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ABI.V ·

Abcourt Grants Stock Options to Its Chief Financial Officer

Share Capital & Compensation

FOR IMMEDIATE RELEASE

TSX VENTURE EXCHANGE – ABI.V

ABCOURT GRANTS STOCK OPTIONS TO ITS CHIEF FINANCIAL OFFICER

Rouyn-Noranda, Québec, Canada, November 14, 2022

Abcourt Mines Inc. (« Abcourt » or the «Corporation») (TSX Venture: ABI) announces it has granted options to purchase 1,000,000 common shares of the Corporation at an exercise price of $0.05 per share to Christine Lefebvre, Chief Financial Officer. These options are valid for a five-year period and were granted pursuant to the Corporation’s stock option plan

ABOUT ABCOURT MINES INC.

Abcourt Mines Inc. is a gold producer and a Canadian exploration corporation with strategically located properties in northwestern Québec, Canada. Abcourt owns the Sleeping Giant mill and mine where it concentrates its activities.

For further information, please visit our website at www.abcourt.com and consult our filings under Abcourt's profile on www.sedar.com, or contact:

Pascal Hamelin Dany Cenac Robert, Investor Relations President and CEO Reseau ProMarket Inc.,

T: (819) 768-2857 T: (514) 722-2276, post 456 E: [email protected] E: [email protected]

The TSX Venture Exchange and its regulatory service provider (as defined in the policies of the TSX Venture Exchange) assumes no responsibility for the adequacy or accuracy of this press release.