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ABM Aben Minerals Ltd

0.06
-0.015 (-20.00%)
28 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Aben Minerals Ltd TSXV:ABM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.015 -20.00% 0.06 0.06 0.075 0.065 0.06 0.065 43,700 21:12:00

Aben Minerals Completes Sale of Mineral Claims

30/07/2024 12:00pm

GlobeNewswire Inc.


Aben Minerals (TSXV:ABM)
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Aben Minerals Ltd. (TSX-V: ABM) (OTCQB: ABNAF) (Frankfurt: R26) (“Aben” or “the Company”) is pleased to announce the Company has completed the sale of 6 claims within the Forrest Kerr Project to Galore Creek Mining Corporation (“GCMC”) (see News Release dated July 23, 2024). Aben and GCMC have completed the transaction as per the Purchase and Sale Agreement (the "Agreement") for the sale of six minerals claims from its Forrest Kerr Project portfolio located in the Golden Triangle of Northwestern British Columbia, Canada (the “Property”) to Galore Creek Mining Corporation ("GCMC").

Under the terms of the Agreement, GCMC has agreed to purchase a 100% interest in six mineral claims totalling approximately 3,200 hectares and including all of Aben's interests and obligations in relation to the RDN claims package (“RDN”) within the Property in exchange for $200,000 CAD.

Figure 1. The 6 Claims within the Agreement

Click here for high resolution image

Forrest Kerr Project

Aben still retains the 100% owned 50 mineral claims totalling around 20,197 hectares. The gold discovery zone known as the North Boundary Zone, still remains with Aben Minerals. Moving forward, the Company remains open to earn-in joint venture partnerships, claim sales, or a complete property sale.

About Aben Minerals:

Aben Minerals is a Canadian gold exploration company with exploration projects in the Yukon Territory and British Columbia. The Company’s goal is to increase shareholder value through new discoveries and developing exploration projects in geopolitically favourable jurisdictions. The Company has 18.7 million shares outstanding.

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For further information on Aben Minerals Ltd. (TSX-V: ABM), visit our Company’s website at www.abenminerals.com.

ABEN MINERALS LTD.

“Riley Trimble”______________________Riley TrimblePresident & CEO

For further information contact:Aben Minerals Ltd.Riley Trimble, President & CEOTelephone: 604-416-2978Toll Free: 800-567-8181Facsimile: 604-687-3119Email: info@abenminerals.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

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