Abcourt Announces Closing of $4,500,000 Private Placement Resulting in the Creation of a New Control Person
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ROUYN-NORANDA, Quebec, July 25, 2024 (GLOBE NEWSWIRE) — Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF) announces that it has completed the closing of its previously announced non-brokered private placement of 112,500,000 units of the Corporation (the “Units”) at a price of $0.04 per Unit, for gross proceeds of $4,500,000 (the “Private Placement”). 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 one Common Share at a price of $0.06, for a period of 36 months.
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