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Abcourt Mines Inc V.ABI

Alternate Symbol(s):  ABMBF

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.


TSXV:ABI - Post by User

Comment by fbedard29on Oct 07, 2024 3:35pm
92 Views
Post# 36256648

RE:Sleeping Giant Awaken ?

RE:Sleeping Giant Awaken ?Maybe no new financing needed even at .10c if there was an incentive to get
all the warrants granted in the last 3 financing exercised early.
The first was i think 100m wt at 0.05c and the next 2 financing was for a total of 200-300m wt at 0.06c.

How high does the price of the shares need to be to convince wt holders to
exercise earlier than 2027 .

Yes if shares reaches  0.10c i could be convinced to exercise early. 

If all the wt were exercised that would bring $17-23m to Abcourt treasury. 
Give me an incentive to exercise early.
Lower the exercise price if done earlier.
Just another dream.
Fernand

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