Abcourt Mines is pleased to announce that it has closed its previously announced brokered "best efforts" private placement conducted by Red Cloud Securities, as lead agent and sole bookrunner, for aggregate gross proceeds of approximately $10,000,000 through the sale of 41,666,666 flow-through units of the Corporation sold to charitable purchasers at a price of $0.12 per Charity FT Unit; and 58,823,530 units of the
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