reports
Abacus Announces Financing
Abacus Announces Financing VANCOUVER, British Columbia, July 23, 2024 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce a non-brokered private placement (“Offering”) for proceeds of up to $400,000 through the issuance of up to 20,000,000 units (“Units”) at a price of $0.02 per Unit. Each Unit will consist of one common share of the Company and one half of one non-transferable common share purchase warrant, with each warrant exercisable to purchase one common share of the Company at a price of $0.05 per common share ...
Abacus Announces Closing of the Willow Porphyry Copper Property and Am...
Abacus Announces Closing of the Willow Porphyry Copper Property and Amends Certain Terms of the Acquisition Agreement VANCOUVER, British Columbia, July 02, 2024 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or “The Company”) (TSXV:AME) announces that further to its news release dated June 4, 2024, it has amended, at the request of the TSX-Venture Exchange (the “Exchange”), certain terms of the June 4, 2024 agreement (the “June 4, 2024 Agreement”) with Almadex Minerals Ltd. and its wholly-owned Nevada subsidiary Almadex America Inc. (“Almadex”), to acquire a 100% ow...
Abacus Acquires 100% of the Willow Porphyry Copper Property
Abacus Acquires 100% of the Willow Porphyry Copper Property VANCOUVER, British Columbia, June 06, 2024 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or “The Company”) (TSXV:AME) is pleased to announce that it has signed an Agreement with Almadex Minerals Ltd. and its wholly-owned Nevada subsidiary Almadex America Inc. (“Almadex”), to acquire a 100% ownership interest in the Willow porphyry copper property located in Yerington, Nevada, (“Willow Property”) and data associated with the Willow Property (the “Willow Data”). Under the terms of the Agreement, which is su...
Abacus Announces $500,000 Financing
Abacus Announces $500,000 Financing NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES VANCOUVER, British Columbia , April 17, 2023 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce a non-brokered private placement (“Offering”) for proceeds of up to $500,000 through the issuance of up to 16,666,667 units (“Units”) at a price of $0.03 per Unit. Each Unit will consist of one common share of the Company and one half of one non-transferable common share purchase warrant, with each ...
Abacus Provides News on Willow Option
Abacus Provides News on Willow Option VANCOUVER, British Columbia, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce an extension to the earn-in period on the Willow porphyry copper project in the Yerington copper camp, southeast of Reno, Nevada. The Company originally optioned the Willow property from Almadex Minerals Ltd. in 2017 with an obligation to issue shares and to spend USD 3 million over five years to earn an initial 60% interest in the project. Further expenditures would allow Abacus to in...
Abacus Provides a Corporate Update
Abacus Provides a Corporate Update VANCOUVER, British Columbia, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce that all resolutions put before the shareholders were passed at its AGM held on December 19, 2022. The directors elected to the board for the coming year are Michael McInnis, Paul G. Anderson, Thomas McKeever and Kerry Spong. John McConnell stepped down from the board at the meeting. The Company wishes to express its sincere appreciation to the time and effort that John devoted to the Abac...
Abacus Announces Warrant Extension
Abacus Announces Warrant Extension VANCOUVER, British Columbia, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) announces that the Company has applied to extend the exercise period of a total of 10,770,000 share purchase warrants, all of which are exercisable at $0.08 per share (collectively, the "Warrants"). The Warrants were issued pursuant to a private placement which closed December 20, 2019. The Company proposes to extend the expiry date for all these Warrants by eighteen (18) months, and accordingly, the new expiry da...
Abacus Provides Willow Drill Results
Abacus Provides Willow Drill Results VANCOUVER, British Columbia, April 20, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to provide drill results from the 2021 program on the Willow porphyry copper project in the Yerington copper camp, southeast of Reno, Nevada. The Company drilled three holes totaling approximately 1700 metres on Willow in 2021 (see Company website for locations). All holes intersected the Luhr Hill granite, which is the host rock of the four known porphyry copper-molybdenum (Cu-Mo) deposits in the...
Abacus Announces Grant of Stock Options
Abacus Announces Grant of Stock Options VANCOUVER, British Columbia, March 28, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV:AME) is pleased to announce that the Board of Directors has approved the grant of stock options to directors, officers, employees and consultants of the Company allowing for the acquisition of up to, in the aggregate, 3,050,000 shares of the Company. The grant is a result of the Company’s annual compensation review and the issuance is made under the Company’s approved stock option plan. The options are exercisable...
Abacus completes final tranche of its non-brokered private placement
Abacus completes final tranche of its non-brokered private placement VANCOUVER, British Columbia, March 16, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce the closing of the second and final tranche of its non-brokered private placement of units (the “Private Placement”), as announced on February 23, 2022, February 28, 2022, March 2, 2022 and March 10, 2022. Pursuant to the final tranche of the Private Placement, the Company raised total gross proceed of $60,000, and issued 1,000,000 units (“Units”) at a p...
Abacus completes tranche 1 of its non-brokered private placement
Abacus completes tranche 1 of its non-brokered private placement VANCOUVER, British Columbia, March 10, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce the closing of the first tranche of its non-brokered private placement of units (the “Private Placement”), as announced on February 23, 2022, February 28, 2022 and March 2, 2022. Pursuant to the first tranche of the Private Placement, the Company raised total gross proceed of $700,000, and issued 11,666,667 units (“Units”) at a price of $0.06 per Unit. Each Un...
Abacus Announces Another Increase to its Previously Announced Financin...
Abacus Announces Another Increase to its Previously Announced Financing, to $750,000 NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES VANCOUVER, British Columbia, March 02, 2022 (GLOBE NEWSWIRE) -- Further to its news releases dated February 23, 2022 and February 28, 2022, Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce an increase to the non-brokered private placement (“Offering”), now for proceeds of up to $750,000 through the issuance of up to 12,500,000 units (“Units”) at a price of $0.06 per...
Abacus Announces an Increase to its Previously Announced Financing, to...
Abacus Announces an Increase to its Previously Announced Financing, to $700,000 NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES VANCOUVER, British Columbia, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Further to its news release dated February 23, 2022, Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce an increase to the non-brokered private placement (“Offering”), now for proceeds of up to $700,000 through the issuance of up to 11,666,666 units (“Units”) at a price of $0.06 per Unit. Each Unit will consist ...
Abacus Announces $500,000 Financing
Abacus Announces $500,000 Financing NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES VANCOUVER, British Columbia, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce a non-brokered private placement (“Offering”) for proceeds of up to $500,000 through the issuance of up to 8,333,333 units (“Units”) at a price of $0.06 per Unit. Each Unit will consist of one common share of the Company and one half of one non-transferable common share purchase warrant, with each war...
Abacus Provides Update on Willow
Abacus Provides Update on Willow VANCOUVER, British Columbia, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) wishes to provide an update on the Willow porphyry copper project in the Yerington copper camp, southeast of Reno, Nevada. The Company drilled three holes totaling approximately 1700 metres on Willow last year. All holes intersected the Luhr Hill granite porphyry, which is the host rock of the four known porphyry copper-molybdenum (Cu-Mo) deposits in the Yerington camp. Two holes drilled on Willow by Abacus in 2018...
Abacus Provides Update on Ajax
Abacus Provides Update on Ajax VANCOUVER, British Columbia, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) wishes to provide an update on the Ajax copper-gold project, located near Kamloops, British Columbia. The Company meets regularly with its partner on the project, base metal major KGHM Polska Miedź S.A. In a recent meeting, we were pleased to learn that KGHM plans to devote more attention to the project, including continued engagement with First Nations. Abacus holds a 20% interest in the project, carried through pro...
Abacus completes non-brokered private placement
Abacus completes non-brokered private placement VANCOUVER, British Columbia, Dec. 29, 2021 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce it has completed a non-brokered private placement of units (the “Private Placement”) pursuant to which the Company raised total gross proceeds of $173,600. The Private Placement is comprised of units (“Units”) at a price of $0.10 per Unit. Each Unit consists of one common share of the Company (a “Share”) and one-half of one common share purchase warrant (a “Warrant”), with ea...
Abacus Announces Warrant Extension
Abacus Announces Warrant Extension VANCOUVER, British Columbia, Oct. 29, 2021 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) announces that the Company has applied to extend the exercise period of a total of 4,872,000 share purchase warrants, all of which are exercisable at $0.20 per share (collectively, the "Warrants"). The Warrants were issued pursuant to a private placement which closed November 23, 2018. The Company proposes to extend the expiry date for all these Warrants by one (1) additional year, and accordingly, the new expiry ...
Abacus Provides Update on Willow Drilling
Abacus Provides Update on Willow Drilling VANCOUVER, British Columbia, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) wishes to provide an update on the Willow porphyry copper drilling program in the Yerington copper camp, southeast of Reno, Nevada. The program began in early July and the third drill hole has now been terminated, with approximately 1700 metres drilled. All holes to date have intersected the Luhr Hill porphyry, which is the host rock of the four known porphyry copper-molybdenum deposits in the Yerington ...
Abacus Provides Update on Willow Drilling
Abacus Provides Update on Willow Drilling VANCOUVER, British Columbia, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) wishes to provide an update on the ongoing drill program on the Willow porphyry copper property in the Yerington copper camp, southeast of Reno, Nevada. The program began in early July and the third drill hole has just begun. All holes to date have intersected the Luhr Hill porphyry, which is the host rock of the four known porphyry copper-molybdenum deposits in the Yerington camp. Previous drilling in 201...
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