The Prospector News

Aben Resources Closes 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 Closes Amendment to the Slocan Property Option Agreement

 

 

 

 

 

Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) announces that, further to its news release dated January 23, 2023, it has received the approval of the TSX Venture Exchange on the amendment to 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 has issued the Optionor an additional 350,000 common shares. 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 February 7, 2023

Share this news article

MORE or "UNCATEGORIZED"


Brazil Potash Presells 91% of Future Production, Catalyzing Construction Financing Phase

Final critical mineral offtake agreement with Kimia Solutions key... READ MORE

October 28, 2025

Midnight Sun Closes Oversubscribed C$30,475,575 "Bought Deal" LIFE Offering

Midnight Sun Mining Corp. (TSX-V: MMA) (OTCQX: MDNGF) is pleased ... READ MORE

October 28, 2025

AbraSilver Drilling at Diablillos Intersects 8.5 Metres at 13.81 g/t Gold at Oculto East

Separate Hole Intersects Broad Zone of 180 m Grading 0.65 g/t Gol... READ MORE

October 28, 2025

Koryx Copper Announces Further Positive Drill Results at the Haib Copper Project, Southern Namibia

Highlights  • Assays reported for a further 17 drill holes for... READ MORE

October 28, 2025

Scottie Resources Announces Impressive Economics in Preliminary Economic Assessment for Scottie Gold Mine Project

Scottie Resources Corp. (TSX-V: SCOT) (OTCQB: SCTSF) (FSE: SR80) ... READ MORE

October 28, 2025

Copyright 2025 The Prospector News