Abacus Mining Completes First Offering Tranche

Abacus Mining & Exploration (TSE:AME) has released an update.

Abacus Mining & Exploration Corporation has successfully completed the first tranche of its private placement offering, raising $284,300 through the issuance of over 14 million units at $0.02 each. The proceeds will be directed towards exploration efforts, general working capital, and a property payment for the Nev-Lorraine property, with a second tranche expected in mid-September.

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