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Aben Resources Provides Year End Update on Corporate Actions and Planning for 2023
Vancouver, BC, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) (“Aben” or “the Company”) would like to provi
About this update from Aben Gold Corp
[{"type":"text","content":" Vancouver, BC, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) (“Aben” or “the Company”) would like to provide a corporate update as the current calendar year draws to a close. The management and directors of Aben have been busy finalizing a corporate and fiscal plan in terms of resource allocation on their diversified mineral assets going forward. Exploration at the Slocan graphite property in Southeastern British Columbia will be the main focus in 2023 as Aben has recently received a 5-year Area-Based Exploration Permit from the BC Ministry of Energy, Mines, and Low Carbon Innovation. The Canadian Federal government has recently announced their Critical Minerals Strategy, which promises to address and lessen the current challenges in developing mineral exploration projects in Canada. Natural Resources Minister Jonathan Wilkinson stated that “[The government of Canada] recognizes that to meet our ambitious climate and economic objectives to transition to a net-zero economy, additional mechanisms must be in place to expedite and facilitate strategic critical mineral projects from investment funding opportunities, through regulatory approvals and development, to production.” Aben Resources is excited to follow-up on their first comprehensive field exploration of the Slocan Property this past summer with additional field work and a plan to drill-test the previously undrilled Tedesco Conductor, located in the central part of the 2,826 hectare road-accessible Slocan property. Aben has recently optioned their Hit Project in the Yukon Territory to Rackla Metals. Aben also holds a basket of gold-focused projects in BC (Forrest Kerr), Yukon (Justin) and Ontario (Pringle North). Further, the Company announces a correction to its news release dated August 4, 2022 whereby the Company announced the closing of a non-brokered private placement. The Company raised $180,000 and not $211,500 as stated. The Company allotted and issued 5,142,857 Units (not 6,042,857, as stated) at a price of CAD $0.035 per Unit. Each Unit is comprised of one common share and one transferable warrant (the “Warrants”). Each Warrant will entitle the holder to purchase one additional common share for a period of two (2) years at a price of CAD $0.05 per share. Slocan Project Location: Click ...