Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

ABM.V ·

Aben Resources Increases Private Placement Financing

Financings

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

December 19, 2017

Aben Resources Increases Private Placement Financing

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

(the “Company”) announces, further to its News Release on December 18th, that the Company

has increased its flow-through private placement to up to 4,333,333 Flow-Through Units at a

price of $0. 15 per Flow-Through Unit to raise gross proceeds of up to $ 650,000. Each Flow-

Through Unit consists of one flow-through share and one share purchase Warrant entitling the

holder to purchase an additional non-flow-through common share at a price of $0.20 for a period

of one year. The Company has also increased its non-brokered non-flow-through private

placement to up to 1,851,852 Units at a price of $0.135 per Unit to raise gross proceeds of up to

$250,000. Each Unit consist s of one common share and one share purchase Warrant entitling

the holder to purchase an additional common share at a price of $0.18 for a period of one year.

A finder's fee in the amount of 7% cash and 7% warrants may be paid in connection with part of

this private placement offering . The private placement is subject to TSX Venture Exchange

acceptance.

The Company intends to utilize the proceeds from the private placements for an upcoming 2018

exploration a nd drilling program at its Chico Gold Project in Saskatchewan and for general

working capital purposes.

Chico Gold Project, Saskatchewan location map:

http://abenresources.com/site/assets/files/4730/abn_chico_location_and_highlights.jpg

About Aben Resources:

Aben Resources is a Canadian gold exploration company developing projects in British

Columbia’s Golden Triangle, Saskatchewan and the Yukon.

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

www.abenresources.com.

Aben Resources has approx. 53.2 million shares issued and outstanding.

ABEN RESOURCES LTD.

“Jim Pettit”

____________________________

JAMES G. PETTIT

President & CEO

For further information contact:

Aben Resources Ltd.

Director, Investor Relations

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 ex pects, 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 developme nts 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 caus e 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 t he public filings of the Company at www.sedar.com for further

information.