Abcourt Mines Inc.

Abcourt Mines Inc.

March 27, 2007 13:17 ET

Abcourt Mines Inc.: Appointment of Mr. Marc Fillion, Ph. D., M.B.A., Eng., as a Director

MONT-ST-HILAIRE, QUEBEC--(CCNMatthews - March 27, 2007) - Abcourt Mines Inc.(TSX VENTURE:ABI) is pleased to announce that Mr. Marc Fillion, Ph. D., M.B.A., Eng., has been appointed as a director of the Company on March 27, 2007.

Mr. Fillion received a B.A. from the Seminaire de Ste-Therese, Qc, a B. Sc. in geology from Ecole Polytechnique at the University of Montreal, a Ph. D. in economic geology and geostatistics from the Royal School of Mines, Imperial College, London, England and a M.B.A. from Ecole des Hautes Etudes Commerciales, Montreal, Qc.

Dr. Fillion has more than thirty years of experience in the development and management of capital intensive world-class industrial projects in joint venture with international business partners. Dr. Fillion has also been deeply involved in the negotiation, start-up and management of international projects as well as in marketing engineering and construction projects in the energy, light and heavy industrial and environmental sectors in Canada, Europe, Southeast Asia, the Middle East, Africa and South America. His career path includes lengthy assignments in Great Britain, France, Iran, Niger and Thailand, thus giving him practical experience in project management, in strategic planning at home and foreign markets and in the development of business in culturally different environments.

In particular, from 1998 to 2004, Dr. Fillion was president and COO of SGF Mineral Inc and from 2004 to 2006, senior vice-president, Investments for Mines, Minerals and Materials for the S.G.F. The "Societe Generale de Financement du Quebec" (S.G.F.) is an industrial/finance crown corporation investing in partnership with companies operating in the specialized sectors of mineral exploration, mining, light metal metallurgical and fabricating plants as well as metal recycling. Mr. Fillion's work involved the development of business plans, the negotiation of various financial agreements, the hiring of key personnel, the construction and start-up of various plants.

Dr. Fillion now works as a consultant and in particular takes advisory assignments to help managers and owners of SME to develop their business plans, assist with their financings and with the management of their companies.

The addition of Dr. Fillion to the Abcourt Board as a director and as a consultant will help our Company to realize the full value of its assets for the greatest benefit of our shareholders.

Dr. Fillion replaces Mr. Yves Gagnon whose resignation has recently been accepted by the Board.


With his appointment as a director, an option on 200,000 class B shares of Abcourt Mines Inc was granted by the Board to Mr. Marc Fillion on March 26, 2007, at a price of $0.69 per share, good for five (5) years.

Abcourt Mines Inc. is an exploration and development company with strategically located properties in Northwestern Quebec, Canada. The Abcourt-Barvue project with 43-101 silver-zinc ore reserves and resources and the Elder mine with 43-101 gold resources are both past producers. Abcourt is now focused on bringing these two projects back in production and at the same time, it is on the lookout for other projects which could be developed later. To know more about Abcourt, please consult our web site and Sedar .

The Abcourt shares are trading on the TSX Venture Stock Exchange under the symbol ABI.V and at Frankfurt and Berlin in Germany.

FORWARD-LOOKING STATEMENTS: Except for statements of historical facts, all statements in this news release, including, without limitation, statements regarding forecasts, plans and objectives of Abcourt Mines Inc., - are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

This press release was prepared by Abcourt Mines Inc. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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