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Abcourt Mines Inc. reduces NSR royalty with Maverix Metals and secures additional loan from Nebari.

Sep 19, 2025•9 months ago

Contract Type

agreement

MiningMineral

Description

Abcourt Mines Inc. has exercised an option to reduce the NSR royalty from 2.0% to 1.5% on its properties, paying US$2,000,000 to Maverix Metals. Additionally, the company has secured a US$2,000,000 upsized loan from Nebari, increasing its total borrowings to US$12,000,000.

Company Information

Company

Abcourt Mines

About

Abcourt Mines Inc. is a gold producer and a Canadian exploration corporation with strategically located properties in northwestern Québec, Canada. Abcourt owns the Sleeping Giant mill and mine where it concentrates its activities.

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