Aben Resources Ltd.

Published : May 27th, 2016

Aben Resources Closes First Tranche of Private Placement

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Keywords :   9/11 | Cash | Georgia | Market |

Aben Resources Closes First Tranche of Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 27, 2016) - Aben Resources Ltd. (TSX VENTURE:ABN)(OTC PINK:ABNAF)(E2L2.F) (the "Company") is pleased to announce the closing of the first tranche of the private placement announced on May 11, 2016. The Company has issued 2,140,000 units at $0.05 for gross proceeds of $107,000 with each unit consisting of one share and one warrant exercisable at $0.10 for a period of one year. Agents received an aggregate of $3,290 cash and 65,800 Agent's warrants as finder's fees with the warrants having the same terms as the subscriber's warrants.

For further information on Aben Resources Ltd. (TSX VENTURE:ABN), visit our Company's web site at www.abenresources.com.

ABEN RESOURCES LTD.

Jim 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.

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.

Read the rest of the article at finance.yahoo.com
Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All

Aben Resources Ltd.

EXPLORATION STAGE
CODE : ABN.V
ISIN : CA00289T1084
CUSIP : 20855Q106
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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$ 1.1 millions as of today (US$ 893 820, € 782 986).

Its stock quote reached its highest recent level on June 11, 1999 at CA$ 96.00, and its lowest recent point on August 09, 2022 at CA$ 0.04.

Aben Resources has 31 940 000 shares outstanding.

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In the News and Medias of Aben Resources Ltd.
3/27/2006Corporate profile
Annual reports of Aben Resources Ltd.
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