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Tag "abacus-mining-and-exploration-corp"

Abacus Mining and Exploration Corp.: Compensation Reductions and Stock Option Grants 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/09/13 — The board of directors of Abacus Mining & Exploration Corporation (TSX VENTURE: AME) ("Abacus") has granted 2,700,000 stock options to employees, directors and officers of Abacus. In considering the stock option grants, the board of directors took into account the 50% reductions in individual director fees (effective July 1, 2013) and officers salaries (effective October 1, 2013) that have been made voluntarily by the di

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Abacus Mining & Exploration Corporation: Ajax Project Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/02/13 — Abacus Mining & Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") announces today that it has been informed by KGHM International Limited ("KI") the operator of the Ajax copper/gold project that KI has recently concluded a comprehensive evaluation of the Ajax project.This evaluation took into account potential opportunities to make modifications to the project layout that may incr

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Abacus Adopts New Shareholder Rights Plan 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — May 16, 2013. Abacus Mining & Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") announces today that its Board of Directors has adopted a new shareholder rights plan (the "Plan"). In making this announcement, the Company emphasizes that it is not aware of any pending or threatened takeover bid.The Company is adopting the new Plan as the current shareholder rights plan originally a

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Abacus Provides Update on Ajax Copper-Gold Project in B.C. 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/19/13 — Abacus Mining & Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") is pleased to provide the following update from a recent KGHM-Ajax Mining Inc. ("KGHM-Ajax") Board Meeting. Abacus holds a 20% interest in KGHM-Ajax which owns the Ajax copper-gold project ("Ajax project") located near Kamloops, B.C.The operator of the Ajax project, KGHM International ("KGHMI"), h

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Abacus Extension of Warrants Approved 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/13/13 — Abacus Mining & Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") has been notified by the TSX Venture Exchange that its application to extend the expiry date of the previously issued warrants of the Company ("Warrants") by a further six (6) months has been approved.The expiry date of the Warrants has now been extended from March 14, 2013 to September 13, 2013. All other terms and

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Abacus Applies for Extension of Term of Warrants 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/01/13 — Abacus Mining & Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") has applied to the TSX Venture Exchange (the "Exchange") to extend the expiry date of previously issued warrants of the Company ("Warrants") by a further six (6) months.The Warrants were issued pursuant to a non-brokered private placement unit offering completed on March 14, 2012. Each Warrant is exercisabl

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Abacus Provides Update on the Ajax Copper-Gold Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/21/12 — Abacus Mining & Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") announces that in a letter addressed to the community of Kamloops, B.C., the operator of its 20% interest Ajax copper-gold project, KGHM International Ltd. ("KGHMI") provided assurance of their commitment and expertise to advance the Ajax project to the highest social and environmental standards.In the statement, KGH

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Abacus Announces Resignation of Andrew Pooler 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/03/12 — Abacus Mining & Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") announced today that its Board of Directors has accepted the resignation of Andrew F. Pooler as Executive Vice President and Chief Operating Officer. Mr. Pooler is resigning to pursue other opportunities.On behalf of the Board of Directors of Abacus, Jim Excell, President & CEO commented, "Andy-s foresight and leaders

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Abacus Closes Unit Offering of C$3.18 Million 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/15/12 — Abacus Mining & Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") is pleased to report that the previously announced non-brokered private placement unit offering (the "Offering") has closed.Pursuant to the Offering, the Company issued 14,446,818 units ("Units") at a price of C$0.22 per Unit, for gross proceeds to the Company of C$3,178,300. Each Unit consists of one commo

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Abacus Announces Up to $2.5 Million Unit Offering 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/12 — Abacus Mining and Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") is pleased to announce a non-brokered private placement of up to $2.5 million in units of the Company ("Units").Each Unit will be issued at a price of $0.22 per Unit and will consist of one common share and one-half of a common share purchase warrant. Each full warrant will be exercisable to purchase one common share

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