Aben Gold closes CAD $1,334,000 non-brokered private placement
Aben Gold Corp. (TSX-V: ABM) has completed a CAD $1.334 million non-brokered private placement, issuing 6.67 million units at CAD $0.20 per unit. Each unit includes one flow-through common share and one-half of a transferable warrant exercisable at CAD $0.30 for two years. The company said it plans to use the proceeds for exploration and an upcoming drilling program at its Justin Gold Tungsten Project in Canada’s Yukon Territory. Aben currently has 28.3 million shares outstanding and CAD $3.6 million in the treasury.