Aben Resources Announces Non-Brokered Private Placement
March 04 2014 - 9:09AM
Marketwired
Aben Resources Announces Non-Brokered Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 4, 2014) - Aben
Resources Ltd. (TSX-VENTURE:ABN) (PINKSHEETS:ABNAF) (FRANKFURT:E2L)
(the "Company") announces it has arranged a non-brokered private
placement of up to 12,000,000 units at a price of $0.05 per unit
("Unit") to raise gross proceeds of up to $600,000. Each Unit
consists of one common share and one non-transferable share
purchase warrant ("Warrant"), with each Warrant to entitle the
holder to purchase one common share for a period of two years at a
price of $0.06 per share.
The Company may pay up to a 7% finder's fee, payable in cash or
units, in connection with this private placement offering.
The Company intends to utilize the proceeds of this private
placement for general working capital purposes.
About Aben Resources:
Aben Resources is a Canadian uranium and gold exploration
company with projects in Saskatchewan's Athabasca Basin, Yukon, and
NWT. Aben 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.
For further information on Aben Resources Ltd.
(TSX-VENTURE:ABN), visit our Company's web site at
www.abenresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
James G. 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.
Aben Resources Ltd.James G. PettitPresident604-687-3376 or Toll
Free: 800-567-8181604-687-3119Aben Resources Ltd.Don MyersCorporate
Communications604-687-3376 or Toll Free:
800-567-8181604-687-3119info@abenresources.comwww.abenresources.com
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