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ABI.V ·

Abcourt Grants Stock Options to Its New President and CEO

Share Capital & Compensation

FOR IMMEDIATE RELEASE

TSX VENTURE EXCHANGE – ABI.V

ABCOURT GRANTS STOCK OPTIONS TO ITS NEW PRESIDENT AND CEO

Rouyn-Noranda, Québec, Canada, April 5, 2022

Abcourt Mines Inc. (« Abcourt » or the « Corporation») (TSX Venture: ABI) announces it has

granted options to purchase 2,000,000 common shares of the Corp oration at an exercise price of

$0.10 per share to its new Chief Executive Officer. The appoin tment of Mr. Pascal Hamelin as

President and CEO of Abcourt was announced by press release on March 24, 2022. 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 Quebec, Canada. The Elder pr operty has gold resources (2018).

Abcourt is currently focusing on the extraction of gold at the Elder mine and on the development of

the Sleeping Giant.

To know more about Abcourt Mines Inc., please visit our web sit e at www.abcourt.com and consult

our filings under Abcourt's profile on www.sedar.com.

Pascal Hamelin,

President and CEO

T : (819) 768-2857

[email protected]

Dany Cenac Robert, Investor Relations

Reseau ProMarket Inc.,

T: (514) 722-2276 post 456

[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.