ATEX Resources Inc (TSE:ATX) has released an update.
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ATEX Resources Inc. has secured a US$40 million strategic investment from Agnico Eagle Mines, which will boost its exploration activities in Chile and enhance its financial flexibility. The deal includes repaying a US$15 million credit facility via equity, underscoring investor confidence in ATEX’s future projects. With Agnico owning a 13% stake, ATEX is well-positioned for future growth and development.
For further insights into TSE:ATX stock, check out TipRanks’ Stock Analysis page.
