Aben Resources Announces Amendment to the Slocan Property Option Agreement
Suite 1610 – 777 Dunsmuir Street, Vancouver, BC, V7Y 1K4, CANADA
www.abenresources.com
TSX-V Trading Symbol: ABN
Email: [email protected]
Telephone: (604) 687-3376
Facsimile: (604) 687-3119
NEWS RELEASE
January 23, 2023
Aben Resources Announces Amendment to the Slocan Property Option Agreement
Vancouver, BC -- Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2)
(“Aben” or “the Company”) has amended the option agreement dated November 9, 2021 (the
“Agreement”) with Eagle Plains (the “Optionor”) whereby the Company may acquire a 100%
interest in the Slocan Graphite Property in Southern British Columbia (the “Property”).
Under the new terms of the amendment, the Company has been granted an extension on the
due date of its first anniversary obligations, being the cash payment, share issuance and
exploration expenditures The first anniversary obligations, which were all due by December 31,
2022, are now due as follows:
I. CAD $25,000 on or before March 31, 2023;
II. 150,000 common shares on or before March 31, 2023; and
III. CAD $250,000 in exploration expenditures on or before June 30, 2023.
In consideration of the amendment, the Company shall issue the Optionor an additional 350,000
common shares by March 31, 2023. All the other terms and conditions of the Agreement remain
unchanged.
About Aben Resources:
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 Resources Ltd. (TSX-V: ABN), visit our Company’s website at
www.abenresources.com.
ABEN RESOURCES LTD.
“Jim Pettit”
______________________
JAMES G. PETTIT
President & CEO
For further information contact:
Aben Resources 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 historical 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 statements are not guarantees of futu re 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 beliefs, 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 capital and financing, and general econom ic, market or business conditions.
Please see the public filings of the Company at www.sedar.com for further information.