directors	% For	% Withheld
Craig Nelsen	93.92%	6.08%
Benjamin Pullinger	99.47%	0.53%
Alejandra Wood	97.63%	2.37%
Jamile Cruz	99.30%	0.70%
Chris Beer	99.99%	0.01%
Rick McCreary	99.99%	0.01%
Appointment of Auditor	% For	% Withheld
To re-appoint McGovern Hurley LLP, Chartered Accountants, as the Company's auditor for the ensuing year and to authorize the directors to fix their remuneration	99.99%	0.01%
Approval of Stock Option Plan	% For	% Against
Passing an ordinary resolution approving the Company's stock option plan for the ensuing year	98.18%	1.82%
Approval of Restricted Share Unit Plan	% For	% Against
Passing an ordinary resolution approving the Company's restricted share unit plan for the ensuing year	98.15%	1.85%

 

About ATEX

ATEX is exploring the Valeriano Copper-Gold Project which is located within the emerging copper gold porphyry mineral belt linking the prolific El Indio High-Sulphidation Belt to the south with the Maricunga Gold Porphyry Belt to the north, located in the Atacama Region, Chile. This emerging belt, informally referred to as the Link Belt, hosts several copper gold porphyry deposits at various stages of development including, Filo del Sol (Lundin Mining/BHP), Josemaria (Lundin Mining/BHP), Lunahausi (NGEx Minerals), La Fortuna (Teck Resources/Newmont) and El Encierro (Antofagasta/Barrick Gold). The Valeriano Project hosts a large copper gold porphyry mineral resource: 1.41 billion tonnes at 0.67% CuEq (0.50% Cu, 0.20 g/t Au, 0.96 g/t Ag and 63.80 g/t Mo), which includes a higher-grade core totaling 200 million tonnes at 0.84% CuEq (0.62% Cu, 0.29 g/t Au 1.25 g/t Ag and 55.7 g/t Mo), as reported by ATEX on September 12, 2023ⁱ.

For further information, please contact:

Ben Pullinger,
President and CEO
Email: [e-mail]

Aman Atwal,
Vice President, Business Development and Investor Relations
Email: [e-mail]

1-647-398-9405
or visit ATEX's website at www.atexresources.com.

Neither the TSX Venture Exchange nor its regulation services provider has reviewed or accepts
responsibility for the adequacy or accuracy of the content of this news release.

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ⁱ See NI 43-101 technical report titled "Independent Technical Report for the Valeriano Copper-Gold Project, Atacama Region, Chile" by Joled Nur, CCCRRM-Chile, and David Hopper, CGeol, with an effective date of September 1, 2023, filed at www.sedarplus.ca on October 25, 2023, for additional details on the 2023 Mineral Resource Estimate for the Valeriano project.

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