ABACUS MINING & EXPLORATION CORP (ABCFF) SEC Filings

Abacus Mining & Exploration Corp, a British Columbia corporation, filed an updated notice for a private exempt offering under Rule 506(b) of Regulation D. The company is selling unit securities consisting of one common share and one-half common share purchase warrant, with each whole warrant exercisable at CAD$0.05 for 36 months. As of this notice, Abacus Mining has sold $160,197 USD of securities, with up to an additional $200,246 USD tied to the maximum potential exercise price of the warrants, based on an exchange rate of C$1.3627 = US$1.00. No finders’ fees are reported, and issuer size and detailed use of proceeds are not disclosed.