|Bid||0.065 x 0|
|Ask||0.075 x 0|
|Day's Range||0.0650 - 0.0750|
|52 Week Range||0.0650 - 0.4900|
|Beta (3Y Monthly)||1.63|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (AME.V) is pleased to announce the closing of the previously announced non-brokered private placement for gross proceeds of $487,200 through the issuance of 4,872,000 units of the Company ("Units") at a price of $0.10 per Unit. Proceeds from the financing will be applied towards the Company's exploration commitments and for general working capital and corporate purposes. The Company holds options and leases on the Willow and adjacent Nev-Lorraine copper-molybdenum properties in the Yerington copper camp, southeast of Reno, Nevada.
The financing is subject to TSX Venture Exchange (TSXV) approval. The Company may pay finder’s fees on a portion of the private placement in accordance with applicable securities laws and the policies of the TSXV.
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