Abcourt Mines Inc. announces that it has completed a third tranche of the non-brokered private placement announced on August 31, 2023, for additional gross proceeds of $209,000, representing 5,225,000 units of the Corporation at a price of $0.04 per Unit . In the aggregate, total gross proceeds of the Offering are of $2,330,150. Each Unit consists of one common share of the Corporation and one common share purchase [...]
Abcourt Mines Inc. is providing an update with respect to the previously announced management cease trade order issued by the Corporation's principal regulator, the Autorité des marchés financiers , on November 1, 2023. The MCTO was issued in connection with the delay by the Corporation to file its audited consolidated financial statements, its management's discussion and analysis as well as the CEO and CFO certificates [...]
Mines Abcourt Inc. is pleased to announce that a new drilling program is starting on its Flordin property in the Lebel-sur-Quévillon area. The drill is already in action to carry out a minimum campaign of 1,300 metres. The objective of this campaign is to validate the lateral and depth continuity of a gold-bearing shear zone in the eastern sector of the property that has historically returned 6.49 g/t gold over 2.1 m and [...]
Abcourt Mines Inc. is pleased to provide an update on its operational activities at its Sleeping Giant mine. On September 14, Abcourt announced the beginning of the work at the Sleeping Giant Mill to process the material from the Pershing-Manitou project. The work planned for this Fall at the mine tailings facilities is now completed and ready to receive pulp from the Sleeping Giant Mill. Work inside the Mill is 90 [...]
Abcourt Mines Inc. announces that it has applied to the Autorité des marchés financiers , as principal regulator of the Corporation, and expects to be granted a management cease trade order on October 31, 2023 pursuant to Policy Statement 12-203 Respecting Management Cease Trade Orders . Under the MCTO, the Corporation's Chief Executive Officer , Chief Financial Officer and directors will not be permitted to trade in [...]
Abcourt Mines Inc. announces that it has completed a second tranche of the non-brokered private placement announced on August 31, 2023, for additional gross proceeds of $538,400, representing 13,460,000 units of the Corporation at a price of $0.04 per Unit . Each Unit consists of one common share of the Corporation and one common share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common [...]
Abcourt Mines Inc. is pleased to announce that the transport of its 5,000 tonnes bulk sample from the Pershing Manitou deposit is now complete and Abcourt is now preparing the Sleeping Giant mill to process the bulk sample. See Figure 1 below. Figure 1: 5,000 tonnes of Pershing-Manitou stored at the Sleeping Giant mine Over the past few months, the company has carried out a thorough clean-up of the mill which has enabled [...]
Abcourt Mines Inc. announces that it has completed a first closing of the non-brokered private placement announced on August 31, 2023, for gross proceeds of $1,582,750, representing 39,568,750 Units of the Corporation at a price of $0.04 per Unit . Each Unit consists of one common share of the Corporation and one common share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common Share at a [...]
Abcourt Mines Inc. announces that it amends the terms of the non-brokered private placement announced in June 2023, for which no closing occurred. It is now expected to raise gross proceeds of up to $3,000,000 , consisting of up to 75,000,000 units of the Corporation at a price of $0.04 per Unit. Each Unit will consist of one common share of the Corporation and one common share purchase warrant . Each Warrant will entitle [...]
ROUYN-NORANDA, Québec, Aug. 29, 2023 -- Abcourt Mines Inc. announces it has appointed Jasmine Hinse as director of the Corporation, in replacement of Renaud Hinse, who died in June 2023. Jasmine Hinse has a Bachelor's degree in Law and a Notarial Law diploma from Laval University and she was member of the Barreau du Quebec from 2004 until she retired in 2020. She has also completed the university certification program in [...]
Abcourt Mines Inc. is pleased to announce that it has filed the Technical Report and the Preliminary Economic Assessment for the Sleeping Giant Project in accordance with National Instrument 43-101 - Disclosure Standards for Mining Projects. The technical report entitled "NI 43-101 Technical Report & Preliminary Economic Assessment for Sleeping Giant Project, Eeyou Istchee James Bay, Québec, Canada" and dated July 19 [...]
Abcourt Mines Inc. is pleased to announce the appointment of Mr. Robert Gagnon, geo., as Vice-President Exploration for Abcourt. In his new role, Mr. Gagnon will lead all exploration activities on Abcourt's mining properties, including the evaluation of partnerships to accelerate the development of certain Abcourt properties. Robert Gagnon holds a bachelor's degree in geology from the University of Quebec in Chicoutimi [...]