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Abacus Announces Non-Brokered Private Placement for Proceeds of Up to $400,000

Jul 23, 2024

Contract Type

partnership

VancouverOther

Description

Abacus Mining & Exploration Corporation has announced a non-brokered private placement for proceeds of up to $400,000 through the issuance of up to 20,000,000 units at a price of $0.02 per unit. The proceeds from the offering will be used towards exploration, general working capital, and payment of US$80,000 in respect of a property payment to the owners of the Nev-Lorraine property.

Company Information

Company

Abacus Mining & Exploration

Location

701 W Georgia Street

Vancouver, British Columbia, Canada

About

Abacus is a mineral exploration and mine development company focused on Copper and Gold in North America, with an advanced porphyry Cu-Au project in B.C. and an exploration focus on porphyry Cu in Nevada.

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Agreement Insights

What this usually means
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies

Abacus Mining & Exploration signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.