Source: Aben Resources Ltd.
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  • Aben Resources (ABN) has announced a non-brokered private placement for gross proceeds of up to $340,000
  • The company will issue up to 4,000,000 units and 4,000,000 flow-through units
  • The net proceeds will be used to fund exploration and for general working capital purposes
  • Aben Resources is an exploration and development-stage company
  • Aben Resources Inc. (ABN) opened trading at C$0.035

Aben Resources (ABN) has announced a non-brokered private placement for gross proceeds of up to $340,000.

The company will issue up to 4,000,000 units for $0.035 per unit and up to 4,000,000 flow-through units for $0.05 per FT unit. Each unit will consist of one common share and one transferable warrant. Each warrant will entitle the holder to purchase one additional common share for a period of two years. Each FT unit will consist of one flow-through common share and one-half of one transferable warrant. Each whole warrant will entitle the holder to purchase one non-flow through common share for a period of two years.

The net proceeds will be used to fund exploration and for general working capital purposes.

Finder’s fees may be payable in accordance with the policies of the TSX Venture Exchange.

Aben Resources is an exploration and development-stage company focused on acquiring and exploring mineral resource properties in British Columbia, Saskatchewan, and Yukon.

Aben Resources Inc. (ABN) opened trading at C$0.035.

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