Aben Minerals Closes Over Subscribed Private Placement

Aben Minerals Closes Over Subscribed Private Placement

Aben Minerals Ltd. (TSX-V: ABM ) (OTCQB: ABNAF ) (Frankfurt: R26 ) ("Aben" or "the Company") announces that it has closed a non-brokered private placement financing for total gross proceeds of CAD $316,000 (the " Private Placement "). This relates to the News Release dated January 20 th 2025 .

Aben has allotted and issued 4,514,286 units (the "Units") at a price of CAD $0.07 per Unit. Each Unit is comprised of one common share and one full warrant (the "Warrants"). Each Warrant will entitle the holder to purchase one common share for a period of two (2) years at a price of CAD $0.10 per share.

In addition, the Company has paid finder's fees of $ $2,940 and issued 42,000 finder's warrants (the "Finder's Warrants") to an arm's-length party. Each Finder's Warrant is exercisable into one common share for a period of up to two (2) years at a price of CAD $0.10.

The Company intends to use the proceeds from this private placement towards exploration expenditures and general working capital purposes. The private placement is subject to TSX Venture Exchange approval, and all securities are subject to a four-month-and-one-day hold period.

A portion of the Private Placement constitutes a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on the exemptions under section 5.5(a) and section 5.7(1)(a) from the formal valuation and minority shareholder approval requirements of MI 61-101, as the fair market value of the shares issued to the related party does not exceed 25% of the Company's market capitalization, as determined in accordance with MI 61-101.

About Aben Minerals:

Aben Minerals is a Canadian gold exploration company with exploration projects in the Yukon Territory and British Columbia. The Company's flagship, the 7,400-hectare, 100% owned Justin Gold Project is located in the southeast Yukon in the Tintina Gold Belt adjacent to Seabridge Gold's 3 Aces Project. Aben Minerals also owns 100% of the Forrest Kerr Gold Project located in the Golden Triangle of British Columbia and shares claims borders with Skeena's KSM Project, and Seabridge Gold's Iskut Project.

The Company's goal is to increase shareholder value through new discoveries and developing exploration projects in geopolitically favourable jurisdictions.

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For further information on Aben Minerals Ltd. (TSX-V: ABM ), visit our Company's website at   www.abenminerals.com    .

ABEN MINERALS LTD.

"Riley Trimble"  
______________________

Riley Trimble
President & CEO

For further information contact:

Aben Minerals Ltd.
Riley Trimble, President & CEO
Telephone: 604-639-3852
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@abenminerals.com

Neither 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.

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at   www.sedar.com   for further information.

News Provided by GlobeNewswire via QuoteMedia

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Aben Minerals Commences Technical Report at Forrest Kerr

Aben Minerals Commences Technical Report at Forrest Kerr

 

Aben Minerals Ltd. (TSX-V: ABM ) (OTCQB: ABNAF ) (Frankfurt: R26 ) ("Aben" or "the Company") is pleased to announce that it has commenced a NI 43-101 Technical Report at the Forrest Kerr Project, in British Columbia's Golden Triangle.

 

The author of the report is North Mountain Geosciences located in Smithers, BC. Our objective with commencing a technical report on the project is for two fundamental motives. One, collect and combine all of the exploration work and data to help determine future work programs and areas of interest on the project. And two, provide management with a fair market value for the project.

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Lithium Universe Ltd Completes PV Solar Cell Recycling Acquisition

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Highlights

- Completion of the acquisition of 100% of the issued capital of New Age Minerals Pty Ltd

- Acquisition gives Lithium Universe exclusive rights to patented photovoltaic (PV) solar panel recycling technology known as Microwave Joule Heating Technology

Further details regarding the Microwave Joule Heating Technology are set out in the Company's announcement dated 18 June 2025.

Commenting on the Acquisition, Lithium Universe's Executive Chairman, Iggy Tan said:

"We are pleased to have completed this important milestone, which now allows us to begin working more closely with the Macquarie University team. This next phase will focus on developing a robust research program to enhance the Microwave Joule Heating Technology and unlock its full commercial potential. We believe this collaboration will play a pivotal role in advancing sustainable recycling solutions and position Lithium Universe as a leader in critical metal recovery from end-of-life solar panels."

 

About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7,OTC:LUVSF) (FRA:KU00) (OTCMKTS:LUVSF) is a forward-thinking company on a mission to close the "Lithium Conversion Gap" in North America and revolutionize the photovoltaic (PV) solar panel recycling sector. The company is dedicated to securing the future of green energy by addressing two major strategic initiatives: the development of a green, battery-grade lithium carbonate refinery in Quebec, Canada, and pioneering the recycling of valuable metals, including silver, from discarded solar panels.

 

 

Source:
Lithium Universe Ltd

News Provided by ABN Newswire via QuoteMedia

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VIDEO: Lithium Universe Ltd  Interview with Executive Chairman Iggy Tan

VIDEO: Lithium Universe Ltd Interview with Executive Chairman Iggy Tan

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Additionally, the company has recently licensed to acquire technology from Macquarie University for the extraction of silver from solar cells. The technique involves a specialised process to delaminate the components in the PV cell and avoid the crushing of the cell for recycling.

This method provides a cleaner disaggregation of the materials in the cell and enables the liberation of critical materials and a significant amount of silver. Silver is a component in the manufacture of PV cells, and with an estimated amount of 80 million tonnes of solar cell waste globally, typically dumped, the process facilitates easy recovery of these valuable materials.

To Watch the Interview with Mr. Iggy Tan, please visit:
https://www.abnnewswire.net/lnk/2HQJB3QO

 

About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7,OTC:LUVSF) (FRA:KU00) (OTCMKTS:LUVSF) is a forward-thinking company on a mission to close the "Lithium Conversion Gap" in North America and revolutionize the photovoltaic (PV) solar panel recycling sector. The company is dedicated to securing the future of green energy by addressing two major strategic initiatives: the development of a green, battery-grade lithium carbonate refinery in Quebec, Canada, and pioneering the recycling of valuable metals, including silver, from discarded solar panels.

 

 

Source:
Lithium Universe Ltd

News Provided by ABN Newswire via QuoteMedia

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With a large oxide layering thickness, a near-monomineralic VTM composition, and extensive mineral tenures, the Radar Project shows the potential to become a globally meaningful VTM project. We use Panzhihua as our deposit model target, however, note that comparable Labradorite-type AMCG deposits are not necessarily indicative of the grades and tonnes of the mineralization within the Dykes River intrusion.

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