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)
Joe Cavatoni, gold bars.

Joe Cavatoni: Can Gold Rise in H2? 3 Key Factors I'm Watching

Joe Cavatoni, senior market strategist, Americas, at the World Gold Council, shares key takeaways from the organization's latest quarterly Gold Demand Trends report. He highlights the yellow metal's resilience at the US$4,000 per ounce level in the face of various price headwinds. Cavatoni also... Keep Reading...
Two people in suits shake hands, agreeing to a deal.

Barrick, Newmont Settle Nevada Dispute in US$1.95 Billion Deal

Gold giants Barrick Mining (TSX:ABX,NYSE:B) and Newmont (NYSE:NEM,ASX:NEM) agreed to a US$1.95 billion truce on Monday (August 10), resolving a months-long dispute between the top gold miners that threatened to derail Barrick's planned North American spin-off.Under the settlement, Newmont... Keep Reading...
Gold bars resting on a Federal Reserve document with emblem and partial visible text.

Fed’s Hawkish Hold Splits Metals: Gold Gains, Silver Falls

The US Federal Reserve’s decision to hold interest rates steady while signaling a clear bias toward future hikes has propelled gold to new highs while exposing silver’s macroeconomic vulnerabilities.Following the Federal Open Market Committee (FMOC) meeting on July 29, the central bank... Keep Reading...
Pinnacle Silver and Gold (TSXV:PINN)

Pinnacle Closes First Tranche of Private Placement

Pinnacle Silver and Gold Corp. (" Pinnacle " or the “ Company ") is pleased to announce that it has closed a first tranche of the non-brokered private placement announced on July 13, 2026 (the “Offering”) for gross proceeds of $652,080. The first tranche consisted of 5,928,000 units (the... Keep Reading...
Gold nuggets with text: "5 Top Australian Mining Stocks This Week."

Top 5 Australian Mining Stocks This Week: Vertex Minerals Shines on Gold Mine Update

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.Companies focused on gold, copper and rare earths landed in the top five this week, with gold miner Vertex Minerals taking the top spot.Read on to discover this week's top gaining Australian... Keep Reading...

Interactive Chart

Latest Press Releases

Related News