TSX-V-listed Aton Resources has entered into an agreement with its majority shareholder OU Moonrider for a loan facility of up to $30-million. The facility may be drawn down in one or more tranches and matures on September 1, 2028.
The funding, if drawn, will be used to advance exploration and development activities at Aton's Hamama copper project, in Egypt.
Moonrider holds about 66.4% of Aton's shares in issue.
