Abcourt Mines Secures Additional Private Funding
Company Announcements

Abcourt Mines Secures Additional Private Funding

Abcourt Mines (TSE:ABI) has released an update.

Abcourt Mines Inc. has successfully completed a fourth round of private funding, securing an additional $1,060,000 by selling 21.2 million units, cumulatively raising $3,794,150 to date. The company anticipates a final tranche by June 27, 2024, with the proceeds aimed to bolster the development and exploration of the Sleeping Giant Gold Project and for general corporate purposes. This round included significant insider participation from SARL MF, an affiliate of a related party to the corporation, which was conducted in compliance with regulatory exemptions.

For further insights into TSE:ABI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskAbcourt Mines Confirms Gold Recovery Potential
TipRanks Canadian Auto-Generated NewsdeskAbcourt Mines Reports Promising Gold Results
TipRanks Canadian Auto-Generated NewsdeskAbcourt Mines Reports Promising Exploration Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App