{"id":628699,"date":"2018-05-10T04:21:23","date_gmt":"2018-05-10T04:21:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/aton-resources-sandstorm-sign-usd-2-1-mn-financing-package-to-fund-egypt-operations\/"},"modified":"2018-05-10T04:21:23","modified_gmt":"2018-05-10T04:21:23","slug":"aton-resources-sandstorm-sign-usd-2-1-mn-financing-package-to-fund-egypt-operations","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/aton-resources-sandstorm-sign-usd-2-1-mn-financing-package-to-fund-egypt-operations\/","title":{"rendered":"Aton Resources, Sandstorm sign USD 2.1 mn financing package to fund Egypt operations"},"content":{"rendered":"<p>Gold miners Aton Resources and Sandstorm Gold Ltd. have signed a USD 2.1 mn financing packaged to fund more exploration and development work at Aton\u2019s Abu Marawat concession in Egypt, according to <a href=\"https:\/\/www.juniorminingnetwork.com\/junior-miner-news\/press-releases\/1485-tsx-venture\/aan\/46502-aton-announces-2-1-million-financing-package-with-sandstorm-gold-ltd-and-concurrent-private-placement-for-proceeds-up-to-3-0-million.html\">Junior Mining Network<\/a>. The proceeds of the private placement will help \u201cadvance and unlock the value of the Abu Marawat concession,\u201d says Aton CEO Mark Campbell.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold miners Aton Resources and Sandstorm Gold Ltd. have signed a USD 2.1 mn financing packaged to fund more exploration and development work at Aton\u2019s Abu Marawat concession in Egypt, according to Junior Mining Network. The proceeds of the private placement will help \u201cadvance and unlock the value of the Abu Marawat concession,\u201d says Aton [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628699","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"e77efeb6-75cc-4044-b451-4fd0b6f9008f","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Aton Resources, Sandstorm sign USD 2.1 mn financing package to fund Egypt operations","related_issue":[628667],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.471485e3-c5be-4fa2-b955-af4f44bbe10c.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Aton Resources, Sandstorm sign USD 2.1 mn financing package to fund Egypt operations - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/aton-resources-sandstorm-sign-usd-2-1-mn-financing-package-to-fund-egypt-operations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aton Resources, Sandstorm sign USD 2.1 mn financing package to fund Egypt operations\" \/>\n<meta property=\"og:description\" content=\"Gold miners Aton Resources and Sandstorm Gold Ltd. have signed a USD 2.1 mn financing packaged to fund more exploration and development work at Aton\u2019s Abu Marawat concession in Egypt, according to Junior Mining Network. The proceeds of the private placement will help \u201cadvance and unlock the value of the Abu Marawat concession,\u201d says Aton [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/aton-resources-sandstorm-sign-usd-2-1-mn-financing-package-to-fund-egypt-operations\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-10T04:21:23+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/aton-resources-sandstorm-sign-usd-2-1-mn-financing-package-to-fund-egypt-operations\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/aton-resources-sandstorm-sign-usd-2-1-mn-financing-package-to-fund-egypt-operations\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Aton Resources, Sandstorm sign USD 2.1 mn financing package to fund Egypt operations\",\"datePublished\":\"2018-05-10T04:21:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/aton-resources-sandstorm-sign-usd-2-1-mn-financing-package-to-fund-egypt-operations\/\"},\"wordCount\":70,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/aton-resources-sandstorm-sign-usd-2-1-mn-financing-package-to-fund-egypt-operations\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/aton-resources-sandstorm-sign-usd-2-1-mn-financing-package-to-fund-egypt-operations\/\",\"name\":\"Aton Resources, Sandstorm sign USD 2.1 mn financing package to fund Egypt operations - 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Preliminary sampling has returned positive results after the company identified \u201cancient mining settlements\u201d at both prospects.\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574272,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/03\/aton-resources-to-execute-reverse-stock-split-to-finance-abu-marawat-expansion\/","url_meta":{"origin":628699,"position":1},"title":"Aton Resources to execute reverse stock split to finance Abu Marawat expansion","author":"enterpriseam admin","date":"3 September 2020","format":false,"excerpt":"Egypt-focused Aton Resources will execute a reverse stock split sometime in mid-September to finance exploration at its Abu Marawat concession, as well as for \u201cgeneral corporate purposes, the Toronto-listed company said in a statement. The gold miner plans to issue up to USD 5 mn in a private placement of\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648522,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/aton-resources-provides-exploration-update-for-abu-marawat-concession\/","url_meta":{"origin":628699,"position":2},"title":"Aton Resources provides exploration update for Abu Marawat concession","author":"enterpriseam admin","date":"5 April 2017","format":false,"excerpt":"Gold miner Aton Resources says it has completed 12 holes of the originally planned 14 hole, 2,300 meter diamond drill program at Hamama West at the Abu Marawat concession. \u201cWe believe there is tremendous potential to grow resources at Hamama West and most of the drill holes in this program\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651877,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/22\/aton-begins-diamond-drilling-at-hamama-deposit\/","url_meta":{"origin":628699,"position":3},"title":"Aton begins diamond drilling at Hamama deposit","author":"enterpriseam admin","date":"22 February 2017","format":false,"excerpt":"Aton Resources has launched diamond drilling operations (deep-drilling that leaves rocks intact) at its Hamama gold deposit at the Abu Marawat concession, the company announced ina statement. The move is part of the company\u2019s plan to expand drilling operations at the site which were announced last month.","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649126,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/23\/aton-resources-announces-results-of-drilling-hamama-west\/","url_meta":{"origin":628699,"position":4},"title":"Aton Resources announces results of drilling Hamama West","author":"enterpriseam admin","date":"23 April 2017","format":false,"excerpt":"Aton Resources said the first four drill holes at the Hamama West field all intersected mineralization with drill hole HAD-004 returning 22.2 meters of 2.77 grams per tonne gold equivalent. Aton says \u201cHAD-004 is one of the highest-grade and deepest drill holes that Aton has returned from Hamama West to\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639048,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/aton-discovers-gold-bearing-veins-at-west-garida\/","url_meta":{"origin":628699,"position":5},"title":"Aton discovers gold-bearing veins at West Garida","author":"enterpriseam admin","date":"19 October 2017","format":false,"excerpt":"Gold miners Aton Resources announced the discovery of high-grade gold-bearing veins at the West Garida prospect. \u201cThe discovery of another potential high grade gold system at our Abu Marawat Concession is hugely exciting, given that it follows on from the other great results in the intrusion related belt. 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