Abacus Mining & Exploration announces that the discussions regarding its proposed acquisition of Burnstone Ventures have been terminated. Despite extensive discussions to-date, the parties have been unable to reach agreement on suitable terms for a transaction in a definitive arrangement agreement, as contemplated by the previously executed letter [...]
Abacus Mining & Exploration is pleased to announce that it has entered into a binding letter agreement with Burnstone Ventures pursuant to which Abacus will acquire, in consideration of Abacus common shares, all of the outstanding securities of Burnstone by way of a statutory court-approved plan of arrangement. Upon closing of the Arrangement [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 4, 2014) - Abacus Mining & Exploration Corporation (TSX VENTURE:AME) (the "Company") announces that, following receipt of approval from the TSX Venture Exchange for the previously announced shares for debt transaction, the Company has now issued 400,000 common shares to Ian MacNeily, former Executive [...]
Update on Permitting Progress and 2014 Work Programme VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 29, 2014) - Abacus Mining and Exploration Corporation ("Abacus" or the "Company") (TSX VENTURE:AME) announces that KGHM International Ltd., a wholly owned subsidiary of its joint venture partner and operator of the Ajax Project near Kamloops [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 25, 2014) - Abacus Mining and Exploration Corporation (TSX VENTURE:AME) ("Abacus" or the "Company") announces that it has agreed, subject to the approval of the TSX Venture Exchange, to issue 400,000 common shares of Abacus (the "Shares") to Ian M. MacNeily, former Executive Vice President and Chief [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 3, 2014) - Abacus Mining and Exploration Corporation (TSX VENTURE:AME) ("Abacus" or the "Company") announces that effective February 1, 2014, the following management and board of director changes have been made. Mr. James Excell has resigned as President, CEO and a director of Abacus effective [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 9, 2013) - The board of directors of Abacus Mining & Exploration Corporation (TSX VENTURE:AME) ("Abacus") has granted 2,700,000 stock options to employees, directors and officers of Abacus. In considering the stock option grants, the board of directors took into account the 50% reductions in [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 2, 2013) - Abacus Mining & Exploration Corporation (TSX VENTURE:AME) ("Abacus" or the "Company") announces today that it has been informed by KGHM International Limited ("KI") the operator of the Ajax copper/gold project that KI has recently concluded a comprehensive evaluation of the Ajax project [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/16/13 -- May 16, 2013. Abacus Mining & Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") announces today that its Board of Directors has adopted a new shareholder rights plan (the "Plan"). In making this announcement, the Company emphasizes that it is not aware of any pending [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/19/13 -- Abacus Mining & Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") is pleased to provide the following update from a recent KGHM-Ajax Mining Inc. ("KGHM-Ajax") Board Meeting. Abacus holds a 20% interest in KGHM-Ajax which owns the Ajax copper-gold project ("Ajax [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/13/13 -- Abacus Mining & Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") has been notified by the TSX Venture Exchange that its application to extend the expiry date of the previously issued warrants of the Company ("Warrants") by a further six (6) months has been approved [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/01/13 -- Abacus Mining & Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") has applied to the TSX Venture Exchange (the "Exchange") to extend the expiry date of previously issued warrants of the Company ("Warrants") by a further six (6) months.