Aben Gold Closes Private Placement Financing

January 28, 2026 - 11:13

Aben Gold Corp. has successfully closed a non-brokered private placement financing, raising total gross proceeds of CAD $400,000. The company allotted and issued 5,000,000 units at a price of CAD $0.08 per unit, with each unit consisting of one common share in the company.

The completion of this financing provides the mineral exploration company with additional capital to advance its corporate and project development strategies. Management indicated that the funds will be directed toward general working capital purposes, which is crucial for sustaining ongoing operations and evaluating future opportunities. The private placement represents a significant step in strengthening the company's financial position as it continues to focus on its exploration portfolio.

The securities issued under this private placement are subject to a statutory hold period in accordance with applicable securities laws. The company confirmed that no finder's fees were paid in connection with this financing. This capital infusion is expected to support Aben Gold's objectives of enhancing shareholder value through the systematic exploration and development of its resource properties.