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Aben Amends VF Gold Property Option Agreement, SE Yukon
Published : August 15, 2013
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Mots clés associés :   Uranium |

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 15, 2013) - Aben Resources Ltd. (News - Market indicators) (PINKSHEETS:ABNAF) (FRANKFURT:E2L) (the "Company") announces that it has amended its Option Agreement to acquire a 100% interest in the VF Gold Project Claims (the "VF Property") (see news release dated March 5, 2012). The VF gold property forms a portion of Aben's 18,300 acres Justin gold project located in the upper Hyland River Gold Belt of Watson Lake Mining District of southeast Yukon Territories.

Justin Gold Project SE Yukon Claims Map: http://www.abenresources.com/i/maps/Justin-Claim-Boundary.jpg

Pursuant to the terms of the amending agreement (the "Amending Agreement"), the remaining cash payments of $120,000 and exploration commitments of $100,000 required over the five year term of the agreement are no longer required. The Company will now issue a total of 1,700,000 common shares to the Vendor upon receipt regulatory acceptance of the Amending Agreement. Upon issuance of the shares to the Vendor, the Company will have earned a 100% interest in the VF Property.

The above transaction is subject to the acceptance of the TSX Venture Exchange.

About Aben Resources:

Aben Resources Ltd. is a Canadian gold, silver, and uranium exploration company developing properties in the Yukon, NWT, and Saskatchewan's Athabasca Basin. The Company's road-accessible Justin gold project boasts a greenfield gold discovery made in 2011.

For further information on Aben Resources Ltd. (News - Market indicators), 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.



Don Myers
Aben Resources Ltd.
Corporate Communications
604-687-3376 or Toll Free: 800-567-8181
604-687-3119 (FAX)
info@abenresources.com

Aben Resources Ltd.

EXPLORATEUR
CODE : ABN.V
ISIN : CA00289T1084
CUSIP : 20855Q106
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Aben Resources est une société d’exploration minière d'or et de molybdène basée au Canada.

Aben Resources détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont RALEIGH LAKE, HIT, SPROGGE, SELWYN LAKE, GAMA LAKE, HUARD-KIRSCH LAKE, RUSTY SPRINGS, MANN LAKE et NWT PERMITS au Canada.

Aben Resources est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 4,5 millions CA$ (3,6 millions US$, 3,1 millions €).

La valeur de son action a atteint son plus haut niveau récent le 11 juin 1999 à 96,00 CA$, et son plus bas niveau récent le 17 février 2023 à 0,02 CA$.

Aben Resources possède 31 940 000 actions en circulation.

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