Mr. Riley Trimble reports

ABEN GOLD CLOSES PRIVATE PLACEMENT FINANCING

Aben Gold Corp. has closed a non-brokered private placement financing for total gross proceeds of $400,000. Aben has allotted and issued five million units at a price of eight cents per unit. Each unit comprises one common share and one warrant. Each warrant will entitle the holder to purchase one common share for a period of two years at a price of 12 cents per share.

Management and board, as insiders of the company, have subscribed for an aggregate 550,000 units for gross proceeds of $44,000. The issuance of the units to the insiders is considered a related party transaction subject to Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61-101 on the basis that the participation by the insiders will not exceed 25 per cent of the fair market value of the company's market capitalization.

The company intends to use the proceeds from this private placement toward exploration expenditures and general working capital purposes. The private placement is subject to final TSX Venture Exchange approval and all securities are subject to a four-month-and-one-day hold period. The company has not paid any finders' fees in connection with the private placement.

About Aben Gold Corp.

Aben Gold is a Canadian gold exploration company with exploration projects in Yukon and British Columbia. The company's flagship property, the 7,400-hectare, 100-per-cent-owned Justin gold project, is located in southeastern Yukon in the Tintina gold belt adjacent to Seabridge Gold's 3 Aces project.

The company's goal is to increase shareholder value through new discoveries and developing exploration projects in geopolitically favourable jurisdictions.

The company has 28.2 million shares outstanding.

We seek Safe Harbor.