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Mining & Metals

Aben Gold Raises $1.3 Million in Private Placement for Yukon Exploration

Aben Gold (ABM.V) raised $1.3 million after it closed its non-brokered private placement financing, it said on Friday.The offering consisted of the issuance of 6.7-million units at C$0.20 apeice. Proceeds will be used for exploration and upcoming drilling program at its Justin Gold Tungsten Project in the Yukon Territory, the company said.Shares of the company closed unchanged at $0.19 on Thursday on the TSX Venture Exchange.

$ABM.V
Mining & Metals

Aben Gold Announces up to $1.5 Million Non-Brokered Flow-Through Private Placement

Aben Gold (ABM.V) on Tuesday proposed to complete a non-brokered private placement financing to raise gross proceeds of up to $1.5 million by the issuance of up to 7.5 million flow-through units at a price of $0.20 each.Each FT unit will consist of one flow-through common share in the capital of the company that will qualify as a "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act (Canada) and one-half of one common share purchase warrant, said the company.Each whole warrant will entitle the holder thereof to acquire one non-flow-through common share at an exercise price of $0.30 per warrant share for a period of 24 months following the closing of the offering, added the company."In the event that, after the statutory hold period has expired, the closing price of the Issuer's common shares on any other stock exchange on which the Issuer's common shares are then listed, is at a price equal to or greater than $0.50 for a period of ten (10) consecutive trading days, the Issuer will have the right to accelerate the expiry date of the Warrants," said the company.One or more insiders of the company are expected to participate in the offering.The company plans to use the proceeds of the offering primarily for conducting exploration and drilling on its Justin gold tungsten property located within the Tombstone Gold Belt in southeastern Yukon Territory, Canada.The closing of the offering is subject to receipt of approval of the TSX Venture Exchange.

$ABM.V
Mining & Metals

Aben Gold Receives Mining Land Use License For Justin Project, Yukon

Aben Gold (ABM.V) has received a Class 3 quartz mining land use license for its Justin Gold Tungsten Project in southeast Yukon, the company said on Friday.The approval is valid until May 20, 2031, and authorizes a wide range of exploration activities across 375 mineral claims, including diamond drilling and mechanized trenching.Aben's 2026 exploration program, which is scheduled to commence in mid-July and run through mid-September, includes 1,500 metres of diamond drilling between two zones targeting the POW Zone (gold + tungsten) and the Lost Ace Zone.Aben Gold shares closed unchanged at $0.20 on Thursday on the TSX Venture Exchange.

$ABM.V
Mining & Metals

Aben Gold Announces 2026 Exploration Program at Justin Gold Tungsten Project, Yukon

Aben Gold (ABM.V) outlined the scope of its 2026 exploration program at the 100%-owned Justin Gold Tungsten Project, located southeast Yukon in the "highly prospective" Tombstone Gold Belt, on Friday.The Justin Gold Tungsten Project covers approximately 7,400 hectares, said the company.The 2026 program is designed to advance the multi-metal (gold + tungsten) potential of the POW intrusion-related (IRGS) Zone, the high-grade Lost Ace orogenic-gold Zone, and other regional targets identified by the 2024 QMAGT airborne geophysical survey, said the company.Field activities are scheduled to begin in mid-July and are expected to be completed by mid-September 2026, said the company, and added that the program will be staged out of Seabridge Gold's 3 Aces Camp, which is located immediately adjacent to the property and provides excellent logistical support and camp-specific infrastructure.The 2026 diamond drilling program will consist of approximately 1,500 meters of drilling across three drill pads designed to test two of the project's "highest-priority targets," added the company. Approximately 1,000 meters will evaluate the gold-tungsten potential of the POW Zone, with an additional 500 meters planned at the high-grade Lost Ace Zone, it further added."We are excited to announce our fully contracted 2026 program at Justin," said Riley Trimble, President and Chief Executive Officer of Aben Gold Corp. "Staging out of the 3 Aces Camp and working with proven contractors that have Yukon experience will allow us to execute efficiently. This campaign is a major step in unlocking the gold and tungsten potential of the project, and we look forward to delivering results to shareholders this fall."

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