Aben Resources Amends Non-Brokered Private Placement
March 17 2014 - 3:06PM
Marketwired
Aben Resources Amends Non-Brokered Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 17, 2014) - Aben
Resources Ltd. (TSX-VENTURE:ABN) (PINKSHEETS:ABNAF) (FRANKFURT:E2L)
(the "Company") announces that, after consultation with the TSX
Venture Exchange, it will be re-pricing the previously announced
private placement (see news release March 4th) of 12 million units
at a price of $0.05 per unit. The units will now be priced at $0.06
per unit to raise gross proceeds of up to $720,000. Each unit
consists of one common share and one non transferable share
purchase warrant with each warrant exercisable for a period of two
years at a price of $0.075 per share.
The Company may pay up to a 7% finder's fee payable in cash or
units in connection with the private placement offering.
The Company intends to utilize the proceeds of this private
placement for general working capital purposes and for property
investigation.
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
Aben Minerals (PK) (USOTC:ABNAF)
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