ATEX Commences Trading On OTCQX Best Market

Rhea-AI Summary

ATEX Resources (OTCQX:ATXRF, TSX:ATX) has begun trading on the OTCQX Best Market, upgrading from the OTCQB Venture Market effective May 12, 2026. The move is aimed at improving U.S. visibility, access for North American investors, and aligning with higher financial, governance, and compliance standards.

AI-generated analysis. Not financial advice.

Positive

• ATEX common shares upgrade from OTCQB to higher-tier OTCQX Best Market
• OTCQX qualification signals adherence to higher financial and governance standards
• Enhanced visibility and access for North American and U.S. investors
• Real-Time Level 2 quotes available for ATXRF on OTC Markets platform

Negative

• None.

Toronto, Ontario--(Newsfile Corp. - May 12, 2026) - ATEX Resources Inc. (TSX: ATX) (OTCQX: ATXRF) ("ATEX" or the "Company") is pleased to announce it has qualified to trade on the OTCQX Best Market, operated by OTC Markets Group Inc. ATEX upgrades to OTCQX from the OTCQB Venture Market.

The Company's common shares begin trading today on OTCQX under the symbol "ATXRF". U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

Chris Beer, Interim President and CEO, commented: "Trading on OTCQX marks an important milestone, enhancing our visibility in the U.S. and making it easier for North American investors to access and trade our shares. This quotation expands our reach as we continue advancing the Valeriano Copper-Gold Project and focus on delivering long-term value for shareholders."

The OTCQX Market is the highest level market of the OTC Markets, designed for established, investor-focused companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

About ATEX

ATEX is a mineral exploration company advancing its flagship Valeriano Copper-Gold Project, located in the Atacama Region III of Chile, widely recognized as one of the world's most prospective and mining-friendly jurisdictions. The Valeriano Project is emerging as one of the leading undeveloped copper assets globally and anchors an expanding, globally significant copper district. As such, it is well positioned to play an important role in meeting future demand amid increasingly constrained global copper supply. Valeriano currently has an Indicated Resource of 475 Mt at 0.88% CuEq (0.58% Cu, 0.25 g/t Au, 1.39 g/t Ag and 70.4 g/t Mo) and an Inferred resource of 1,511 Mt at 0.75% CuEq (0.50% Cu, 0.20 g/t Au, 1.16 g/t Ag and 70.6 g/t Mo), as reported on September 23, 2025. For further information please visit the ATEX Resources website at www.atexresources.com.

For further information, please contact:

Chris Beer,
Interim President and CEO
Email: cbeer@atexresources.com

Aman Atwal,
Vice President, Business Development and Investor Relations
Email: aatwal@atexresources.com

1-647-398-9405
or visit ATEX's website at www.atexresources.com.

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297015

FAQ

What did ATEX Resources (ATXRF) announce on May 12, 2026 about OTCQX trading?

ATEX Resources announced that its common shares began trading on the OTCQX Best Market under the symbol ATXRF. According to ATEX, this represents an upgrade from the OTCQB Venture Market and supports greater visibility and investor access in the United States and North America.

What is the significance of ATEX Resources (ATXRF) upgrading from OTCQB to OTCQX?

The upgrade from OTCQB to OTCQX places ATEX on the highest-tier OTC market for established companies. According to ATEX, OTCQX qualification reflects higher financial standards, best-practice corporate governance, and securities law compliance, helping the company build credibility and visibility among U.S. investors.

How does trading on OTCQX affect U.S. investors interested in ATEX Resources (ATXRF)?

Trading on OTCQX is intended to make it easier for U.S. investors to access and trade ATXRF shares. According to ATEX, investors can view current financial disclosure and Real-Time Level 2 quotes on OTCMarkets.com, potentially improving transparency and trading convenience for North American shareholders.

What requirements did ATEX Resources (ATXRF) meet to qualify for the OTCQX Best Market?

To qualify for OTCQX, companies must meet higher financial standards, follow best-practice corporate governance, and comply with applicable securities laws. According to ATEX, meeting these criteria enabled its graduation from the OTCQB Market, supporting its positioning as an established, investor-focused company.

What does the OTCQX market tier mean for ATEX Resources’ Valeriano Copper-Gold Project?

The OTCQX listing does not change the project itself but may broaden investor reach supporting it. According to ATEX, enhanced visibility in the U.S. aligns with efforts to advance the Valeriano Copper-Gold Project and focus on delivering long-term shareholder value.