Abcourt Mines Inc.

Abcourt Mines is pleased to announce that it has closed its previously announced brokered "best efforts" private placement conducted by Red Cloud Securities, as lead agent and sole bookrunner, for aggregate gross proceeds of approximately $10,000,000 through the sale of 41,666,666 flow-through units of the Corporation sold to charitable purchasers at a price of $0.12 per Charity FT Unit; and 58,823,530 units of the [...]

Abcourt Mines Inc. is pleased to announce the receipt of its environmental certificate of authorization for custom milling of ore from off-site deposits at its Sleeping Giant mill. This certificate of authorization allows Abcourt to begin commercial discussions with potential clients, accelerate the environmental authorization process, and begin processing gold ore from mining companies that do not have a mill to extract [...]

Abcourt Mines Inc. reported its results for the fourth quarter and year ended June 30, 2025. All monetary values in this press release are expressed in Canadian dollars, unless otherwise indicated. Financial statements and management discussion and analysis are available on SEDAR+. Summary of financial results Three months ended June 30 Years ended June 30 2025 2024 2025 2024 Revenues - - - 255,000 Administration expenses [...]

Abcourt Mines Inc. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as lead agent and sole bookrunner, on behalf of a syndicate of agents , in connection with a brokered "best efforts" private placement for aggregate gross proceeds of up to $8,500,000 through the sale of up to 41,666,666 flow-through units of the Corporation to be sold to charitable purchasers at a price [...]

Abcourt Mines Inc. is pleased to present its first quarter operations report for the development of the Sleeping Giant Mine located in the Eeyou Istchee region of Quebec. Abcourt began to process materials in mid-August at its 100% owned Sleeping giant Mill from the underground mine directly underneath the mill. Between mid-August and the end of September, Abcourt began to fill the mill's circuit with gold. The circuit [...]

Abcourt Mines is pleased to announce its most recent results from the Flordin Cartwright project where two new strippings were completed. These have extended the current mineralized zone to more than 650 m while identifying new mineralized zones parallel to previously identified zones that had never been exposed or drilled at depth. The Campaign Stripping 25-01 presents mineralization parallel to the historic Adam, Horse [...]

Abcourt Mines Inc. is pleased to announce the exercise of its option to reduce from 2.0% to 1.5% the net smelter return royalty on all metallic and non-metallic minerals mined or otherwise recovered on each of the Sleeping Giant and Dormex properties granted to Maverix Metals Inc. in accordance with the terms of a net smelter return royalty agreement entered into between the Corporation and Maverix on September 22, 2022 [...]

Abcourt Mines is pleased to announce the successful completion of its first gold pour at the Sleeping Giant Mine, marking a significant milestone in the company's operations and commitment to sustainable gold production. The event took place on Sept 11, 2025, at the Sleeping Giant site. This achievement is the culmination of extensive efforts by the Abcourt team, which has worked diligently to bring the mine to this [...]

Abcourt Mines is pleased to announce that it has entered into an amended credit agreement with Nebari Natural Resources Credit Fund II, LP pursuant to which an additional USD$2,000,000 is made available as a loan to the Corporation. Pursuant to the Upsized Loan, the aggregate amount borrowed from the Lender is USD$10,000,000, in two tranches of: USD$8,000,000 on July 3, 2025; and USD$2,000,000 on the date hereof. Other [...]

Abcourt Mines is pleased to provide an update on the ramp-up activities at the Sleeping Giant Project in Eeyou Istchee, Québec. Pascal Hamelin, President and CEO of Abcourt, commented: "We are progressing very well with the project by now having the mill circuit with a full inventory. We are now increasing the gold inventory in the mill circuit. The next phase in the development of the project will be to start delivering [...]