Aben Minerals Closes Over Subscribed Private Placement
From GlobeNewswire: 2025-02-06 19:19:05
Aben Minerals Ltd. has successfully closed a non-brokered private placement financing, raising CAD $316,000. The company issued 4,514,286 Units at a price of CAD $0.07 per Unit, with each Unit consisting of one common share and one full warrant. Additionally, finder’s fees of $2,940 were paid, and 42,000 Finder’s Warrants were issued. The proceeds from the private placement will be used for exploration expenditures and general working capital purposes. The placement is subject to TSX Venture Exchange approval and includes a four-month-and-one-day hold period. The Company aims to increase shareholder value through new discoveries and developing exploration projects in geopolitically favorable jurisdictions.
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