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Off-market insider buying at Abcourt Mines (V:ABI)

Updated Wednesday Sep 13, 2023 02:12 AM EDT

Francois Joseph Pierre Marie Mestrallet, a Director and 10% Holder, acquired 25,000,000 Common Shares B on an indirect ownership basis for registered holder SARL MF at a price of $0.040 through a prospectus or prospectus exempt offering on September 12th, 2023. The insider also acquired 25,000,000 Warrants with an exercise price of $0.050 for 36 months. This represents a $1,000,000 investment into the company's shares and an account share holdings change of 52.0%.

Abcourt Mines is in the Gold Sub Industry Group under the Basic Materials Sector.

Abcourt Mines Inc. is a Canada-based junior mining company. The Company is engaged in gold producer and exploration company with strategically located properties in northwestern Quebec, Canada. Its projects include The Sleeping Giant Mine, Discovery Properties, Flordin Property, The Elder Mine and The Tagami Property, Abcourt-Barvue Project, Vendome Property, Aldermac Property, Jonpol Property and Other Properties. The Sleeping Giant Mine property is located half-way between Amos and Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government. It comprises four mining leases covering an area of approximatively 458 hectares and 69 mining claims. The Discovery project has 166 claims with a total area of 4,166 hectares. The property is located about 30 km to the north-west of Lebel-sur-Quevillon, Quebec. The Flordin property is located approximately 25 km to the north of Lebel-sur-Quevillon, Quebec. It consists of 25 cells covering 976 hectares.

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Go to Abcourt Mines Inc. (ABI)'s company page

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