Core Viewpoint - Abcourt Mines Inc. has appointed Mr. Loïc Bureau as Chief Operating Officer, effective immediately, to enhance operational activities and focus on the company's strategic goals [1][6]. Group 1: Leadership Appointment - Mr. Loïc Bureau is a trilingual engineer with over twenty years of experience in mining operations management and corporate governance [2]. - He previously served as General Manager at Pershimco Resources Inc., overseeing operations and budget management across Canada, Mexico, and Panama [3]. - Bureau has also contributed to education in the mining sector while serving as Chairman of the Board of Directors of Pershimex Resources, leading to a successful merger with Abcourt Mines [5]. Group 2: Strategic Importance - Bureau expressed enthusiasm about joining Abcourt Mines and emphasized the significance of the recent return to production at the Sleeping Giant mine as a strategic milestone [6]. - Pascal Hamelin, President and CEO, highlighted that 2026 will be an exciting year for Abcourt, with Bureau's expertise being a valuable asset for growth and production commencement at the Sleeping Giant Mine [6]. Group 3: Financial Developments - On December 22, 2025, Abcourt Mines announced binding terms with Glencore AG for senior debt financing of up to US$30 million and a production purchase agreement, with a final agreement expected soon [7]. Group 4: Company Overview - Abcourt Mines Inc. is a gold producer and exploration corporation with strategically located properties in northwestern Québec, including the Sleeping Giant mill and mine [8].
Abcourt Announces the Appointment of Loïc Bureau as Chief Operating Officer
Globenewswire·2026-01-13 13:00