Atex Resources Stock Price, News & Analysis

ATEX (TSXV: ATX; OTCQB: ATXRF) announced corporate updates on November 27, 2025. The company granted 1,994,261 incentive stock options (990,245 to officers) exercisable at $2.60 for five years with one‑third vesting each year for three years. It also granted 262,096 restricted share units to directors (vesting on board departure) and 389,280 RSUs to employees (193,296 to officers) vesting one‑third annually over three years.

ATEX confirmed its common shares are now DTC eligible, enabling electronic clearing and settlement in the U.S. The shares began trading on the OTCQB under ATXRF on September 23, 2025 and continue trading on the TSXV under ATX.

ATEX Resources (TSXV: ATX / OTCQB: ATXRF) announced internal promotions and a stock option grant on November 14, 2025. Dr. Felipe Machado Pinheiro was promoted to Country Manager and Vice‑President of Sustainability, effective immediately, retaining oversight of South American operations and sustainability strategy.

The company also named Pablo Morelli Senior Director of Exploration, Fabian Figueroa Director of Exploration, and Hernan Rodriguez Director of Operations. ATEX granted 500,000 stock options to certain employees exercisable at $2.60 per share for a five‑year period, vesting one‑third on each of the first three anniversaries per the company's Stock Option Plan.

ATEX (TSXV: ATX, OTCQB: ATXRF) filed an NI 43-101 Technical Report effective November 3, 2025 containing an updated Mineral Resource Estimate for the Valeriano copper-gold project in Atacama, Chile. Key MRE highlights include an Indicated 475 Mt at 0.88% CuEq (0.58% Cu, 0.25 g/t Au) and Inferred 1,511 Mt at 0.75% CuEq (0.50% Cu, 0.20 g/t Au) at a 0.35% Cu cut-off.

Notable high-grade zones include the B2B initial Indicated 28.4 Mt at 1.36% CuEq. Phase VI drilling reported hole ATXD25C with 164 m @ 2.72% CuEq including higher-grade intervals. Reported discovery cost is $0.0049/lb Cu and >500,000 oz of inferred gold oxide at surface provide exploration upside.

ATEX Resources (TSXV: ATX • OTCQB: ATXRF) reported initial results from Phase VI hole ATXD25C at the Valeriano copper‑gold project in Atacama, Chile, dated October 21, 2025. ATXD25C returned 164 m of 2.72% CuEq (1.69% Cu, 0.97 g/t Au) including 40 m of 4.73% CuEq (2.76% Cu, 1.88 g/t Au) from 1,558 m downhole. The interval sits inside a broader 528 m of 1.32% CuEq from 1,302 m, and exceeds average grade in the 2025 Mineral Resource estimate for the tested area.

Phase VI is fully operational with six rigs targeting ~25,000 m of drilling to expand the high‑grade B2B Zone and test nearby B2B‑like targets; several follow‑up holes and assays remain pending.

ATEX Resources (OTCQB:ATXRF) has launched Phase VI, its largest exploration program to date at the Valeriano Project in Chile, targeting 25,000 meters of directional diamond drilling. The first drill hole ATXD25C has been completed, intersecting approximately 200 meters of B2B-style mineralization within a broader 492-meter interval.

The program aims to expand the high-grade B2B Zone, which currently contains 28.4 Mt Indicated resources at 1.36% CuEq and 2.6 Mt Inferred at 1.05% CuEq. ATEX is operating with six rigs and commenced drilling six weeks earlier than in 2024, demonstrating improved operational efficiency. The company is also conducting environmental monitoring, engineering studies, and permitting work to support future development.

ATEX Resources (OTCQB:ATXRF) has signed a binding agreement to acquire a strategic 14,550-hectare surface rights package for US$21 million in Chile's Atacama Region. The acquisition includes valuable water rights and covers the Valeriano Copper-Gold Project while extending into neighboring properties owned by Antofagasta Minerals and Codelco.

The company has also expanded its exploration footprint by adding 12,720 hectares of new claims - 10,800 ha west (Juno) and 1,920 ha east (Nueva) of Valeriano, increasing its total exploration holdings by over 300% to 16,515 hectares. The western claims feature an untested hyperspectral alteration anomaly similar to those observed at Valeriano and other regional projects.

This strategic acquisition will eliminate approximately US$450,000 in annual land access payments while generating revenue through existing land access agreements. The company had approximately C$50 million in cash at the time of executing the agreement.

ATEX Resources (OTCQB: ATXRF) announced an updated Mineral Resource Estimate for its Valeriano Project in Chile, establishing it as one of the largest undeveloped copper-gold projects globally. The resource includes 475 million tonnes at 0.88% CuEq Indicated and 1.5 billion tonnes at 0.75% CuEq Inferred.

Key highlights include 6.1 billion pounds of copper Indicated and 16.7 billion pounds Inferred, plus significant gold and silver resources. The high-grade B2B Zone contains 28.4 million tonnes Indicated at 1.36% CuEq, suggesting potential for a smaller starter underground mine. The project demonstrates exceptional metallurgical recoveries exceeding 95% for copper and gold, producing a clean concentrate.

ATEX Resources Inc. (TSXV: ATX) announced its common shares will begin trading on the OTCQB Market in the United States under the symbol "ATXRF" on September 23, 2025. The company has also applied for DTC eligibility to enhance trading efficiency and liquidity for U.S. investors.

Additionally, ATEX is changing its financial year-end from September 30 to December 31 to better align with industry peers and improve financial reporting comparability. The company will file Q4 interim unaudited statements within 60 days of September 30, 2025, followed by audited annual statements for the extended period from October 1, 2024, to December 31, 2025.