Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
In the same category
Abcourt Mines Inc.: Annual and Special Meeting of Shareholders Held on December 7, 2012
Published : December 12, 2012
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Copper | Gold | Market | Silver | Zinc |

MONT-ST-HILAIRE, QUÉBEC--(Marketwire - Dec. 12, 2012) - Mr. Renaud Hinse, President and C.E.O. of Abcourt Mines Inc. (News - Market indicators)(BERLIN:AML)(FRANKFURT:AML) (the "Company"), reports to the Company's shareholders that Messieurs Christian Dupont, Marc Filion, Jean-Guy Courtois, Normand and Renaud Hinse, who have been directors of the Company for many years, were re-elected at the Annual and Special Meeting held on December 7, 2012, for an additional year. Two new candidates, Messieurs Yves Usereau, CPA, CA, and André DeGuise, mining engineer, were elected for the first time for a term of one year. As the Company's projects are in a more advanced stage, these new directors will bring their experience and expertise to the development of the Company.

Dallaire & Lapointe Inc., Chartered Accountants of Rouyn-Noranda, were also re-appointed auditors of the Company for the year 2013.

The proposed amendment to the Company's Stock Option Plan (the "Plan") was approved by a large majority of votes cast at the Meeting. This amendment aims to extend from 90 days to 12 months the maximum delay to exercise an option when a person ceases to be a participant under the Plan, including in reason of a death. In addition, the amendment to the outstanding stock options in this line was approved by a majority of votes cast by disinterested shareholders. This amendment will entitle the optionees to exercise their outstanding options during a period of 12 months after they cease to be a participant under the Plan, including in reason of death.

After the Meeting, the Board of Directors met and approved, amongst other things, the grant of 300,000 common share stock options in favor of each of the two new directors, at an exercise price of $0.085 per option, valid for a five year period. Those options are subject to the terms and conditions of the Company's Plan, as amemded.

About Abcourt Mines Inc.

Abcourt Mines Inc. is an exploration and development company with strategically located properties in northwestern Quebec, Canada. The Elder Mine with 43-101 gold resources, the Abcourt-Barvue Project with 43-101 silver-zinc ore reserves and resources and the Aldermac property with historical copper-zinc resources are all former producers. Abcourt is now focused on bringing the Elder and Abcourt-Barvue projects back into production with Elder as the first priority. At the same time the company is working on other projects (Aldermac, Vezza, Jonpol and Vendome) to increase its mineral resources inventory. A 43-101 resource calculation was completed in July, 2012, for the Elder Mine. A positive 43-101 feasibility study was completed by GENIVAR in 2007 on the Abcourt-Barvue Project. In addition, mill equipment was purchased. A positive PEA report on Elder mine, prepared by Roche Ltd, Consulting Group, was recently received (November 2012). To know more about Abcourt, please visit our web site at www.abcourt.com and SEDAR. 

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.

Renaud Hinse
President and CEO
819 768-2857 / 450 446-5511
819 768-5475 / 450 446-3550 (FAX)
rhinse@abcourt.com
Companies Mentionned : Abcourt Mines | Mineral Resources | Noranda | X-ore |
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Abcourt Mines Inc.

DEVELOPMENT STAGE
CODE : ABI.V
ISIN : CA00288E3005
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Abcourt Mines is a silver and zinc development stage company based in Canada.

Abcourt Mines develops silver, zinc and gold in Canada, and holds various exploration projects in Canada.

Its main asset in development is ABCOURT-BARVUE in Canada and its main exploration properties are ELDER MINE, ALDERMAC, VEZZA PROPERTY, TAGAMI, JONPOL and VENDOME BARVALLEE in Canada.

Abcourt Mines is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 20.4 millions as of today (US$ 15.6 millions, € 13.9 millions).

Its stock quote reached its lowest recent point on September 28, 2001 at CA$ 0.02, and its highest recent level on April 21, 2006 at CA$ 1.39.

Abcourt Mines has 240 050 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate Presentations of Abcourt Mines Inc.
2/22/2008Mining Sector Advisory Update as Abcourt MinesSets Up for Si...
In the News and Medias of Abcourt Mines Inc.
4/19/2006Addicted to Abcourt
Annual reports of Abcourt Mines Inc.
Annual Report 2006
Financings of Abcourt Mines Inc.
10/18/2013Announces Closing of a $359,000 Private Placement
10/2/2012Closes of a Non-Brokered Private Placement of $563,000
4/19/2011Announces Filing of Final Prospectus for New Issue of Units
3/29/2011Files Preliminary Short Form Prospectus For New Issue of Uni...
1/4/2011Closing of a $1.5 M Non-Brokered Private Placement With Mine...
Option Grants of Abcourt Mines Inc.
9/26/2012Engages Investor Relations Firm
Project news of Abcourt Mines Inc.
6/8/20152015-06-08: Abcourt announces that a letter of intention has...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
5/6/20152015-05-06: Abcourt terminates discussions concerning the ac...
3/25/20152015-03-25: Abcourt signs an Indicative Term Sheet aimed at ...
2/28/20142014-02-28: Update estimate of 43-101 resources for Abcourt-...
9/24/2013(Abcourt-barvue)Purchases 23 Claims in Barraute Township, in Abitibi, to Enl...
1/29/2013(Elder Mine)Update on the Rehabilitation Work Currently Being Done at th...
5/12/2011(Elder Mine)The Dewatering of The Elder Mine Was Started at the Beginnin...
2/15/2011(Abcourt-barvue)Drilling at Abcourt-Barvue Continues to Intersect Two Bands ...
1/17/2011(Elder Mine)Continues to Expand Mineralized System at Elder Drilling Int...
12/7/2010(Abcourt-barvue)Announces First Drilling Results on Abcourt-Barvue Property
1/26/2007Option on the Aldermac property approved
Corporate news of Abcourt Mines Inc.
1/5/20162016-01-05: Abcourt Announces the Closing of a Non Brokered ...
12/7/20152015-12-07: Abcourt Directors all re-elected at annual meeti...
7/15/20152015-07-15: Abcourt signs a formal custom milling agreement ...
2/10/2015A 1,500-Meter Surface Diamond Drilling Program Starts Immedi...
1/6/20152015-01-05: Abcourt Announces Final Closings of Non Brokered...
1/1/20152014-12-30: Abcourt announces a first closing of a non-broke...
12/16/20142014-12-16: Annual meeting of shareholders held on December ...
12/16/2014Incumbent Abcourt Directors All Re-Elected at Annual Meeting...
11/17/2014Abcourt Signs a Six-Month Milling Contract With QMX Gold Cor...
11/4/20142014-10-28: Modification to the stock plan, grant of options...
10/28/2014Modification to the Stock Option Plan, Grant of Options to a...
8/25/2014Abcourt Mines Inc.: Substantial Progress Made in Mine Develo...
7/14/2014Abcourt Announces Closing of a Non-Brokered Private Placemen...
6/9/2014Abcourt Mines Inc.: Update on Elder Gold Mine
4/11/2014Abcourt Mines Inc.: Update on Elder Gold Mine
2/28/2014An Updated Estimate of 43-101 Resources for the Abcourt-Barv...
9/10/2013(Elder Mine)Additional High Grade Gold Intersections at Elder Mine Near ...
7/30/2013Elder Gold Mine Continues to Surprise Us With Some High Grad...
7/30/2013Elder Gold Mine Continues to Surprise Us With Some High Grad...
7/8/2013Update on Elder Gold Mine Development
5/21/2013Mine Development at Elder Gold Mine is Progressing Well
4/18/2013Receives the Certificate of Authorization to Proceed With th...
2/20/201343-101 Resource Report on Vendome Property
12/12/2012Annual and Special Meeting of Shareholders Held on December ...
11/5/2012The Preliminary Economic Assesment (P.E.A.) Report of Elder ...
10/24/2012P.E.A. on Elder
9/10/2012Update on Elder
4/23/2007Allied sets Oct for gold mine start
3/29/2007Option on Jonpol and Paramount
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (ABI.V)Other OTC (ABMBF)
0.085+0.00%0.070+0.00%
TSX-V
CA$ 0.085
05/20 15:54 -
0%
Prev close Open
0.090 0.085
Low High
0.085 0.085
Year l/h YTD var.
0.040 -  0.100 88.89%
52 week l/h 52 week var.
0.030 -  0.100 70.00%
Volume 1 month var.
40,000 -15.00%
24hGold TrendPower© : 28
Produces
Develops Gold - Silver - Zinc
Explores for Copper - Gold - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 10/18/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
201670.00%0.090.04
20150.00%0.070.03
2014-28.57%0.090.05
2013-30.00%0.110.06
201225.00%0.180.08
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Ormat technologiesORA
Ormat Technologies Secures $36 Million Supply EPC Contracts for a Geothermal Power Plant in New Ze
US$ 42.98+1.01%Trend Power :
Ivanhoe Mines(Ag-Au-Cu)IVN.TO
Kamoa Copper Project initiates major drilling program at the ne
CA$ 1.05+0.00%Trend Power :
Energy Fuels(Cu-Ni-Zn)EFR.TO
Announces Election of Directors and Results of Shareholder Meeting and Filing of Renewal of Prelimin
CA$ 2.88+1.77%Trend Power :
Claude Resources(Au-Cu-Ngas)CRJ.TO
Shareholders approve acquisition of Claude Resources by Silver Standard
CA$ 2.33+2.64%Trend Power :
Canalaska(Ag-Au-Co)CVV.V
Enters into $20.4 Million Deal with De Beers
CA$ 0.59+1.72%Trend Power :
Treasury MetalsTML.TO
Closing $4.0 Million Offering
CA$ 0.50-1.96%Trend Power :
American ManganeseAMY.V
CLOSES $200,500 PRIVATE PLACEMENT
CA$ 0.02+25.00%Trend Power :
UEX(Au-Cu-Ur)UEX.TO
Closes $7.25 Million Combined Flow-Through and Hard Dollar Private Placements
CA$ 0.23+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q1 2016 and Operations Update
CA$ 0.18-7.50%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Stornoway Announces Results From Annual General Meeting
CA$ 0.97+0.00%Trend Power :
Pure Gold.(Cu-Fe-Au)PGM.V
Intersects 10.9 g/t gold over 9.8 metres, Including 27.0 g/t gold over 3.8 Metres at the McVeigh Hor
CA$ 0.72+22.03%Trend Power :
Harvest Natural(Ngas-Oil)HNR
Announces 2016 First Quarter Results
US$ 0.44+2.33%Trend Power :
Premier Gold Mines(Au)PG.TO
Strengthens Senior Management
CA$ 3.29+1.23%Trend Power :
St Barbara(Au-Cu-Ni)SBM.AX
Presentation to Melbourne Mining Club
AU$ 2.60+3.17%Trend Power :
Cooper EnergyCOE.AX
Raises 18.4 millionin institutionnal placement
AU$ 0.21+0.00%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Stornoway Announces FY2016 First Quarter Results
CA$ 0.97+0.00%Trend Power :
US Geothermal.GTH.TO
Newsletter
CA$ 0.87+0.00%Trend Power :
Kinross Gold(Cu-Le-Ni)K.TO
Kinross Reports 2016 First Quarter Results
CA$ 6.50+0.78%Trend Power :
Largo Res.(Au-Cu-Mo)LGO.V
Approval for tradinb on the OTC Markets Group Listing
CA$ 0.59+13.46%Trend Power :
ValeVALE3.SA
informs the end of MRN negotiations with Hydro
BRL 14.76+2.22%Trend Power :