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Aben Resources ( (TSE:ABM) ) has provided an announcement.
Aben Gold Corp. has received the first payment under its option agreement with Kingfisher Metals Corp., consisting of C$150,000 in cash and 1,886,792 Kingfisher shares, following the closing of the transaction on December 23, 2025. The agreement grants Kingfisher a three-year option to earn a 100% interest in Aben’s Forrest Kerr Project in British Columbia’s Golden Triangle by completing a total of C$2.7 million in combined cash payments and share issuances, with Kingfisher acting as project operator during the option period. This structure provides Aben with non-dilutive funding and exposure to Kingfisher’s exploration efforts while potentially repositioning Aben to concentrate capital and management attention on its Justin Gold flagship and other core assets.
More about Aben Resources
Aben Gold Corp. is a Canadian gold exploration company with projects in the Yukon Territory and British Columbia. Its flagship asset is the 7,400-hectare, 100%-owned Justin Gold Project in southeast Yukon’s Tintina Gold Belt, adjacent to Seabridge Gold’s 3 Aces Project. The company focuses on creating shareholder value through new discoveries and advancing exploration assets in geopolitically favourable jurisdictions, and currently has 23.2 million shares outstanding.
Average Trading Volume: 30,156
Technical Sentiment Signal: Sell
Current Market Cap: C$1.93M
For detailed information about ABM stock, go to TipRanks’ Stock Analysis page.