ATEX Resources Inc (TSE:ATX) has released an update.
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ATEX Resources Inc. has secured a strategic investment of US$40 million from Agnico Eagle Mines, which will be used for exploration at the Valeriano Copper-Gold Project in Chile. The company also settled a US$15 million credit facility, enhancing its financial position. These moves bolster ATEX’s growth potential, with Agnico now owning a significant stake in the company.
For further insights into TSE:ATX stock, check out TipRanks’ Stock Analysis page.