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

Jul 23, 2024almost 2 years ago

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

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months