Atex Resources appoints Beer as interim president, CEO

Executive Summary

• Atex Resources Inc. announced that Ben Pullinger has stepped down as President and CEO for personal reasons, effective immediately.
• Board member Chris Beer has been appointed as interim President and CEO, with the board initiating a formal search for a permanent replacement.
• Pullinger will remain with the company for a 90-day transition period, while Beer will focus on maintaining operational momentum and stakeholder engagement at the Valeriano copper-gold project.

Key Details

• Ben Pullinger stepped down as President and CEO for personal reasons; a search for a permanent CEO has commenced.
• Chris Beer, a board member since June 2024, appointed as interim President and CEO.
• Beer brings over 30 years of exploration, capital markets, and institutional investing experience, most recently serving as Managing Director and Senior Portfolio Manager at RBC Global Asset Management.
• Beer currently serves as Chair of Fuerte Metals and Director of Metalla Royalty & Streaming Ltd.
• Pullinger served as CEO since May 2024 (previously SVP since May 2022), during which the company's market capitalization grew to over $1.3 billion.
• Pullinger will remain with Atex for 90 days to assist with the transition.
• The Valeriano copper-gold project is located in Chile's Atacama region within the emerging "Link belt" copper-gold porphyry mineral belt.
• Valeriano hosts an indicated resource of 475 million tonnes at 0.88% copper equivalent (0.58% Cu, 0.25 g/t Au, 1.39 g/t Ag, 70.4 g/t Mo) and an inferred resource of 1,511 million tonnes at 0.75% copper equivalent (0.50% Cu, 0.20 g/t Au, 1.16 g/t Ag, 70.6 g/t Mo), cut-off grade 0.35% CuEq (reported Sept. 23, 2025).

Notable Quotes

• Craig Nelsen, Chair: "The board extends its sincere thanks to Ben for his leadership, hard work and dedication to Atex... We are grateful that Ben has agreed to make himself available to Atex and supporting Chris during this transition as he considers his next opportunity."
• Ben Pullinger, Outgoing CEO: "It has been an incredible opportunity and privilege to contribute to Valeriano's growth from geological curiosity to the largest copper discovery in Chile in over a decade."
• Chris Beer, Interim CEO: "My focus during this transition will be on maintaining momentum at Valeriano, supporting the team and ensuring continuity as the board undertakes a search for a permanent CEO."