Mr. Renaud Hinse reports

ABCOURT SIGNS AN IR AGREEMENT WITH ARROWHEAD BUSINESS AND INVESTMENT DECISIONS OF NEW YORK, U.S.A.

Abcourt Mines Inc. has signed an agreement with Arrowhead Business and Investment Decisions LLC, of New York, to advise on investor relations and shareholder communications.

Arrowhead is a New York-based consulting firm that advises public companies on investor relations, financial communications and capital markets strategies, helping them to gain exposure to qualified investors and develop market awareness and understanding. Arrowhead disseminates corporate information and analysis to its investor network, which comprises institutional investment funds, family offices and individuals, and organizes two-way communications between this network and the issuers it represents.

Abcourt Mines' services agreement with Arrowhead is for an initial six-month term, and includes targeted communications with investor groups, management of and assistance with the dissemination of company news, and the preparation and dissemination of a company profile for use within Arrowhead's investor platform. Total consideration for the first six-month term is $20,000 (U.S.), to be paid by the company, one-half of which is payable immediately, and the second half of which is payable after three months. The engagement can be renewed for six-month terms under the same compensation conditions upon mutual agreement of the parties.

Arrowhead has no prior relationship with the company, has no direct or indirect interest in its securities, and has no right or intent to acquire such an interest. However, the principals of Arrowhead intend to seek an investment banking mandate from the company, compensation for which may come all or partially in form of grant of shares. Apart from this, the principals of Arrowhead have no intention to acquire additional interest in the company's securities on market or through any type of direct investment, while Arrowhead will be retained by the company.

Daniel Renaud, managing director of Arrowhead, stated: "We are looking forward to introducing Abcourt Mines to our investor network. The company is well positioned to thrive in the current environment. We were impressed by Abcourt's transformative progress over the past year and their ability to scale their Elder gold project to commercial production while executing the acquisition of another gold mine in the area and recommissioning its milling facility to process their ore. Furthermore, the company offers exposure to a diversified prospective exploration portfolio within a prime jurisdiction, including the advanced-exploration Abcourt-Barvue silver-zinc project, which continues to yield promising exploration results."

Renaud Hinse, Abcourt Mines chief executive officer, commented, "Abcourt holds an operating gold mine and several important projects at an advanced exploration stage, and the hiring of Arrowhead will result in having a better knowledge of these projects by investors and the public."

About Abcourt Mines Inc.

Abcourt Mines is a gold producer and a Canadian exploration company with strategically located properties in northwestern Quebec, Canada. The Elder property has gold resources (2012) and a positive preliminary economic assessment study. The company is focusing on the exploitation of the Elder mine. The Abcourt-Barvue property has silver-zinc resources (2014), and a feasibility study was completed in 2007 by Roche/Genivar on this project.

We seek Safe Harbor.