Aben Resources Closes Second Tranche of Private Placement
19 Settembre 2012 - 5:48PM
Marketwired Canada
Aben Resources Ltd. (TSX VENTURE:ABN) (FRANKFURT:E2L) (PINKSHEETS:ABNAF) (the
"Company") announces further to its news release of August 21, 2012, the Company
has closed its second and final tranche of its private placement by the issuance
of 2,597,142 flow-through units at a price of $0.07 per unit.
The funds raised will be applied to the continuing drill program on the
Company's 100% owned, 18,314 acre flagship Justin gold-silver project located in
the southeast Yukon.
Justin Project Plan View of POW Zone Drilling:
http://www.abenresources.com/i/maps/ABN-Justin-Project-Plan-View-of-2012-Pow-Zone-Drilling.jpg
Each flow-through unit consists of one flow-through common share and one
non-transferable, non flow-through warrant (the "Warrant"). Each Warrant
entitles the holder to purchase one non flow-through common share at a price of
$0.10 until 5:00 p.m. (Vancouver time), September 19, 2015. A finders' fee of
$5,463.50 and the issuance of 78,050 non-transferable share purchase "B"
warrants, on the same terms as the subscribers' warrants, was paid in connection
with the second tranche closing. The common shares comprising the units and any
shares acquired on exercise of the Warrants will be subject to a four month
restriction on re-sale expiring on January 20, 2013.
About Aben Resources:
Aben Resources is a Canadian gold and silver exploration company exploring and
developing its portfolio of properties in the Yukon and NWT in which it has
exploration rights to over 600,000 acres of land. The Company's road-accessible
flagship property, the Justin Gold-Silver Project, boasts a new greenfield
discovery made in 2011 with an aggressive 2012 follow-up exploration and drill
program currently underway.
For further information on Aben Resources Ltd. (TSX VENTURE:ABN), visit our
Company's web site at www.abenresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
JAMES G. PETTIT, President
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