Aben Resources Ltd.

Aben Resources Ltd.

July 31, 2014 16:42 ET

Aben Resources Closes $102,000 Flow Through Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 31, 2014) - Aben Resources Ltd. (TSX VENTURE:ABN)(PINKSHEETS:ABNAF)(FRANKFURT:E2L) (the "Company") is pleased to announce the completion of a non-brokered private placement and has issued 1,700,000 flow-through units (the "FT Units") at a deemed price of $0.06 per FT Unit. Each FT Unit consists of one flow-through common share and one non-transferable, non flow-through warrant (the "NFT Warrant"). Each NFT Warrant entitles the holder to purchase one non flow-through common share at a price of $0.075 for a period of two years expiring July 28, 2016. Shares issued in connection with this private placement including any shares issued as a result of the exercise of warrants will be subject to a four month hold period expiring November 29, 2014. No finder's fees were paid in connection with this offering.

About Aben Resources:

Aben Resources is a Canadian uranium and gold exploration company with projects in Saskatchewan's Athabasca Basin, Yukon, and NWT. The Company holds an interest in approximately 40,000 acres of highly prospective ground within the eastern flank of the Athabasca Basin in northern Saskatchewan including a 40% interest in the Mann Lake uranium project located 25 kilometres to the SSW of the McArthur River Uranium Mine. Aben also holds a 100% interest in the 18,314 acre Justin gold-silver-tungsten project located in southeast Yukon within the Tintina Gold Belt approximately 35 kilometers southwest of the Cantung Mine.

For further information on Aben Resources Ltd. (TSX VENTURE:ABN), visit our Company's web site at www.abenresources.com.


Jim Pettit, President

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.

Contact Information

  • Aben Resources Ltd.
    Don Myers
    Corporate Communications
    604-687-3376 / Toll Free: 800-567-8181
    604-687-3119 (FAX)