Abcourt Closes a Final Tranche of the Private Placement of Units Previously Announced, for an Additional Amount of $627,570

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ROUYN-NORANDA, Quebec, June 27, 2024 (GLOBE NEWSWIRE) — Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF) announces that it has completed a fifth and final closing of the non-brokered private placement announced on March 12, 2024 (the “Private Placement”), for additional gross proceeds of $627,570, representing 12,551,400 units of the Corporation (the “Units”), at a price of $0.05 per Unit. Each Unit consists of one common share of the Corporation (a “Common Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles its holder to subscribe for one Common Share at a price of $0.06 for a period of 36 months.

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