Aben Resources Ltd. announces that it has granted 3,398,384 incentive stock options to its directors, officers, employees and consultants. The Options are exercisable at $0.065 per share for a period of two years from the date of grant. The Options have been granted under and are governed by the terms of the Company's incentive stock option plan. About Aben Resources: Aben Resources is a Canadian gold exploration company [...]
Aben Resources Ltd. announces that the Company’s Board of Directors has approved the amendment of certain common share purchase warrants , that were issued by way of private placement, by extending the expiry date one additional year. The Warrants affected are 8,560,000 share purchase warrants issued on June 29, 2017 with an expiry date of December 29, 2020 and exercisable at $0.15 per common share. The new expiry date [...]
Aben Resources Ltd. announces the results of the recently completed drill program from the Forrest Kerr Gold Project. The Company completed two holes for a total of 990.0 meters. The 2020 drill program tested for the mineralized extension of high-grade polymetallic mineralization on the west side of the Nelson Creek Fault Zone. Both holes were collared on the scree-covered west bank of the Boundary Valley, several hundred [...]
Aben Resources Ltd. announces the results of its 2020 Annual General Meeting of shareholders held on Wednesday, October 14, 2020. Shareholders approved all the resolutions detailed in the management information circular of the Company dated September 17, 2020, namely: Fixing the number of the Board of Directors at four and electing all of management’s nominees, namely James Pettit, Donald Huston, Timothy Termuende and [...]
Aben Resources Ltd. is pleased to announce it has closed a non-brokered private placement financing for total gross proceeds of CAD $153,499.94 . The Company has allotted and issued 1,395,454 units at a price of CAD $0.11 per Unit. Each Unit is comprised of one common share and one transferable warrant . Each Warrant will entitle the holder to purchase one additional common share for a period of two years at a price of [...]
Aben Resources Ltd. announces a non-brokered private placement of up to $500,000 at a price of $0.11 per unit. Each Unit will consist of one common share of the Company and one transferable share purchase warrant, entitling the holder to purchase an additional common share at a price of $0.15 for a period of two years. Proceeds of the offering will be used towards general working capital. Finder's fees may be paid in [...]
Eric Sprott wishes to clarify certain information appearing in the news release issued earlier today regarding his holdings in Aben Resources Ltd. . Previously, Mr. Sprott had disclosed that an aggregate of 6,666,667 common share purchase warrants of the Corporation had expired unexercised. Mr. Sprott wishes to clarify that that the Warrants have not expired and were amended by the Corporation to extend the expiry date to [...]
Aben Resources Ltd. is pleased to announce that they have commenced drilling at the Forrest Kerr Gold Project located in the Golden Triangle region of NW British Columbia. The drill program is designed to test a new area with high-grade surface samples from outcrop. PROGRAM HIGHLIGHTS High-grade surface samples returned values ranging from 10.0 to 43.4 g/t Au , 29.2 to 46.0 g/t Ag and 1.3 to 4.6% Cu in multiple rock [...]
Aben Resources Ltd. is pleased to announce that the 2020 field season is proceeding well and will be moving into the next phase which will include Pad building in advance of the arrival of the drill. The Pad building crew should be on site today and should take a week to get things ready for the drill program to begin. The field program, to date, has been very encouraging as the crew has been successful in further [...]
Aben Resources Ltd. is pleased to announce that it has established an exploration camp and commenced ground work at the Forrest Kerr Gold Project located in the Golden Triangle region of NW British Columbia. Initial fieldwork will consist of mapping, prospecting, soil and rock sampling to better define existing targets and generate new targets for a drill program later in the season . Forrest Kerr Project, Golden [...]
Aben Resources Ltd. announces that, further to its July 17, 2020 news release, it has received approval from the TSX Venture Exchange to amend the exercise price and expiry date of common share purchase warrants previously issued in connection with its non-brokered private placement of units of the Company that closed on August 21, 2018. Each Warrant initially entitled the holder to purchase one common share of the [...]
Aben Resources Ltd. announces that the Company’s Board of Directors has approved the amendment of certain common share purchase warrants , that were issued by way of private placement, by extending the expiry date and reducing the exercise price. The Warrants affected are 14,264,967 share purchase warrants issued on August 21, 2018 with an expiry date of August 21, 2020 and exercisable at $0.45 per common share. The new [...]