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ABM.V ·

Aben Resources Closes Amendment to the Slocan Property Option Agreement

Mergers & Acquisitions Property Options & Staking Share Capital & Compensation

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

February 6, 2023

Aben Resources Closes Amendment to the Slocan Property Option Agreement

Vancouver, BC -- Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2)

(“Aben” or “the Company”) announces that, further to its news release dated January 23, 2023, it

has received the approval of the TSX Venture Excha nge on the amendment to 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 has issued the Optionor an additional 350,000

common shares. 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 guarante es 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 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 gene ral economic, market or business conditions.

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