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ABM.V ·

Aben Minerals Announces Private Placement

Financings

Suite 1610 – 777 Dunsmuir Street, Vancouver, BC, V7Y 1K4, CANADA

www.abenminerals.com

TSX-V Trading Symbol: ABM

Email: [email protected]

Telephone: (604) 687-3376

Facsimile: (604) 687-3119

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE

UNITED STATES

NEWS RELEASE

April 04, 2023

Aben Minerals Announces Private Placement

Vancouver, BC -- Aben Minerals Ltd. (TSX-V: ABM) (OTCQB: ABNAF) (Frankfurt: R26)

(“Aben” or “the Company”) announces that it has arranged a non-brokered private placement of

up to 8, 333,333 units of the Company (the “ Units”) at a pric e of CAD $0. 12 per Unit for gross

proceeds of up to CAD $1,000,000.

Each Unit will be comprised of one common share and one transferable warrant, entitling the

holder to purchase one additional common share for a period of two (2) years at a price of CAD

$0.17 per share.

The Company intends to use the proceeds from this private placement towards exploration

expenditures and general working capital purposes. The private placement is subject to TSX

Venture Exchange approval, and all securities are subject to a four -month-and-one-day hold

period. Finder’s fees may be payable in connection with the private placement, all in accordance

with the policies of the TSX Venture Exchange.

About Aben Minerals:

Aben Resources is a diversified Canadian gold and graphite exploration company with exploration

projects in British Columbia, Ontario, and the Yukon Territory.

For further information on Aben Minerals Ltd. (TSX-V: ABM), visit our Company’s web site at

www.abenminerals.com.

ABEN MINERALS LTD.

“Jim Pettit”

______________________

JAMES G. PETTIT

President & CEO

For further information contact:

Aben Minerals Ltd.

Riley Trimble, Corporate Communications

Telephone: 604-416-2978

Toll Free: 800-567-8181

Facsimile: 604-687-3119

Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release includes certain statements that may be deemed to be "forward -looking statements". All

statements in this release, other than statements of hist orical facts, that address events or developments

that management of the Company expects, are forward -looking statements. Although management

believes the expectations expressed in such forward -looking statements are based on reasonable

assumptions, such s tatements are not guarantees of future performance, and actual results or

developments may differ materially from those in the forward -looking statements. The Company

undertakes no obligation to update these forward -looking statements if management's belie fs, estimates

or opinions, or other factors, should change. Factors that could cause actual results to differ materially

from those in forward-looking statements, include market prices, exploration and development successes,

continued availability of capit al and financing, and general economic, market or business conditions.

Please see the public filings of the Company at www.sedar.com for further information.