The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement for Abcourt Mines Inc. announced on Aug. 24, 2012:
Number of shares: 1,742,000 Class B common shares
Purchase price: 10 cents per Class B common share
Warrants: 871,000 warrants to purchase 871,000 Class B common shares
Warrants exercise price: 14 cents during the first year following the closing date of the private placement and 16 cents during the second year following the closing date of the private placement
Insiders: Renaud Hinse
The company has confirmed the closing of the above-mentioned private placement by way of press release dated Oct. 2, 2012.