Aben Resources Ltd. Increases Private Placement Financing
![Aben Resources Ltd. Increases Private Placement Financing](https://www.goldseiten.de/media/goldseiten-news.jpg)
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 and 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: info@abenresources.com
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 guarantees 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 general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.