Abcourt Mines (ABMBF) (TSXV:ABI) - Can Abcourt Unlock High-Grade Gold Potential -
Abcourt Mines (TSXV:ABI) - Self-Funded High-Grade Gold Mill Expands -
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Abcourt Establishes Surety Facility Resulting in Balance Sheet Improvement
V.ABI |
ROUYN-NORANDA, Quebec, Nov. 27, 2023 (GLOBE NEWSWIRE) --
Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) is pleased to announce that in collaboration with
Purves Redmond Limited and a Canadian Insurance Company, the establishment of a Surety Facility(“Facility”)
with respect to its Sleeping Giant and Elder environmental bonds totaling C$5,867,786.
The Facility requires the Company to provide a Letter of Credit secured by cash collateral of C$2,933,893 and pay an annual fee.
The Facility allows Abcourt to withdraw funds of C$5.9 million from the Ministry of Natural Resources and results
in a net improvement to Abcourt’s cash position of C$2,9M.
This additional financial flexibility will be beneficial in the short term while Abcourt begins to sell gold to the market
from the processing of mineralized materials from Pershing-Manitou deposit in the Sleeping Giant mill.
ABOUT ABCOURT MINES INC.
Abcourt Mines Inc. is a Canadian gold exploration company with properties strategically located in northwestern Quebec, Canada. Abcourt 100% owns the Sleeping Giant mill and mine where it concentrates its activities. The Sleeping Giant mine has a mining lease, as well as environmental certificates of authorization to extract up to 750 tonnes per day from its underground mine.
For further information, please visit our website at www.abcourt.ca and consult our filings under Abcourt's profile on www.sedarplus.ca, or contact:
Pascal Hamelin
President and CEO
T: (819) 768-2857
E: phamelin@abcourt.com Dany Cenac Robert, Investor Relations
Reseau ProMarket Inc.,
T: (514) 722-2276, post 456
E: dany.cenac-robert@reseaupromarket.com
Cautionary Statement on Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation based ---- The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
https://abcourt.ca/wp-content/uploads/2023/06/Abcourt-Investor-Presentation-2023-06-v0.pdf
https://abcourt.ca/wp-content/uploads/2023/07/English-Abcourt-quick-fact-sheet-14.7.23-A4-2.pdf
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https://abcourt.ca
https://abcourt.ca/en/news/
$GOLD PRICES HIT ALL TIME HIGH IN AUSTRALIA, JAPAN, CHINA, TAIWAN | CNBC TV18
WATCH
https://www.bitchute.com/video/ePabMYIGyaoh/
$GOLD HUGE! This Is the BIGGEST $Gold News in 50 Years, It's Time to Go All-In - Andy Schectman
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$GOLD BULL CATALYST: Situation Is Dire As Worries Mount Over United States
Worries are increasing regarding the United States and this is definitely going to be a positive catalyst
for the gold bull market.
Is it Finally Happening! Is This What's Happening -
With $Gold Prices -
$Gold Legal Tender GOD'S Real Money -
$GOD We Trust - Real Money - AU Safety 6000yrs
$Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -[
Prayers TIA.
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
God Bless
Amen
Bullish
BULLISH
Abcourt Mines (TSXV:ABI) - Self-Funded High-Grade Gold Mill Expands -
https://www.youtube.com/watch?v=13YdM9zUzCY
Crux Investor
87.7K subscribers
https://www.youtube.com/watch?v=teRX8Rmbbqk&t=1s
https://abcourt.ca/en/news/
Abcourt Establishes Surety Facility Resulting in Balance Sheet Improvement
V.ABI |
ROUYN-NORANDA, Quebec, Nov. 27, 2023 (GLOBE NEWSWIRE) --
Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) is pleased to announce that in collaboration with
Purves Redmond Limited and a Canadian Insurance Company, the establishment of a Surety Facility(“Facility”)
with respect to its Sleeping Giant and Elder environmental bonds totaling C$5,867,786.
The Facility requires the Company to provide a Letter of Credit secured by cash collateral of C$2,933,893 and pay an annual fee.
The Facility allows Abcourt to withdraw funds of C$5.9 million from the Ministry of Natural Resources and results
in a net improvement to Abcourt’s cash position of C$2,9M.
This additional financial flexibility will be beneficial in the short term while Abcourt begins to sell gold to the market
from the processing of mineralized materials from Pershing-Manitou deposit in the Sleeping Giant mill.
ABOUT ABCOURT MINES INC.
Abcourt Mines Inc. is a Canadian gold exploration company with properties strategically located in northwestern Quebec, Canada. Abcourt 100% owns the Sleeping Giant mill and mine where it concentrates its activities. The Sleeping Giant mine has a mining lease, as well as environmental certificates of authorization to extract up to 750 tonnes per day from its underground mine.
For further information, please visit our website at www.abcourt.ca and consult our filings under Abcourt's profile on www.sedarplus.ca, or contact:
Pascal Hamelin
President and CEO
T: (819) 768-2857
E: phamelin@abcourt.com Dany Cenac Robert, Investor Relations
Reseau ProMarket Inc.,
T: (514) 722-2276, post 456
E: dany.cenac-robert@reseaupromarket.com
Cautionary Statement on Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation based ---- The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
https://abcourt.ca/wp-content/uploads/2023/06/Abcourt-Investor-Presentation-2023-06-v0.pdf
https://abcourt.ca/wp-content/uploads/2023/07/English-Abcourt-quick-fact-sheet-14.7.23-A4-2.pdf
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172397053
https://abcourt.ca
https://abcourt.ca/en/news/
$GOLD PRICES HIT ALL TIME HIGH IN AUSTRALIA, JAPAN, CHINA, TAIWAN | CNBC TV18
WATCH
https://www.bitchute.com/video/ePabMYIGyaoh/
$GOLD HUGE! This Is the BIGGEST $Gold News in 50 Years, It's Time to Go All-In - Andy Schectman
Finance Log
15.8K subscribers
https://www.youtube.com/watch?v=FufotnaO3kQ
$GOLD BULL CATALYST: Situation Is Dire As Worries Mount Over United States
Worries are increasing regarding the United States and this is definitely going to be a positive catalyst
for the gold bull market.
Is it Finally Happening! Is This What's Happening -
With $Gold Prices -
$Gold Legal Tender GOD'S Real Money -
$GOD We Trust - Real Money - AU Safety 6000yrs
$Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -[
Prayers TIA.
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
God Bless
Amen
Bullish
BULLISH
Bullish
Recent ABMBF News
- Abcourt Presents Operations Update for the Quarter ended March 31st, 2026, in the Development of the Sleeping Giant Mine • GlobeNewswire Inc. • 04/15/2026 05:00:00 AM
- Abcourt Mines Receives TSXV Approval to Implement a Normal Course Issuer Bid (NCIB) • GlobeNewswire Inc. • 04/02/2026 11:00:00 AM
- Abcourt Presents Operations Update for February 2026 in the Development of the Sleeping Giant Mine and a corporate update • GlobeNewswire Inc. • 03/18/2026 11:00:00 AM
- Abcourt Completes High-Resolution Drone Magnetic Survey on its Flordin Property • GlobeNewswire Inc. • 02/23/2026 12:00:00 PM
- Abcourt announces its financial results for the quarter ended December 31, 2025 • GlobeNewswire Inc. • 02/19/2026 12:00:00 PM
- Abcourt Presents Operations Update for January 2026 in the Development of the Sleeping Giant Mine • GlobeNewswire Inc. • 02/18/2026 12:00:00 PM
- Abcourt Mines Announces Participation in Red Cloud's Pre-PDAC Mining Showcase • Newsfile • 02/12/2026 02:07:00 PM
- Abcourt Resumes Drilling on its Flordin Property with a 20,000-metre Campaign • GlobeNewswire Inc. • 02/05/2026 12:00:00 PM
- Abcourt Mines announces the Appointment of Dany Cenac Robert as Vice-President, Communications and Corporate Development • GlobeNewswire Inc. • 02/03/2026 12:00:00 PM
- Abcourt Closes US$ 30M Senior Debt Financing and Offtake Agreement with Glencore • GlobeNewswire Inc. • 01/30/2026 06:14:51 PM
- Abcourt Presents Operations Update for December 2025 in the Development of the Sleeping Giant Mine • GlobeNewswire Inc. • 01/20/2026 12:00:00 PM
- Abcourt Announces the Appointment of Loïc Bureau as Chief Operating Officer • GlobeNewswire Inc. • 01/13/2026 01:00:00 PM
- Abcourt Announces Binding Term Sheet with Glencore AG for Senior Debt Financing and Offtake Agreement • GlobeNewswire Inc. • 12/22/2025 12:00:00 PM
- Abcourt Presents Operations Update for November 2025 in the Development of the Sleeping Giant Mine • GlobeNewswire Inc. • 12/17/2025 12:00:00 PM
- Results from the Annual Shareholders Meeting • GlobeNewswire Inc. • 12/11/2025 09:30:00 PM
- Momentum Builds, Upside Appears as Mining Explorers Transition Toward Production, Unlock Major Hidden Value • InvestorsHub NewsWire • 12/08/2025 02:00:00 PM
- Momentum Builds, Upside Appears as Mining Explorers Transition Toward Production, Unlock Major Hidden Value • GlobeNewswire Inc. • 12/08/2025 01:30:00 PM
- Abcourt Announces its Results for the First Quarter Ended September 30, 2025 and the Engagement of Red Cloud Securities to Provide Market-Making Services • GlobeNewswire Inc. • 11/27/2025 10:30:54 PM
- Abcourt Presents Operations Update for October 2025 in the Development of the Sleeping Giant Mine • GlobeNewswire Inc. • 11/11/2025 12:00:00 PM
- Abcourt Announces Arrangements for Upcoming Annual Meeting of Shareholders in Event of Canada Post Service Disruption • GlobeNewswire Inc. • 11/04/2025 12:00:00 PM
- Abcourt Closes $10 Million Brokered Private Placement • GlobeNewswire Inc. • 10/31/2025 05:20:38 PM
- From Explorer to Producer: The Most Compelling Mining Window • InvestorsHub NewsWire • 10/30/2025 01:00:00 PM
- Abcourt obtains its environmental certificate of authorization for custom milling at the Sleeping Giant Mill • GlobeNewswire Inc. • 10/28/2025 11:00:00 AM
- Abcourt Reports its Results for the Fourth Quarter and Year Ended June 30, 2025 • GlobeNewswire Inc. • 10/23/2025 08:08:03 PM
- Abcourt Announces Brokered Private Placement for Gross Proceeds of Up to $8.5 Million • GlobeNewswire Inc. • 10/14/2025 10:20:31 PM

