Aben Resources Announces Private Placement Financing
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
June 14, 2017
Aben Resources Announces Private Placement Financing
Vancouver, BC -- Aben Resources Ltd. (TSX -V: ABN) (OTCBB: ABNAF) (Frankfurt: E2L2)
(the “Company”) announces a non -brokered private placement of up to 5,000,000 Units at a
price of $0.10 per Unit to raise gross proceeds of up to $500,000. Each Unit will consist of one
share and one share purchase Warrant entitling the holder to purchase an additional common
share at a price of $0.15 for a period of three and one half years.
Aben also announces a non-brokered private placement of up to 6,000,000 flow-through Units
at a price of $0.125 per flow-through Unit to raise gross proceeds of up to $750,000. Each flow-
through Unit will consist of one flow-through share and one share purchase Warrant entitling the
holder to purchase an additional non flow-through share at a price of $0.15 for a period of three
and one half years.
A finder's fee in the amount of 7% cash and 7% warrants may be paid in connection with part of
these private placement offerings.
The Company intends to utilize the proceeds from th ese private placement s for a 2017
exploration and drilling program at its Forrest Kerr Gold Project located in B.C.’s Golden
Triangle region and for general working capital purposes.
B.C.'s Golden Triangle map:
http://www.abenresources.com/i/maps/ABN_Golden_Triangle_map.jpg
The private placements are subject to TSX Venture Exchange acceptance.
About Aben Resources:
Aben Resources is a Canadian gold exploration company developing projects in British
Columbia’s Golden Triangle, the Yukon and Saskatchewan.
For further information on Aben Resources Ltd. (TSX -V: ABN), visit our Company’s web site at
www.abenresources.com.
Aben Resources has approx. 34.7 million shares issued and outstanding.
ABEN RESOURCES LTD.
“Jim Pettit”
____________________________
JAMES G. PETTIT
President & CEO
For further information contact:
Aben Resources Ltd.
Director
Telephone: 604-687-3376
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 future performance, and actual results
or developments may differ mate rially 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 economic, market
or business conditions. Please see the public filings o f the Company at www.sedar.com for further
information.