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Aben Gold Signs Option Agreement with Kingfisher Metals for Forrest Kerr Project in the Golden Triangle
Vancouver, BC , Dec. 04, 2025 (GLOBE NEWSWIRE) -- Aben Gold Corp. (TSX-V: ABM )...

About this update from Aben Gold Corp
[{"type":"text","content":"Aben Gold Signs Option Agreement with Kingfisher Metals for Forrest Kerr Project in the Golden Triangle\n\n\n\n Vancouver, BC , Dec. 04, 2025 (GLOBE NEWSWIRE) --\n \n Aben Gold Corp. (TSX-V:\n \n\n\n\n ABM\n \n\n\n\n )\n \n\n (OTCID:\n \n\n\n\n ABNAF\n \n\n\n\n ) (Frankfurt:\n \n\n\n\n ML1\n \n\n\n\n )\n \n (“Aben” or “the Company”) is pleased to announce that it has entered into an option agreement (the “Agreement”) with Kingfisher Metals Corp. (“Kingfisher” or the “Optionee”) which provides Kingfisher a three-year option to acquire a 100% interest in the Forrest Kerr Project located in the Golden Triangle of British Columbia, Canada (the “Property”). The Property contains fifty (50) mineral claims, comprising approximately 20,197 hectares.\n \n\n The Agreement provides Kingfisher an opportunity to earn 100% interest in the claims over a three year period by fulfilling combined cash and share issuance commitments of CAD $2.7 million.\n \n\n\n The Option Agreement:\n \n\n\n\n\n\n Date\n \n\n\n\n Cash Payments\n \n\n\n\n Value of Shares Issued\n \n\n\n\n\n On the Closing Date\n \n\n $150,000\n \n\n $500,000\n \n (1)\n \n\n\n\n\n On or before the date that is 6 months from the Closing Date\n \n\n $150,000\n \n\n $500,000\n \n (1)\n \n\n\n\n\n On or before the date that is 12 months from the Closing Date\n \n\n $200,000\n \n\n $500,000\n \n (1)\n \n\n\n\n\n On or before the date that is 36 months from the Closing Date\n \n\n $700,000\n \n\n N/A\n \n\n\n\n\n TOTAL\n \n\n\n\n $1,200,000\n \n\n\n\n $1,500,000\n \n\n\n\n\n (1)Deemed price shall be the higher of a) 5-day VWAP and b) the last closing price of the Optionee Shares, as quoted on the TSXV less the maximum allowable discount under TSXV policy of 25% at the time the Agreement is announced.\n \n\n All Shares will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws. No finders’ fees or commissions are owing by Aben in connection with entering into the Agreement. Completion of the transactions contemplated by the Agreement, and the issuance of the Shares, remains subject to the approval of the TSX Venture Exchange.\n \n\n Kingfisher will be the operator of the project during the option period.\n \n\n President and CEO Riley Trimble stat...