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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 Corp oration 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 exploratio n 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

President and CEO

T: (819) 768-2857

E: [email protected]

Dany Cenac Robert, Investor Relations

Reseau ProMarket Inc.,

T: (514) 722-2276, post 456

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.