Abacus Announces Grant of Stock Options
TSX Venture Exchange Symbol: AME
Suite 701 – 1500 West Georgia Street
Vancouver, B.C. V7Y 1C6 Canada
Tel: 604.682.0301
email: [email protected]
website: www.amemining.com
Abacus Announces Grant of Stock Options
Vancouver, BC – March 5, 202 6. Abacus Mining & Exploration Corporation (“Abacus” or the
“Company”) (TSXV:AME) is pleased to announce that the Board of Directors has approved the grant of
stock options to directors, officers, employees and consultants of the Company allowing for the
acquisition of up to, in the aggregate, 3,250,000 shares of the Company. The grant is a result of the
Company’s annual compensation review, and the issuance is made under the Company’s approved
stock option plan. The options are exercisable at a price of $0.05 per share for a period of five years
from the date of grant and are subject to regulatory policies.
On Behalf of the Board,
ABACUS MINING & EXPLORATION CORPORATION
Paul G. Anderson, P.Geo.
President, CEO and Director
About Abacus
Abacus is a mineral exploration and mine development company currently focused on copper and gold in B.C. and Nevada.
The Company’s main asset is a 20% ownership interest, together with KGHM Polska Miedź S.A. (80%), in the proposed
copper-gold Ajax Mine located southwest of Kamloops, B.C., which has undergone a joint provincial and federal environmental
assessment process. On December 14, 2017, a decision was made by the B.C. Minister of Environment and Climate Change
Strategy and the Minister of Energy, Mines and Petroleum Resources to decline to issue an environmental assessment
certificate for the Project. KGHM continues to work to facilitate First Nation, community and governmental engagement in order
to advance the project towards a potential resubmission of the environmental application.
Abacus also owns a 100% interest in the Willow copper -gold property located near Yerington, Nevada, and it controls the
contiguous Nev-Lorraine claims subject to a ten-year lease agreement.
For the latest reports and information on Abacus’ projects, please refer to the Company’s website at www.amemining.com.
Forward-Looking Information
This release includes certain statements that are deemed “forward -looking statements”. All statements in this release, other
than statements of historical facts, that address events or developments that Abacus expects to occur, are forward -looking
statements. Forward -looking statements are statements that are not historical facts and are generally, but not always,
identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and si milar
expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the
expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not
guarantees of future per formance and actual results may differ materially from those in the forward -looking statements.
Factors that could cause the actual results to differ materially from those in forward -looking statements include changes to
commodity prices, mine and metallur gical recovery, operating and capital costs, foreign exchange rates, ability to obtain
required permits on a timely basis, exploitation and exploration successes, continued availability of capital and financing, and
general economic, market or business con ditions. Investors are cautioned that any such statements are not guarantees of
future performance and actual results or developments may differ materially from those projected in the forward -looking
statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on
the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation
to update these forward -looking statements in the event that management' s beliefs, estimates or opinions, or other factors,
should change.
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.