| Atna Announces Gold Participating Bond Offering |
| News - Financial News |
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--(www.FinancialNewsUSA.com)-- 11/24/2009 - US Market industry news provided by Financial News USA. Atna Resources Ltd. ("Atna") - (TSX:ATN) is pleased to announce that it has engaged Canaccord Adams Limited and CAT Brokerage AG to arrange a private placement offering (the "Offering") of gold participating bonds (the "Bonds"). Canaccord Adams Limited will also act as placing agent in connection with the Offering of the Bonds. The Bonds, which will mature on December 31, 2013, and will bear interest at a rate of 10 per cent per annum on the declining balance. The Bonds will represent a senior unsecured obligation of Atna by way of a corporate guarantee. The Bonds will be redeemed in sixteen equal quarterly installments based on a Gold Equivalent Amount. The Gold Equivalent Amount will be established, at closing, by dividing the amount of the Offering by the lesser of the London PM fixing price for gold and the trailing 30 day average London PM fixing price for gold. The quarterly payments in gold will be converted to participating interests in a gold exchange-traded fund equivalent to the value of ounces delivered. It is expected that Atna and the Issuer will enter into a gold sale agreement to provide for the delivery of gold in exchange for the participating interests in the gold exchange-traded fund required to satisfy the scheduled redemption. It is anticipated that the amount of gold committed over the term of the Bonds will represent less than 20 per cent of the average annual forecast gold production of Atna's wholly-owned Briggs Mine in California over the term of the Bond. Atna intends to use the proceeds of the Offering for corporate purposes including the construction and development of its Reward Gold Mine in Nevada. Closing of the Offering will be subject to final documentation as well as regulatory and final board approvals. "We are very pleased to be able to avail ourselves of this innovative financing structure, which of the financing alternatives available to us, delivers what we believe to be the optimum value for our shareholders. This financing structure, which is non-dilutive to our share structure, will allow Atna to move towards construction of the Reward gold project," states James Hesketh, President & CEO. About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com. 
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