Nebari Partners, LLC Acquired Warrants of Abcourt Mines Inc.

Core Viewpoint - Nebari Partners, LLC has amended its credit agreement with Abcourt Mines Inc., providing an additional loan of USD$2,000,000 and issuing warrants as part of the agreement [1]. Group 1: Loan Agreement Details - Nebari Natural Resources Credit Fund II, LP has entered into a second agreement to amend its Loan Agreement with Abcourt, making an additional USD$2,000,000 available as a loan [1]. - Abcourt issued 14,395,259 non-transferable warrants to Nebari, each exercisable for one common share at an exercise price of $0.096 per share until July 3, 2028 [1]. - If the total amount borrowed from Nebari reaches USD$12,000,000 and is prepaid before July 3, 2026, the term of a pro-rata number of warrants will be reduced [1]. Group 2: Ownership and Reporting - Following the issuance of warrants on September 18, 2025, Nebari holds a total of 116,340,557 warrants, representing 10.3% of Abcourt's issued and outstanding shares on a partially diluted basis [2]. - This ownership percentage qualifies Nebari as a reporting insider of Abcourt, necessitating the filing of an early warning report [2]. Group 3: Future Transactions - Nebari and related entities may acquire additional securities of Abcourt in the open market or otherwise, and reserve the right to dispose of any or all of their securities depending on market conditions and other relevant factors [3]. Group 4: Early Warning Report - An early warning report will be filed by Nebari in compliance with applicable securities laws [4]. Group 5: Company Information - Nebari Partners, LLC is based in New York and manages Nebari Natural Resources Credit Fund II, LP and Nebari Natural Resources AIV II, LP [5]. - Abcourt Mines Inc. is headquartered in Rouyn-Noranda, Québec, Canada [5].