Log In

Don't have an account? Sign up

Abacus Mining & Exploration Corporation (AME) Financials

TSXV: AME · Copper, Gold · Development stage

Abacus is a mineral exploration and mine development company currently focused on copper and gold in B.C. and Nevada. The Company's main asset is a 20% ownership interest, together with KGHM Polska Mied¿ S.A. (80%), in the proposed copper-gold Ajax Mine located southwest of Kamloops, B.C., which has undergone a joint provincial and federal environmental assessment process. On December 14, 2017, a decision was made by the B.C. Minister of Environment and Climate Change Strategy and the Minister of Energy, Mines and Petroleum Resources to decline to issue an environmental assessment certificate for the Project. KGHM continues to work to facilitate First Nation, community and governmental engagement in order to advance the project towards a potential resubmission of the environmental application. Abacus also owns a 100% interest in the Willow copper-gold property located near Yerington, Nevada, and it controls the contiguous Nev-Lorraine claims subject to a ten-year lease agreement.

Abacus Mining & Exploration Corporation financings

3 financings announced or closed by Abacus Mining & Exploration Corporation, read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2025-12-08Abacus Mining & Exploration Corporation (AME)Private placement, non-brokeredClosed, 1 tranche$371K$0.025Abacus Announces Private Placement
2025-02-28Abacus Mining & Exploration Corporation (AME)Private placement, non-brokeredClosed, 1 tranche$470K$0.020Abacus Announces Financing
2024-07-23Abacus Mining & Exploration Corporation (AME)Private placement, non-brokeredTranche closed, 2 tranches$400K$0.020Abacus Announces Financing

Abacus Mining & Exploration Corporation debt and credit facilities

Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Abacus Mining & Exploration Corporation has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.

DateDebtLenderAmountTerms
2019-04-02Credit facility, closed / fundedCIBCC$30M—
2019-02-11Convertible debenture, closed / funded—C$2.4M12%

Related lists

Browse MineTerminal Pro

Explore mining stocks: Gold stocks Copper stocks Silver stocks Lithium stocks Uranium stocks Nickel stocks Canada British Columbia United States Ontario Quebec Insider buying Top drill results All lists