Aton Announces the Appointment of Prominent Egyptian Financier to its Advisory Board
VANCOUVER, British Columbia, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Aton Resources Inc. (TSX-V:AAN) (“Aton” or the “Company") is very pleased to announce the appointment of Mr. Ahmed Mehelmy to its Advisory Board. Mr. Mehelmy’s appointment greatly increases the depth of business, financing, and corporate experience in Egypt at the Company, and is a very timely addition as the Company advances its Egyptian projects, including its Hamama open pit mine development and Rodruin exploration projects.
Ahmed El Mehelmy has over 30 years of experience in the commercial and investment banking industries. Currently he runs Fortune Financial Team a corporate finance advisory firm that he founded in 1996. During that time he has been involved with raising more then $2B in equity and debt capital, has managed IPO’s on the Cairo Stock Exchange and has advised on M&A transactions for domestic, regional and international clients. Ahmed began his career with Chase Manhattan Bank in Cairo (which became Commercial International Bank), working in the credit and marketing departments for 10 years. He holds a Bachelor of Science degree in Accounting from Cairo University and a Bachelor of Science degree in Business Administration from The American University in Cairo.
“I am very proud to announce that Ahmed has joined our Advisory Board today,” remarked Mark Campbell President and CEO. “Not only does he bring a wealth of experience in the banking and investment businesses here in Egypt, but he also strongly believes in the future of the mining industry within this country and is a solid supporter of Aton. As an advisor and investor, I look forward to working closely with him going forward.”
About Aton Resources Inc.
Aton Resources Inc. (TSX-V:AAN) is focused on its 100% owned Abu Marawat Concession (“Abu Marawat”), located in Egypt’s Arabian-Nubian Shield, approximately 200 km north of Centamin’s Sukari gold mine. Aton has identified a 40 km long gold mineralized trend at Abu Marawat, anchored by the Hamama deposit in the west and the Abu Marawat deposit in the east, containing numerous gold exploration targets, including three historic British mines. Aton has identified several distinct geological trends within Abu Marawat, which display potential for the development of RIRG and orogenic gold mineralization, VMS precious and base metal mineralization, and epithermal-IOCG precious and base metal mineralization. Abu Marawat is over 738km2 in size and is located in an area of excellent infrastructure; a four-lane highway, a 220kV power line, and a water pipeline are in close proximity.
For further information regarding Aton Resources Inc., please visit us at https://www.atonresources.com/ or contact:
President and Chief Executive Officer
Note Regarding Forward-Looking Statements
Some of the statements contained in this release are forward-looking statements. Since forward-looking statements address future events and conditions; by their very nature they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.
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