Beedie Capital Announces Participation in US$15M Credit Facility to ATEX Resources
Beedie Capital is pleased to announce its participation in a US$15M credit facility along with Firelight Investments LLC, a company controlled by Pierre Lassonde, to ATEX Resources. On closing the transaction, ATEX will receive US$10 million in funding to be used for the exploration and development of the Company’s Valeriano Copper Gold Project. The facility includes warrants, and the Company may draw an additional US$5M in a second tranche at a later date.
For more information on the transaction, please see the press release here.
About ATEX Resources
ATEX Resources is a mineral exploration company focused on the acquisition, development, and monetization of projects throughout the Americas. ATEX’s flagship Valeriano Copper Gold Project is located in Chile’s prolific El Indio Mineral Belt. Valeriano hosts a large copper gold porphyry deposit overlain by a near surface oxidized epithermal gold deposit.
For further information, please visit their website at https://www.atexresources.com/
About Beedie Capital
Beedie Capital is a multi-strategy direct investment platform that manages the alternative investments for Beedie, one of Western Canada’s largest private companies. Beedie Capital invests via a flexible, evergreen mandate, and applies a highly agnostic approach to the duration, structure, and size of its investments. Beedie Capital combines the strategic capabilities of an institutional investment platform with the flexibility and entrepreneurial mindset of a privately-owned business.