Atna Resources Ltd

Published : November 23rd, 2009

Announces Gold Participating Bond Offering

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Re:   News Releases - Monday, November 23, 2009
      Atna Announces Gold Participating Bond Offering
=======================================================================

Golden, CO -- 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 redemptions.

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.

For additional information on Atna, please visit our website at
www.atna.com.

This news release contains certain "forward-looking statements," as
defined in the United States Private Securities Litigation Reform Act
of 1995, and within the meaning of Canadian securities legislation,
relating to a proposed sale of gold participating bonds and the
proposed use of proceeds. Such statements include, without limitation,
statements regarding the anticipated amount of gold to be committed
under the Bonds and the proposed use of proceeds. Although Atna
believes that such statements are reasonable, it can give no assurance
that such expectations will prove to be correct. Forward-looking
statements are statements that are not historical fact. They are based
on the beliefs, estimates and opinions of Atna's management on the date
the statements are made and they involve a number of risks and
uncertainties. Consequently, there can be no assurances that such
statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such
statements. Atna disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise except as required by
applicable law. Factors that could cause future results to differ
materially from those anticipated in these forward-looking statements
include: Atna's inability to secure subscriptions from subscribers to
complete the proposed gold bond sale in whole or in part, a management
decision to change the use of proceeds based on changing circumstances,
Atna might encounter problems such as the significant depreciation of
metals prices, accidents and other risks associated with mining
exploration and development operations, the risk that Atna will
encounter unanticipated geological factors, Atna's need for and ability
to obtain additional financing, and the other risk factors discussed in
greater detail in Atna's various filings on SEDAR (www.sedar.com) with
Canadian securities regulators and its filings with the U.S. Securities
and Exchange Commission, including Atna's 2008 Form 20-F dated March
31, 2009.

FOR FURTHER INFORMATION, CONTACT:

James Hesketh, President and CEO - (303) 278-8464
Valerie Kimball, Investor Relations - toll free (877) 692-8182
Steve Sharpe / Ryan Cohen, Canaccord Adams Limited - 44 (0) 207 050
6500
www.atna.com

=======================================================================
Copyright (c) 2009 ATNA RESOURCES LTD. (TSX:ATN)  All rights reserved.
For more information visit our website at http://www.atna.com/ or send
mailto:info@atna.com
Message sent on Mon Nov 23, 2009 at 5:45:07 AM Pacific Time
=======================================================================
.

Atna Resources Ltd

PRODUCER
CODE : ATN.TO
ISIN : CA04957F1018
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Atna Resources is a zinc and gold development stage company based in Canada.

Atna Resources develops zinc, gold, copper, lead and silver in Canada, and holds various exploration projects in Canada.

Its main asset in production is BRIGGS in USA, its main asset in development is WOLVERINE in Canada and its main exploration properties are KENDALL GOLD MINE, CONVERSE, ATLANTA (NEVADA), MOUNT EDNA, CLOVER, WOLF PROPERTY, TRAM PROSPECT, SAND CREEK JV, TREE PROPERTY, WHITE BULL, BEOWAWE, TY, UDUK, JARBRIDGE, ECSTALL PROPERTY, CONVERSE & SAND CREEK URANIUM, TRIPLE JUNCTION, GOLDTOOTH - BRIGGS, SEVEN-UP PETE GOLD, COLUMBIA PROPERTY, REWARD PROPERTY, PINSON, MT. EDNA and MCDONALD in Canada and CACHINAL and CELESTE in Chile.

Atna Resources is listed in Canada and in United States of America. Its market capitalisation is CA$ 10.6 millions as of today (US$ 7.7 millions, € 7.0 millions).

Its stock quote reached its highest recent level on December 29, 2006 at CA$ 2.56, and its lowest recent point on December 29, 2015 at CA$ 0.05.

Atna Resources has 212 090 000 shares outstanding.

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Annual reports of Atna Resources Ltd
2008 Annual report
Annual Report 2007
Nominations of Atna Resources Ltd
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4/5/2011Paul H. Zink Joins Atna's Board of Directors
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3/17/2015. Reports Fourth Quarter and 2014 Fiscal Year Results
11/12/2014Reports Third Quarter 2014 Earnings and Operations Results
8/5/2014Reports Second Quarter 2014 Results
5/5/2014Reports First Quarter 2014 Earnings and Operations Results
11/11/2013Reports Third Quarter 2013 Earnings and Operations Results
7/31/2013Reports Second Quarter 2013 Earnings and Operations Results
5/13/2013Reports First Quarter 2013 Earnings and Operations Results
3/22/2013Reports Fourth Quarter and 2012 Fiscal Year Results and High...
11/13/2012Announces Third Quarter 2012 Earnings and Operations
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8/16/2011Reports Second Quarter Earnings of $1.1 Million
5/24/2011Reports First Quarter 2011 Results
3/25/2011Reports Fourth Quarter and 2010 Fiscal Year End Results
8/12/2010Reports Second Quarter 2010 Results
3/26/2010Reports Fourth Quarter and Year End 2009 Results
8/14/2009Reports Second Quarter 2009 Results
11/14/2008Reports Third Quarter 2008 Results
8/14/2008Reports Second Quarter 2008 Results
5/29/2008REPORTS FIRST QUARTER 2008 RESULTS
11/14/2007 Reports Third Quarter Results
5/15/2007Reports First Quarter Results
Project news of Atna Resources Ltd
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6/3/2013(Pinson)Provides Additional Information on its Pinson Mine
5/29/2013(Pinson)Modifies Operations at its Pinson Mine
3/27/2013Veris Gold Enters Into A Toll Milling Agreement with Atna Re...
3/25/2013Cuts 120 feet Grading 0.057 oz/ton Gold at Reward Gold Proje...
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10/24/2011Drilling Increases Size of Reward Gold Deposit
10/13/2011(Briggs)Completes Briggs Drilling with Strong Gold Intercepts
9/13/2011(Briggs)North Main Zone Expanding at Atna's Briggs Mine
9/2/2011(Pinson)Completes Acquisition of Pinson Gold Mine
8/11/2011(Pinson)Acquires Pinson Gold Mine
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5/13/2009(Briggs)Makes First Gold Pour at Briggs Mine
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9/18/2007(Pinson)Reports Work Underway at Pinson Project
7/11/2007(Pinson)Increases Resource at Pinson
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6/18/2015Atna Resources' CEO James Hesketh Interviewed by The Gold Re...
3/9/2015Atna Provides Update on Pinson Mine
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11/26/2014Atna Closes Sale of Reward and Clover Properties
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10/21/2014Atna Files NI 43-101 Technical Report for the Pinson Undergr...
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1/2/2014Makes Final Payment on Guaranteed Gold Participating Bonds
12/20/2013(Ty)Completes Amendment to Sprott Credit Facility
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9/17/2013Reports Positive Metallurgical Studies on Mag Open Pit
9/10/2013. Announces $5.8 Million Bought Deal Private Placement
6/26/2013(Pinson)Suspends Operations at Pinson
6/26/2013(Pinson)Suspends Operations at Pinson
5/6/2013(Pinson)Increases Productivity at its Pinson Mine
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5/22/2012(Briggs)Completes New NI 43-101 Report on the Briggs Gold Mine
9/26/2011Rod Gloss Joins Atna Resources as Chief Financial Officer
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6/22/2011(Briggs)Completes Leach Pad Expansion at Briggs
6/20/2011(Briggs)North Main Briggs Zone Expanding
5/9/2011Announces Results of AGM
8/6/2010Announces Resignation of Director
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5/18/2010To Our Shareholders...
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1/28/2010Provides Update on Exploration and Venture Projects
12/9/2009Announces Closing of Gold Participating Bond Offering
11/23/2009Announces Gold Participating Bond Offering
10/7/2009John Theobald Joins Atna's Board of Directors
8/7/2009Announces Changes to Board of Directors
6/2/2009Enters Into New Agreement in the Sand Creek Uranium Joint Ve...
12/19/2008Announces Management Changes and Option Grants
9/9/2008Accelerates Briggs Gold Mine Re-Start
9/4/2008Agrees to Sell Royalty Portfolio for US$20 Million
8/5/2008Reports 2nd Quarter Progress at Pinson Gold Project, Nevada
5/15/2008Reports AGM Results
5/14/2008Delays Filing Interim Financial Statements Due To Recent Mer...
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3/3/2008Underground Drifting Commences at Pinson Mine, Nevada
2/28/2008President and CEO Interview
1/23/2008Advances Towards Merging With Canyon Resources
11/19/2007Correction - Atna and Canyon Agree to Merge
11/19/2007 Agree to Merge
6/6/2007Completes Drilling at Beowawe Project, Nevada
4/28/2007Reports AGM Results
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TORONTO (ATN.TO)Other OTC (ATNAF)
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Produces Gold
Develops Copper - Gold - Lead - Silver - Zinc
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