Aton Resources Inc. announced a non-brokered private placement of up to 13,636,363 common shares of the company at a price of CAD 0.22 per common share for the gross proceeds of up to CAD 2,999,999.86 on September 26, 2023. Depending on other subscriber interest, Moonrider OU may subscribe for up to CAD 2,000,000 of the Private Placement. The transaction may close in one or more tranches.

The transaction is expected to close on or about October 10, 2023. The transaction is subject to receipt of TSX Venture Exchange approval. All shares issued in the Private Placement will be subject to a four-month hold period from their date of issuance.