AFR NuVenture Resources Inc. Name Change and Trading Symbol Change to ABC
AFR NuVenture Resources Inc. Name Change and Trading Symbol Change to ABC
Vancouver, Canada – TheNewswire - May 4, 2026: AFR NuVenture Resources Inc. (the
"Company") [TSXV: AFR] announces its name change to Absolutely Critical Resources
Corp. The new name reflects the company’s evolution, strategic direction, and commitment
to exploration in reliable jurisdictions for the critical mineral resources which are absolutely
essential to support the foundation of economic strength and national security. They power
the technologies that drive modern life — from advanced manufacturing and electric vehicles
to hospitals, data centres, artificial intelligence, and defence systems. Furthermore, precious
metals (gold and silver) are increasingly seen as critical resources for the economic stability
of sovereign currencies, driven by a "perfect storm" of geopolitical risk, high sovereign debt,
and central bank diversification away from traditional fiat currency reserves.
The Company expects the common shares to commence trading on the TSX Venture
Exchange (the "Exchange") under the new name and the new trading symbol at the opening of
market on May 7, 2026. The Company has a new ISIN number: CA00401X1024, and new
CUSIP number: 00401X102. The trading symbol will change to ABC. The Name Change was
approved by the directors of the Company on April 7, 2026.
Letter of Transmittal and Certificate Exchange
Registered shareholders will receive a Letter of Transmittal to return their present share
certificates in exchange for new share certificates bearing the new name. Shareholders must
submit their Letter of Transmittal to Endeavor Trust Company to receive new certificates at no
cost to Shareholders. Detailed instructions are set out in the Letter of Transmittal. Common
share certificates bearing the old Company name continue to be valid in settlement of trades
in common shares.
The Company is a mineral exploration company which is currently focused on its plans to
renew the Company’s proposed exploration on its Mary Ann’s Lake Copper/Silver Project in
Cape Breton, Nova Scotia and its Massey Nickel/Copper Project in the Timmins Mining
Camp, Ontario. The Company is planning diamond drilling programs on both properties for
Summer 2026.
The capitalization of the Company consists of an unlimited number of common shares with
no par value of which 33,710,111 shares are issued and outstanding. There are also issued
and outstanding incentive stock options to acquire up to a further 1,800,000 shares of the
Company exercisable at $0.09 until August 31, 2026. The Company will be modifying its
website to reflect the new changes.
On behalf of the Board of Directors,
“John F . O’Donnell”
John F . O’Donnell
Chairman, President, and CEO
Telephone: 1 (647) 966-3100
Email: [email protected]
For more information on the Company, investors should review the Company's filings on
SEDAR+ at www.sedarplus.ca or the Company’s current website at www.afrnuventure.com .
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This news release contains "forward-looking information" (within the meaning of applicable
Canadian securities laws) and "forward-looking statements" (within the meaning of the U.S.
Private Securities Litigation Reform Act of 1995). Such statements or information are
identified with words such as "anticipate" , "believe" , "expect" , "plan" , "intend" , "potential" ,
"estimate" , "propose" , "project" , "outlook" , "foresee" or similar words suggesting future
outcomes or statements regarding an outlook.
Such statements include, among others, those concerning the Company's exploration plans
for Summer 2026 on its existing projects, and its plans to commence trading under its new
name on May 7, 2026. Such forward-looking information or statements are based on a
number of risks, uncertainties and assumptions which may cause actual results or other
expectations to differ materially from those anticipated and which may prove to be incorrect.
Assumptions have been made regarding, among other things, management's expectations
regarding its ability to initiate and complete future exploration work as expected and acquire
and finance other projects. Actual results could differ materially due to a number of factors,
including, without limitation, operational risks in the completion of the Company's future
exploration work, technical, safety or regulatory issues, changes in general economic
conditions; the imposition of government restrictions on business.
Although the Company believes that the expectations reflected in the forward-looking
information or statements are reasonable, prospective investors in the Company's securities
should not place undue reliance on forward-looking statements because the Company can
provide no assurance that such expectations will prove to be correct. Forward-looking
information and statements contained in this news release are as of the date of this news
release and the Company assumes no obligation to update or revise this forward-looking
information and statements except as required by law.