Abcourt Mines Inc. is pleased to announce that it has entered into a binding term sheet with Glencore AG for a senior debt financing in the principal amount of up to US$ 30 million and an accompanying offtake agreement . Key Financing Points: The Financing will be provided by Glencore in two tranches for aggregate gross proceeds of up to US$30 million: Tranche A: US$18.125 million, available to be drawn on the Closing [...]
Abcourt Mines Inc. is pleased to present an update on the November development work at the Sleeping Giant Mine, located in the Eeyou Istchee region of Quebec. Highlights Tonnes milled: 1,346 tonnes Mill Head Grade: 7.2 g/t % Recovered: 95.8% Ounces Produced: 298 ounces Ounces Poured: 425 ounces Abcourt advanced the development of its workplaces and continued hiring in November. Abcourt added a fourth mining front as [...]
Abcourt Mines Inc. is pleased to announce the results of its Annual Meeting of Shareholders held on December 10, 2025 . All resolutions presented to the Meeting were approved with of percentage of more than 94% of shares voted. Each of the nominees presented in the management circular relating to the Meeting were elected, namely: René Branchaud, Loic Bureau, Eric Gratton, Pascal Hamelin, François Mestrallet, Noureddine [...]
Abcourt Mines Inc. announces its results for the first quarter ended September 30, 2025. All monetary values ?in this press release are expressed in Canadian dollars, unless otherwise indicated. Financial statements and management discussion and analysis are available on SEDAR+. Summary of financial results Three months ended September 30 2025 2024 Revenues - - Costs of sales 5,009,786 - Loss from mining operations [...]
Abcourt Mines Inc. is pleased to present an update on the October development work at the Sleeping Giant mine, located in the Eeyou Istchee region of Quebec. Highlights Tonnes milled: 2,563 tonnes Mill Head Grade: 6.0 g/t % Recovered: 95.6% Ounces Produced: 475 ounces Ounces Sold: 124 ounces Abcourt continued hiring in October to increase feed tonnage at the mill. Hiring will continue in the coming weeks to further [...]
Abcourt Mines wishes to update its shareholders regarding the Corp's upcoming annual meeting, which is to be held at Lavery de Billy's offices at 1 Place Ville-Marie, Montreal on Dec 10, 2025 at 10:00 a.m. The Corporation confirms the availability of its Meeting Materials and wishes to advise its shareholders, due to the ongoing Canada Post service disruption, alternative options are available to access materials and vote [...]
Abcourt Mines is pleased to announce that it has closed its previously announced brokered "best efforts" private placement conducted by Red Cloud Securities, as lead agent and sole bookrunner, for aggregate gross proceeds of approximately $10,000,000 through the sale of 41,666,666 flow-through units of the Corporation sold to charitable purchasers at a price of $0.12 per Charity FT Unit; and 58,823,530 units of the [...]
Abcourt Mines Inc. is pleased to announce the receipt of its environmental certificate of authorization for custom milling of ore from off-site deposits at its Sleeping Giant mill. This certificate of authorization allows Abcourt to begin commercial discussions with potential clients, accelerate the environmental authorization process, and begin processing gold ore from mining companies that do not have a mill to extract [...]
Abcourt Mines Inc. reported its results for the fourth quarter and year ended June 30, 2025. All monetary values in this press release are expressed in Canadian dollars, unless otherwise indicated. Financial statements and management discussion and analysis are available on SEDAR+. Summary of financial results Three months ended June 30 Years ended June 30 2025 2024 2025 2024 Revenues - - - 255,000 Administration expenses [...]
Abcourt Mines Inc. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as lead agent and sole bookrunner, on behalf of a syndicate of agents , in connection with a brokered "best efforts" private placement for aggregate gross proceeds of up to $8,500,000 through the sale of up to 41,666,666 flow-through units of the Corporation to be sold to charitable purchasers at a price [...]
Abcourt Mines Inc. is pleased to present its first quarter operations report for the development of the Sleeping Giant Mine located in the Eeyou Istchee region of Quebec. Abcourt began to process materials in mid-August at its 100% owned Sleeping giant Mill from the underground mine directly underneath the mill. Between mid-August and the end of September, Abcourt began to fill the mill's circuit with gold. The circuit [...]
Abcourt Mines is pleased to announce its most recent results from the Flordin Cartwright project where two new strippings were completed. These have extended the current mineralized zone to more than 650 m while identifying new mineralized zones parallel to previously identified zones that had never been exposed or drilled at depth. The Campaign Stripping 25-01 presents mineralization parallel to the historic Adam, Horse [...]
