Abcourt Mines Inc. V.ABI

PP

[hcahoon]

July 25, 2007 Abcourt Mines Inc.: Private Placements MONT-ST-HILAIRE, QUEBEC--(Marketwire - July 25, 2007) - Mr. Renaud Hinse, president of Abcourt Mines Inc (TSX VENTURE:ABI)is pleased to announce that the directors of the Company, on July 24, 2007, approved three non-brokered private placements as follows: 1. A non-brokered private placement of 4,000,000 units at $0.50 per unit. Each unit consist of one class B (common) share and one warrant entitling the holder to buy one share at $0.65 over an 18-month period. Integral Wealth Securities Limited will act as agent and will receive an 8% finder's fee (1/2 in cash and 1/2 in shares) on the subscriptions originated through them. In addition, finder's warrants will be issued to Integral, equal to 10% of the units sold. Each finder's warrant will be exercisable for one unit at $0.50 per unit over an 18-months period from closing. 2. A non-brokered private placement for a maximum of 1,700,000 flow-through shares at $0.60 per share for a total of $1,020,000. Integral will receive a finder's fee equal to 8% (1/2 cash and 1/2 in shares) of the subscriptions received through them. In addition, finder's warrants will be issued to Integral, equal to 10% of the flow-through shares sold. Each warrant will be exercisable for one unit at $0.60 over a period of 18 months from the closing date. Mr. Michael Cooper will receive a 1% finder's fee, payable in shares on the subscriptions originated through Integral. 3. A non-brokered private placement for directors, related persons and accredited investors for a maximum of 800,000 flow-through shares at $0.50 per share. This placement is conditional upon obtaining the required authorizations from the regulating authorities. Abcourt Mines Inc. is an exploration and development company with strategically located properties in Northwestern Quebec, Canada. The Abcourt-Barvue project with 43-101 silver-zinc ore reserves and resources and the Elder mine with 43-101 gold resources are both past producers. Abcourt is now focused on bringing these two projects back in production and at the same time, it is on the lookout for other projects which could be developed later. A positive 43-101 feasibility study was recently completed on the Abcourt-Barvue project. For additional information, see our Press-Release dated February 16, 2007. To know more about Abcourt, please consult our web site www.abcourt.com and Sedar www.sedar.com, see "Abcourt Mines Inc". FORWARD-LOOKING STATEMENTS: Except for statements of historical facts, all statements in this news release, including, without limitation, statements regarding forecasts, plans and objectives of Abcourt Mines Inc., - are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. This press release was prepared by Abcourt Mines Inc. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. CONTACT INFORMATION: Abcourt Mines Inc. Renaud Hinse, president 819-768-2857 or 450-446-5511 Fax: [phone] or 450-446-3550 [e-mail] or Abcourt Mines Inc. Joe O'Brien Investors' relations 416-750-8041 Fax: [phone] [e-mail]