| Aben Resources Arranges $100,000 Flow Through Financing | |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 15, 2014) - Aben Resources Ltd. (TSX VENTURE:ABN)(FRANKFURT:E2L)(ABNAF) (the "Company") announces it has arranged a non-brokered private placement to raise $102,000 by the issuance of 1,700,000 flow-through units (the "FT Units") at a price of $0.06 per FT Unit. Each FT Unit will consist of one flow-through common share and one non-transferable, non flow-through warrant (the "NFT Warrant"). Each NFT Warrant will entitle the holder to purchase one non flow-through common share at a price of $0.075 for a period of two years from the closing date of the private placement. The Company may pay up to a 7% finder's fee payable in non-transferable non flow-through warrants (the "Finder's Warrants") in connection with this private placement offering. Each Finder's Warrant will entitle the Finder to purchase a non-flow-through common share at a price of $0.075 per share for a period of two years from the closing date of the private placement. About Aben Resources: Aben Resources is a Canadian uranium and gold exploration company with projects in Saskatchewan's Athabasca Basin, Yukon, and NWT. Aben holds an interest in approximately 40,000 acres of highly prospective ground within the eastern flank of the Athabasca Basin in northern Saskatchewan including a 40% interest in the Mann Lake uranium project located 25 kilometres to the SSW of the McArthur River Uranium Mine. For further information on Aben Resources Ltd. (TSX VENTURE:ABN), visit our Company's web site at www.abenresources.com. ON BEHALF OF THE BOARD OF DIRECTORS JAMES G. PETTIT, President Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Aben Resources Ltd.
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EXPLORATION STAGE |
CODE : ABN.V |
ISIN : CA00289T1084 |
CUSIP : 20855Q106 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Aben Resources is a gold and molybdenum exploration company based in Canada. Aben Resources holds various exploration projects in Canada. Its main exploration properties are RALEIGH LAKE, HIT, SPROGGE, SELWYN LAKE, GAMA LAKE, HUARD-KIRSCH LAKE, RUSTY SPRINGS, MANN LAKE and NWT PERMITS in Canada. Aben Resources is listed in Canada and in United States of America. Its market capitalisation is CA$ 4.5 millions as of today (US$ 3.6 millions, € 3.1 millions). Its stock quote reached its highest recent level on June 11, 1999 at CA$ 96.00, and its lowest recent point on February 17, 2023 at CA$ 0.02. Aben Resources has 31 940 000 shares outstanding. |