Northwire Canada EditionThursday, November 12, 2026
Northwire
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Gold 3,942.40 −1.4% Silver 50.96 −2.0% Copper 6.20 −1.4% Oil 87.37 +1.0% Palladium 1,005.00 −3.9% NAU 0.530 −1.9% AHR 0.920 −1.1% VLD 0.400 +0.0% CPER 0.020 +0.0% STND 0.060 +0.0% SAU 0.140 +0.0% CAMB 0.600 +0.0% TUO 1.46 −1.4% ANK 0.330 −1.5% SLG 5.92 −5.1% NMC 0.490 −3.9% CDB 0.275 +0.0% TIGR 0.610 −4.7% PPP 0.610 +0.0% TK 0.375 +7.1% IE 10.62 −2.0% Gold 3,942.40 −1.4% Silver 50.96 −2.0% Copper 6.20 −1.4% Oil 87.37 +1.0% Palladium 1,005.00 −3.9% NAU 0.530 −1.9% AHR 0.920 −1.1% VLD 0.400 +0.0% CPER 0.020 +0.0% STND 0.060 +0.0% SAU 0.140 +0.0% CAMB 0.600 +0.0% TUO 1.46 −1.4% ANK 0.330 −1.5% SLG 5.92 −5.1% NMC 0.490 −3.9% CDB 0.275 +0.0% TIGR 0.610 −4.7% PPP 0.610 +0.0% TK 0.375 +7.1% IE 10.62 −2.0%
Financings

Atex accelerates warrant expiry date to Feb. 20

ATX · Price

Executive Summary

  • Atex Resources Inc. has accelerated the expiry date of its outstanding common share purchase warrants to February 20, 2026.
  • The acceleration was triggered after the company's shares traded at a volume-weighted average price (VWAP) of at least $3.00 for 20 consecutive trading days, satisfying the terms of the warrant agreement.
  • Full exercise of the accelerated warrants would generate approximately $52.6 million in gross proceeds for the company.

Key Details

  • Warrants Accelerated: 21,057,477 common share purchase warrants originally issued on November 1, 2024.
  • Exercise Price: $2.50 per common share.
  • New Expiry Date: February 20, 2026.
  • Acceleration Trigger: Common shares traded at a VWAP of at least $3.00 on the TSX Venture Exchange for 20 consecutive trading days.
  • Potential Gross Proceeds: ~$52.6 million if all warrants are exercised.
  • Cancellation Terms: Any unexercised warrants will be cancelled for no additional consideration following the new expiry date.
  • Original Warrant Terms: Exercisable until November 1, 2029, subject to the accelerated expiry date.
  • Project Context: Atex is exploring the Valeriano copper-gold project in Chile's Atacama region, hosting an indicated resource of 475 million tonnes at 0.88% CuEq and an inferred resource of 1,511 million tonnes at 0.75% CuEq.
Read the original news release →

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