Welcome to our dedicated page for Abacus Min Expl news (Ticker: ABCFF), a resource for investors and traders seeking the latest updates and insights on Abacus Min Expl stock.
Abacus Mining & Exploration Corporation (ABCFF) generates news primarily around its mineral exploration and mine development activities in copper, gold and copper-molybdenum systems. Company disclosures highlight work on the Ajax copper-gold joint venture in British Columbia and the Willow–Nev-Lorraine copper-molybdenum properties near Yerington, Nevada, along with financing and corporate updates.
News releases from Abacus often cover non-brokered private placements, including details of unit offerings composed of common shares and non-transferable share purchase warrants. These announcements describe intended use of proceeds for general working capital, applicable prospectus exemptions, participation by insiders, and conditions such as TSX Venture Exchange approval and statutory hold periods on issued securities.
Investors following ABCFF news can also expect updates on the status of the Ajax Project, including references to its environmental assessment history and ongoing engagement efforts led by project operator KGHM Polska Miedź S.A. Corporate updates discuss the company’s objective of building a copper exploration and development business, its evaluation of copper projects and M&A opportunities, and the technical context of its porphyry copper assets.
For the Nevada portfolio, Abacus news may describe exploration results and the identification of a copper-molybdenum porphyry system at Willow, as well as the company’s lease on the contiguous Nev-Lorraine claims. Technical information in these releases is noted as being reviewed by a Qualified Person under National Instrument 43-101. By monitoring this news feed, readers can track financing activities, project-level developments and strategic updates directly from the company’s public statements.
Abacus Mining & Exploration (symbol: ABCFF) announced an increase to its non‑brokered private placement from 12,000,000 to 13,850,000 Units at $0.025 per Unit, for gross proceeds of up to $346,250. Each Unit includes one common share and one half warrant; warrants are exercisable at $0.05 per share for 3 years. Proceeds will be used for general working capital.
The company holds a 20% carried interest in the Ajax copper‑gold project and owns the Willow copper‑molybdenum property plus a lease on Nev‑Lorraine near Yerington, Nevada. Certain insiders may participate; the company expects exemptions under MI 61‑101 to apply. The financing is subject to TSX Venture Exchange approval and issued securities will carry a four‑month hold.
Abacus Mining & Exploration (TSXV: AME) announced a non-brokered private placement of up to $300,000 through issuance of up to 12,000,000 Units at $0.025 per Unit. Each Unit includes one common share and one half warrant; each whole warrant is exercisable at $0.05 for 3 years from closing. Proceeds will be used for general working capital. Securities will be issued under prospectus exemptions, may include finder fees, and will be subject to a four-month hold under Canadian law. The financing is subject to TSX Venture Exchange approval. The company holds a 20% carried interest in the Ajax copper-gold project and owns the Willow copper-molybdenum property (acquired mid-2024) with a lease on adjacent Nev-Lorraine near Yerington, Nevada.
Abacus Mining & Exploration (TSXV: ABCFF) provided a 2025 corporate update detailing its two core porphyry copper holdings and recent activity.
Ajax: Abacus holds a 20% carried interest in the Ajax joint venture with KGHM. Ajax has a NI 43-101 Proven & Probable reserve of 426 Mt @ 0.29% Cu, 0.19 g/t Au (approx. 2.7B lbs Cu, 2.6M oz Au). The 2016 Feasibility Study modeled 65,000 tpd over 18 years. A 2017 joint provincial/federal environmental assessment certificate was declined.
Willow (Yerington, NV): Abacus fully acquired Willow in 2024, holds a lease on Nev-Lorraine, and reported a new fifth Cu-Mo porphyry discovery requiring further drilling.
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