HighlightsAcquisition of surface rights covering approximately 14,550 hectares (" ha ") extending from the south of ATEX's Valeriano project to the north through Antofagasta Minerals' (" AMSA ") El Encierro copper-gold exploration project, and into Codelco's Torrente (" Torrente ") copper exploration project. ATEX now holds the surface rights required to advance Valeriano, reducing permitting risk and providing long-term certainty for the development of future project infrastructure. In addition to the surface rights, the Acquisition includes water rights that have the potential to reduce costs for future exploration programs. "Securing surface rights has historically been one of the most significant challenges to advancing major mining projects globally, and Chile is no different," Ben Pullinger, President and CEO, commented. Acquisition Presents an Investment Towards Shaping Collaboration of an Emerging Copper DistrictThe surface rights acquired from the Seller cover a significant area totalling approximately 14,550 ha (see Figure 1).