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Mines Abcourt Inc. has secured an additional US$10M in financing from Glencore, raising its total debenture amount to US$40M to support exploration and capital expenditures.
PRIVATEAug 06, 2026•3 days ago
Amount Raised
$10 Million
Round Type
Venture - Series Unknown
Rouyn-NorandaMiningMineral
Investors
Glencore Ag
Description
Mines Abcourt Inc. announced a non-binding agreement with Glencore AG to increase its senior secured debenture from US$30M to US$40M. This additional financing will aid in repaying credit facilities and funding exploration projects. The second tranche of the debenture will be disbursed around August 12, 2026
Company Information
Company
Abcourt Mines
Location
Rouyn-Noranda, Quebec, Canada
About
Abcourt Mines Inc. is a gold producer and exploration company whose mining properties are all located in the Abitibi region, province of Quebec, Canada. Its common shares are listed in Canada on the TSX Venture Exchange under the symbol ABI.V
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Rouyn-NorandaMiningMineral