Abcourt Closes a Third Tranche of the Private Placement of Units Previously Announced, for an Additional Amount of $209,000
ROUYN-NORANDA, Quebec, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) announces that it has completed a third tranche of the non-brokered private placement announced on August 31, 2023, for additional gross proceeds of $209,000, representing 5,225,000 units of the Corporation (“Units”) at a price of $0.04 per Unit (the "Offering"). In the aggregate, total gross proceeds of the Offering are of $2,330,150.
- In the aggregate, total gross proceeds of the Offering are of $2,330,150.
- Each Unit consists of one common share of the Corporation (a “Common Share”) and one common share purchase warrant (a “Warrant”).
- Each Warrant entitles the holder thereof to purchase one Common Share at a price of $0.05 for a period of 36 months.
- The Offering remains subject to final approval of the Exchange.