The Prospector News

Aben Resources Announces Amendment to the Slocan Property Option Agreement

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Aben Resources Announces Amendment to the Slocan Property Option Agreement

 

 

 

 

 

Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) has amended the option agreement dated November 9, 2021 with Eagle Plains whereby the Company may acquire a 100% interest in the Slocan Graphite Property in Southern British Columbia.

 

Under the new terms of the amendment, the Company has been granted an extension on the due date of its first anniversary obligations, being the cash payment, share issuance and exploration expenditures The first anniversary obligations, which were all due by December 31, 2022, are now due as follows:

  1. CAD $25,000 on or before March 31, 2023;
  2. 150,000 common shares on or before March 31, 2023; and
  3. CAD $250,000 in exploration expenditures on or before June 30, 2023.

 

In consideration of the amendment, the Company shall issue the Optionor an additional 350,000 common shares by March 31, 2023. All the other terms and conditions of the Agreement remain unchanged.

 

About Aben Resources:

 

Aben Resources is a diversified Canadian gold and graphite exploration company with exploration projects in British Columbia, Ontario, and the Yukon Territory.

Posted January 23, 2023

Share this news article

MORE or "UNCATEGORIZED"


Axo Copper Announces Closing of $40,250,000 Bought Deal Financing Including Full Exercise of the Over-allotment Option

Axo Copper Corp. (TSX-V:AXO) is pleased to announce that it has c... READ MORE

February 19, 2026

Discovery Reports Strong Earnings Growth and Cash Generation in Q4 2025

Cash of $410.7 million at December 31, 2025 75% INCREASE I... READ MORE

February 19, 2026

BOREALIS MINING ANNOUNCES UPDATED NI 43-101 PRELIMINARY ECONOMIC ASSESSMENT FOR THE SANDMAN GOLD PROJECT HIGHLIGHTING STRONG STAND-ALONE ECONOMICS, ADR-ENABLED CAPITAL EFFICIENCY AND SUBSTANTIAL LEVERAGE TO GOLD PRICES

Base Case NPV(6%) of US$203 million with 105% IRR at US$2,600 gol... READ MORE

February 19, 2026

Scorpio Gold Drills 49.62 Metres Grading 3.14 g/t Gold, from 59.95 Metres Extending Mineralization Along Zanzibar Trend at the Manhattan District, Nevada

Highlights Hole 25MN-044 returned 3.14 g/t gold over 49.62 metres... READ MORE

February 19, 2026

Pecoy Copper Intersects 1,014 m of 0.37% Cu and 0.13 g/t Au from 17 m, Extending 407 m Below Resource Pit Shell

Pecoy Copper Corp. (TSX-V: PCU) (FSE: D5E) (OTCQB: PCUUF) is plea... READ MORE

February 19, 2026

Copyright 2026 The Prospector News