Aben Resources Closes $950,000 Flow-Through Private Placement
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
September 11th, 2018
Aben Resources Closes $950,000 Flow-Through Private Placement
Vancouver, BC -- Aben Resources Ltd. (TS X-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2)
(the “Company”) has arranged and closed a non-brokered private placement of 2,375,000 flow-
through common shares at a price of $0.40 each for gross proceeds of $950,000. The financing
was placed with institutional investors. The Company intends to utilize the procee ds from the
private placement on the expansion of its 2018 exploration and drilling program at its Forrest
Kerr Gold Project located in the Golden Triangle region of British Columbia. The Company had
originally announced and budgeted for up to 5000 metres of drillin g and now intends to at least
double that amount this year.
Forrest Kerr Project, Golden Triangle, British Columbia location map:
https://www.abenresources.com/site/assets/files/4287/fk-003.jpg
In connection with this private placement, finder fees of 7% cash and 7% finder warrants were
paid to PI Financial Corp. as to $66,500 and 166,250 finder warrants. Each finder warrant will
entitle the finder to purchase one common share for two (2) years at a price of CAD $0.60 per
common share.
The private placement is subject to TSX Venture Exchange final acceptance, and all securities
are subject to a four-month-and-one-day hold period expiring January 12th, 2019.
About Aben Resources:
Aben Resources is a Canadian gold exploration company developing projects in British
Columbia’s Golden Triangle, Saskatchewan and the Yukon. The Company is actively exploring
its flagship and high -grade Forrest Kerr Project located in the Golden Triangle region where
recent drilling has discovered strong precious and base metal mineralization at the North
Boundary Zone.
For further information on Aben Resources Ltd. (TSX -V: ABN), visit our Company’s web site at
www.abenresources.com.
ABEN RESOURCES LTD.
“Jim Pettit”
____________________________
JAMES G. PETTIT
President & CEO
For further information contact myself or:
Don Myers
Aben Resources Ltd.
Director, Corporate Communications
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 believ es 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 materially from those in the forward -looking state ments. 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 of the Company at www.sedar.com for further
information.