Abcourt Mines Inc V.ABI

Alternate Symbol(s): ABMBF

Metals & Mining Industrial Metals & Minerals

Abcourt Mines Inc. is a Canadian gold exploration company with properties located in northwestern Quebec, Canada. The Company owns the Sleeping Giant mine and mill, where it focuses its development activities. The Sleeping Giant Property is located half-way between Amos and Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government. It comprises four mining leases covering an area of approximately 458 hectares and 69 mining claims. The Elder mine and the Tagami property are located 10 kilometers (km) northwest of the mining community of Rouyn-Noranda in Quebec. The properties include over 36 contiguous claims, one mining concession and two mining leases. The Abcourt-Barvue property is located 12 km north of Barraute, 60 km north of the mining community of Val-d’Or, Quebec. It covers over 4,755 hectares with 103 claims and two mining concessions. Its properties also include Flordin, Pershing-Manitou, Vendome, Aldermac, Jonpol and other properties.

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Abcourt Mines Inc > INSIDERS INVESTMENTS

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Post by PILGRIMon Oct 17, 2023 9:22am

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Post# 35686886

INSIDERS INVESTMENTS

In the press release which announces the conclusion of a second tranche of the private placement it is indicated that the CFO and the CEO have subscribed a total amount of 98,000 dollars.

For the CFO it is the first time but the CEO had already subscribed during the first tranche.

I find it particularly interesting, significant and encouraging for other shareholders that 2 Abcourt employees decide to invest in this company.

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