Aton Resources Inc. (AAN) Financings
TSXV: AAN · Gold · Advanced Exploration stage
- Market cap$38.5M
- Share price$0.390
- 52-week range$0.250 – $0.690
- Shares outstanding98,754,350
- ExchangeTSXV
- Websitewww.atonresources.com
Aton Resources Inc. (AAN:TSX-V) is focused on its 100% owned Abu Marawat Concession ('the Concession'), located in Egypt's Arabian-Nubian Shield, approximately 200 km north of AngloGold Ashanti's world-class Sukari gold mine. Aton has identified numerous gold and base metal exploration targets at the Concession, including the Hamama deposit in the west, the Abu Marawat deposit in the northeast, and the Rodruin deposit in the south of the Concession. Two historic British gold mines are also located on the Concession at Semna and Sir Bakis. Aton has identified several distinct geological trends within the Concession, which display potential for the development of a variety of styles of precious and base metal mineralisation. The Abu Marawat exploitation lease is 57.66 km 2 in size, covering the Hamama West and Rodruin mineral deposits, and was established In January 2024 and is valid for an initial period of 20 years.
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Aton Resources Inc. financial statements
Key figures read from 40 of 40 financial statement filings, Nov 29, 2016 to Aug 31, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$345,655 | C$1,274,003 | C$453,283 | C$116,551 | C$82,266 |
| Total current assets | C$2,562,142* | C$1,410,425* | C$590,580* | C$405,479* | C$345,308* |
| Exploration and evaluation assets | C$203,251 | C$203,251 | — | — | — |
| Property, plant and equipment | C$321,361 | C$261,085 | C$234,110 | C$282,472 | C$415,293 |
| Total assets | C$3,086,754 | C$1,874,761 | C$824,691 | C$687,952 | C$760,602 |
| Debt | C$22,080,292 | C$9,625,585 | — | — | C$4,695,747 |
| Total liabilities | C$25,332,840 | — | — | — | — |
| Shareholders' equity | (C$22,246,086) | (C$9,493,976) | (C$9,993,564) | (C$7,419,783) | (C$5,018,278) |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$9,986,911 | C$7,352,249 | C$5,373,242 | C$6,104,158 | C$1,978,791 |
| General and administrative | C$377,748 | C$804,637 | C$180,991 | C$171,163 | C$328,589 |
| Share-based compensation | C$101,112 | C$89,099 | C$323,572 | C$318,984 | — |
| Net income (loss) | (C$12,853,222) | (C$9,872,740) | (C$9,942,793) | (C$8,562,826) | (C$4,625,231) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$8,950,307) | (C$7,358,842) | (C$5,811,683) | (C$6,708,182) | (C$3,424,276) |
| Investing cash flow | (C$137,239) | (C$289,653) | — | — | (C$412,228) |
| Financing cash flow | C$9,738,231 | C$8,469,215 | C$6,184,000 | C$6,742,467 | C$3,886,345 |
| Exploration spending (capitalized) | C$0 | (C$203,250) | — | — | — |
| Property, plant and equipment spending | (C$137,239) | (C$86,403) | — | — | (C$412,228) |
| Proceeds from share issues | C$0 | (C$30,785) | — | — | (C$20,586) |
| Change in cash | C$579,312 | C$820,720 | C$336,732 | C$34,285 | C$49,841 |
| Cash at end of period | C$1,853,315 | C$1,274,003 | C$453,283 | C$116,551 | C$82,266 |
Aton Resources Inc. financings
4 financings announced or closed by Aton Resources Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-09-01 | Aton Resources Inc. (AAN) | Debt | Announced | US$30.0M | — | Aton Announces US$30M Credit Facility with OU Moonrider |
| 2026-07-23 | Aton Resources Inc. (AAN) | Private placement, non-brokered | Closed, 1 tranche | $4.0M | $0.525 | FOR IMMEDIAT E RELEASE Aton announces CAD$4 million private placement |
| 2024-09-13 | Aton Resources Inc. (AAN) | Debt | Announced | $10.0M | — | FOR IMMEDIAT E RELEASE Aton Announces Bridge Loan |
| 2023-09-26 | Aton Resources Inc. (AAN) | Private placement, non-brokered | Announced | $3.0M | $0.220 | FOR IMMEDIAT E RELEASE Aton Announces Private Placement of up to $ 3 Million , Shares for Debt Settlement and Warrant Exercise |
Aton Resources Inc. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Aton Resources Inc. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2026-09-01 | Credit facility, signed | OU Moonrider | US$30M | 12%, matures 2028-09-01 |
| 2024-09-13 | Loan, closed / funded | — | C$10M | 12% |
| 2022-09-22 | Loan, closed / funded | — | C$2M | 12%, matures 2023-06-30 |
| 2019-12-17 | Loan, closed / funded | — | C$300,000 | 10% |
| 2018-12-18 | Loan, repaid / settled | Bill Koutsouras | C$1M | — |
| 2018-11-21 | Loan, closed / funded | — | C$1M | 10% |
| 2016-05-29 | Convertible debenture, repaid / settled | — | C$215,000 | 12%, matures 2016-05-29 |
| 2012-05-29 | Convertible debenture, closed / funded | — | C$215,000 | 12% |