Abcourt Appoints a New Director and Grants Stock Options

Abcourt Mines Inc. ("Abcourt" or the "Corporation") (TSX Venture: ABI) (OTCQB: ABMBF) welcomes Mr. Chad Williams, as new director of the Corporation, in replacement of Lise Kistabish, who resigned last June 2025.

Chad Williams has an extensive background in capital markets and business management. He is the founder and Chairman of Red Cloud Mining Capital Inc, Honey Badger Silver, Mines D'Or Orbec and Sharechest. He was one of the founders of both Agilith Capital Inc. and Westwind Capital Inc., as well as the former CEO of Victoria Gold Corp. (he departed in 2011) and former Head of Mining Investment Banking at Blackmont Capital Inc. He also serves on the board of NewFound Gold Corp. Prior to these positions, Mr. Williams was a top-ranked mining analyst at TD Bank and other Canadian brokerage firms in Toronto. Mr. Williams is a member of the Association of Professional Engineers of Ontario, having received a Bachelor of Engineering degree and a Master of Business Administration from McGill University.

The Board of Directors of Abcourt has also granted an aggregate amount of 21,600,000 common share purchase options to its directors, officers, employees and consultants, of which 13,750,000 to the directors and executive officers, 6,900,000 to officers, employees and some consultants and 950,000 to persons performing investor relations activities. The options were granted at an exercise price of $0.07 and will expire on August 28, 2030. The options were granted pursuant to the Stock Option Plan of Abcourt, which was modified by the Board of Directors to increase the maximum number of common shares that can be issued upon exercise of options to 60,000,000, representing app. 6% of the outstanding common shares of Abcourt. This amendment to the Stock Option Plan is subject to the approval of the TSX Venture Exchange.

About Abcourt Mines Inc.

Abcourt Mines Inc. is a Canadian exploration company with strategically located properties in northwestern Quebec, Canada. Abcourt owns the Sleeping Giant mine and mill and the Flordin property, where it focuses its exploration and development activities.

For more information about Abcourt Mines Inc., please visit our website at www.abcourt.ca and view our filings under Abcourt's profile on www.sedarplus.ca .

Pascal Hamelin Dany Cenac Robert, Investor Relations
President and Chief Executive Officer Reseau ProMarket Inc.,
T : (819) 768-2857 T : (514) 722-2276, ext. : 456
Email : phamelin@abcourt.com Email : dany.cenac-robert@reseaupromarket.com

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 release.


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

ABI:CA
The Conversation (0)
Stardust Metal

Stardust Metal Uncovers Large, Never-Drilled Ultramafic Target Adjacent to High-Grade Kerr Addison in Kirkland Lake

Stardust Metal Corp. (CSE: ZIGY) ("Stardust" or the "Company") is pleased to announce the discovery of a significant geophysical target at its McGarry Project, located in the heart of the world-class Kirkland Lake gold district, home to some of Canada's most prolific high-grade gold mines,... Keep Reading...
iMetal Resources Completes 2025 Drilling at Gowganda West

iMetal Resources Completes 2025 Drilling at Gowganda West

iMetal Resources Inc. (TSXV: IMR,OTC:IMRFF) (OTCQB: IMRFF) (FSE: A7VA) ("iMetal" or the "Company") has completed 2025 Phase I drilling at the Company's Gowganda West ("GW") project. Core logging and sampling is in progress and samples will be sent to the ALS Minerals laboratory in Val D'or,... Keep Reading...
Walker Lane Resources Ltd. Announces Precision Geosurveys Contracted to Complete an Airborne Geophysical Survey at its Silver Mountain Project, Walker Lane Gold Trend, Nevada

Walker Lane Resources Ltd. Announces Precision Geosurveys Contracted to Complete an Airborne Geophysical Survey at its Silver Mountain Project, Walker Lane Gold Trend, Nevada

TSX-V: WLR Frankfurt: 6YL Walker Lane Resources Ltd. (TSXV: WLR,OTC:CMCXF) (Frankfurt: 6YL) "Walker Lane") is pleased to announce that Precision Geosurveys Inc. has been contracted to complete an airborne total magnetic field and radiometric survey on its Silver Mountain Project located in the... Keep Reading...
CopAur Minerals Inc.

CopAur Minerals Agrees to Terms with Omega Pacific Resources on the Williams Property

CopAur Minerals Inc. (TSXV: CPAU) ("CopAur" or the "Company") announces that pursuant to the press release on November 24th, 2025, by Omega Pacific Resources Ltd (CSE: OMGA) ("Omega"), that CopAur and Omega (the "Parties") have completed an amendment of the Williams Property (the "Property")... Keep Reading...
Bert Dohmen

Bert Dohmen: Gold Price Going "Much Higher," Silver to Play Catch Up

Bert Dohmen, founder and CEO of Dohmen Capital Research, discusses precious metals.He believes gold's fundamentals support "much higher prices" for a number of years, and sees silver doing even better as the US faces down the specter of potential deflation. Don't forget to follow us... Keep Reading...
Hand labeled "BRICS" cutting paper money with scissors.

How Would a New BRICS Currency Affect the US Dollar?

The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, have had many discussions about establishing a new reserve currency backed by a basket of their respective currencies. The creation of a potentially gold-backed currency, known as the "Unit," as a US dollar... Keep Reading...

Latest Press Releases

Related News