Abcourt Mines Inc. has entered into an agreement with Red Cloud Securities Inc. for a brokered private placement, aiming to raise up to $8,500,000 through the sale of flow-through units and regular units. The offering includes Charity FT Units and Units, with each having specific terms and conditions for issuance and exercise of warrants. The proceeds will be used for working capital, general corporate purposes, and exploration activities at the Flordin-Cartwright project in Quebec. The Offering is expected to close by October 31, 2025, subject to regulatory approvals. Interested investors can access the offering document on the company’s website and SEDAR.

Read more at GlobeNewswire: Abcourt Announces Brokered Private Placement for Gross