Core Viewpoint - Abcourt Mines Inc. provided an update on the development work at the Sleeping Giant Mine, highlighting progress in operations and workforce development while addressing challenges in tonnage due to development sequencing [1][2]. Group 1: Operational Highlights - In November, 1,346 tonnes were milled with a mill head grade of 7.2 g/t and a recovery rate of 95.8%, resulting in the production of 298 ounces and pouring of 425 ounces [2]. - The addition of a fourth mining front was completed as planned, although lower tonnage was reported due to the development sequence in two of the four workplaces [2]. - The company reported a total of 9,859 meters of diamond drilling and 2,446 meters of underground rehabilitation year-to-date [5]. Group 2: Workforce Development - The labor workforce continued to increase in November, with a training program agreed upon with Technica Mining to train graduate students from mining schools, set to begin in January [3]. - The company aims to build a sustainable workforce for the next decade through this training initiative [3]. Group 3: Recognition and Future Plans - Abcourt won the precious metal panel pitch battle at the Mines and Money conference in London, showcasing its project among the best mining projects globally [4]. - The company is focused on raising awareness among investors worldwide to support its growth and development initiatives [4].

Core Viewpoint - Abcourt Mines Inc. successfully held its Annual Meeting of Shareholders on December 10, 2025, with all resolutions approved by over 94% of shares voted [1]. Group 1: Meeting Outcomes - All nominees presented in the management circular were elected, including René Branchaud, Loic Bureau, Eric Gratton, Pascal Hamelin, François Mestrallet, Noureddine Mokadden, and Chad Williams [2]. - Raymond Chabot Grant Thornton was reappointed as auditors for the financial year ending June 30, 2026 [2]. Group 2: Board Appointments - Following the Meeting, Noureddine Mokaddem was appointed as the new Chairman of the Board, while other officers were reappointed: Pascal Hamelin as President and CEO, Alain Lévesque as Chief Financial Officer, Robert Gagnon as Vice-President of Exploration, and Julie Godard as Corporate Secretary [3]. Group 3: Company Overview - Abcourt Mines Inc. is a gold producer and Canadian exploration corporation with strategically located properties in northwestern Québec, including the Sleeping Giant mill and mine and the Flordin property [4].

Core Points - Midland Exploration Inc. has completed a non-brokered private placement, issuing a total of 4,972,876 flow-through shares at $0.56 each and 550,000 common shares at $0.46 each, raising total gross proceeds of $3,037,811 [1][2] - Centerra Gold Inc. has exercised its right to maintain approximately 9.9% ownership by acquiring 550,000 shares as part of the private placement [2] - Insiders participated in the private placement, acquiring 443,500 flow-through shares for total gross proceeds of $348,360, which is classified as a related party transaction [3] - Following the private placement, Midland has 112,973,453 common shares issued and outstanding, and the transaction is subject to final acceptance by the TSX Venture Exchange [4] Financial Details - The total gross proceeds from the private placement amount to $3,037,811, with $348,360 raised from insider participation [1][3] - Finder's fees totaling $116,485 were paid to third parties in connection with the private placement [4] Company Strategy - Midland plans to use the proceeds from the private placement to fund exploration activities on its properties in Quebec and for general corporate purposes [2] - The company is focused on discovering new world-class deposits of gold and critical metals in Quebec and aims to build its portfolio through partnerships and additional agreements [5]

Core Viewpoint - Abcourt Mines Inc. reported significant financial losses in the first quarter of 2025, with a net loss of CAD 7.52 million, primarily due to high costs associated with mining operations and administrative expenses [2][6]. Financial Results Summary - Revenues for the quarter ended September 30, 2025, were CAD 0, while costs of sales amounted to CAD 5,009,786, resulting in a loss from mining operations of CAD 5,009,786 [2]. - Administration expenses increased to CAD 1,416,858 from CAD 775,757 in the previous year, while care and maintenance costs decreased significantly from CAD 887,433 to CAD 29,288 [2]. - Exploration expenses were CAD 250,068, down from CAD 501,160 in the same quarter of 2024, and finance expenses rose to CAD 967,143 from CAD 136,415 [2]. - The net loss per share was CAD 0.01, compared to CAD 0.00 in the prior year [2]. Balance Sheet Overview - As of September 30, 2025, the company had cash reserves of CAD 594,357, a significant decrease from CAD 2,578,587 as of June 30, 2025 [2]. - Total assets increased to CAD 31,811,592 from CAD 21,408,153, while non-current liabilities rose sharply to CAD 28,029,185 from CAD 14,175,891 [2]. - Shareholders' equity showed a negative balance of CAD 5,488,044, worsening from CAD 599,534 [2]. - Working capital, a non-IFRS measure, was CAD 1,288,412, down from CAD 2,952,725 [2][3]. Operational Developments - During the quarter, Abcourt initiated the development of mining operations at the Sleeping Giant site, incurring various expenses related to infrastructure and staffing [6]. - The company began filling the mill's circuit with gold and completed phase 1 of the sleep camp and kitchen, which were commissioned on September 2 [6]. - Civil construction work was also executed at the tailing facility in preparation for winter and future operational lifts planned for Summer 2026 [6]. Market Engagement - Abcourt has engaged Red Cloud Securities Inc. for market-making services, pending approval from the TSX Venture Exchange, to enhance liquidity for its common shares [5][7].

Core Viewpoint - Abcourt Mines Inc. provided an update on the development work at the Sleeping Giant mine, highlighting progress in production, hiring, and upcoming marketing efforts to attract investors [1][4]. Production and Development - In October, the company milled 2,563 tonnes of ore with a mill head grade of 6.0 g/t and a recovery rate of 95.6%, producing 475 ounces of gold and selling 124 ounces [2][8]. - As of October 31, one stope was in production while two were under development, with ongoing civil engineering work at the tailings facilities in preparation for a planned lift in summer 2026 [3][8]. - The number of diamond drill rigs increased from two to three, with a total of 1,666 meters drilled in October, contributing to a year-to-date total of 8,133 meters [3][7]. Workforce and Hiring - The company increased its workforce from 76 employees at the end of June to 106 by the end of October, with plans for further hiring to support increased mill feed volume [4][8]. Marketing and Investor Relations - Abcourt participated in several conferences, including the Munich Mining conference and the Red Cloud Mining Show, to promote its achievements and attract European investors [5][6]. - The company is preparing for a presentation at the Mines and Money event in London, where it will compete with other mining projects [6]. Monthly Summary of Key Elements - Key metrics for October include: - Diamond Drilling: 1,666 meters - Tonnes Milled: 2,563 tonnes - Ounces Produced: 475 ounces - Ounces Sold: 124 ounces - % Recovered: 95.6% [7][8].

Core Viewpoint - Abcourt Mines Inc. is preparing for its annual meeting on December 10, 2025, and is providing alternative options for shareholders to access meeting materials and vote due to Canada Post service disruptions [1][2]. Meeting Details - The annual meeting will take place at Lavery de Billy's offices in Montreal, Quebec, at 10:00 a.m. on December 10, 2025 [1]. - Meeting materials, including the Notice of Meeting and Management Information Circular, are available on Abcourt's SEDAR+ profile and the company's website [2]. Voting Information - Shareholders are not required to attend the meeting in person to vote, and proxies must be submitted by December 8, 2025, at 5:00 p.m. [3]. - Registered shareholders can vote online or by facsimile, while beneficial shareholders should contact their brokers for voting instructions [4][5]. Financial Statements - Abcourt has filed its audited financial statements and management discussion and analysis for the year ended June 30, 2025, which are available on SEDAR+ [6]. Regulatory Compliance - The company is relying on a temporary exemption from mailing requirements due to postal disruptions, confirming that all meeting agenda items are considered "annual matters" [7]. Meeting Agenda - The meeting will cover the following key points: 1. Review of the audited financial statements for the year ended June 30, 2025 [9]. 2. Election of directors for the upcoming year [9]. 3. Appointment of auditors and authorization for the board to fix their remuneration [9]. Company Overview - Abcourt Mines Inc. is a Canadian gold exploration and development company with properties in northwestern Québec, including the Sleeping Giant mine and the Flordin property [10].

Core Viewpoint - Abcourt Mines Inc. has successfully closed a brokered private placement, raising approximately $10 million through the sale of flow-through units and regular units, aimed at funding exploration and general corporate purposes [1][4]. Group 1: Offering Details - The Offering consisted of 41,666,666 flow-through units sold at $0.12 each and 58,823,530 regular units sold at $0.085 each [1]. - Each flow-through unit includes one class "B" share and one warrant, allowing the purchase of an additional class "B" share at $0.12 until October 31, 2028 [2]. - Each regular unit also consists of one class "B" share and one warrant, with the same purchase terms as the flow-through units [3]. Group 2: Use of Proceeds - Net proceeds from the sale of regular units will be allocated for working capital and general corporate purposes [4]. - Proceeds from the flow-through units will specifically fund exploration activities for the Flordin-Cartwright project in the Abitibi Greenstone Belt, with a commitment to incur qualifying expenditures by December 31, 2026 [4]. Group 3: Agent Compensation - The lead agent, Red Cloud Securities Inc., received a cash commission of approximately $450,000 and 4,264,711 non-transferable warrants, each allowing the purchase of a class "B" share at $0.12 until October 31, 2028 [5]. Group 4: Insider Participation - Mr. Nouredine Mokaddem, a director of Abcourt, subscribed for 24,705,880 units, increasing his beneficial ownership by approximately 2.14% [10]. - Following the Offering, Mr. Mokaddem holds 124,705,880 class "B" shares, representing about 11.19% of the outstanding shares on a non-diluted basis [12]. Group 5: Regulatory Compliance - The Offering was completed under the listed issuer financing exemption, and the units are not subject to resale restrictions under Canadian securities laws [6]. - The Offering is pending final approval from the TSX Venture Exchange [6].

Core Viewpoint - Abcourt Mines Inc. has received an environmental certificate of authorization for custom milling of ore from off-site deposits at its Sleeping Giant mill, enabling the company to engage in commercial discussions and process gold ore from other mining companies [1][2]. Group 1: Environmental Authorization and Business Strategy - The environmental certificate allows Abcourt to accelerate the environmental authorization process and start processing gold ore from mining companies lacking their own milling facilities [2]. - Custom milling is presented as a faster and more cost-effective alternative for gold development companies compared to building a new processing complex, which can take years and cost several hundred million dollars [2]. Group 2: Operational Capacity and Future Plans - The Sleeping Giant Mill is permitted for a daily throughput of 950 tonnes, with an average planned throughput of 340 tonnes per day, indicating that less than 40% of its capacity will be utilized for processing ore from the Sleeping Giant Mine according to the Preliminary Economic Assessment published on June 7, 2023 [3]. - Abcourt aims to define additional mineral resources at the Sleeping Giant Mine to maximize mill usage with internal ore sources while also processing ore from other sites for additional revenue [3]. Group 3: Market Position and Opportunities - The Abitibi and Eeyou Istchee regions are noted for having numerous small gold deposits that do not justify the investment in a new processing complex, positioning Abcourt as an attractive alternative for accelerating the development of these deposits [4]. - Custom milling is expected to enhance revenue, increase asset value, and evaluate potential synergies with nearby deposits [4].

Core Insights - Abcourt Mines Inc. has received an environmental certificate of authorization for custom milling of ore from off-site deposits at its Sleeping Giant mill, enabling the company to engage in commercial discussions with potential clients and process gold ore from other mining companies [1][2]. Group 1: Company Developments - The authorization allows Abcourt to accelerate the environmental authorization process and begin processing gold ore from companies lacking their own milling facilities, presenting a faster and more cost-effective alternative to building a new processing complex [2]. - The Sleeping Giant Mill is permitted for a daily throughput of 950 tonnes, with an average planned throughput of 340 tonnes per day, indicating that less than 40% of its capacity will be utilized for processing ore from the Sleeping Giant Mine [3]. - In the short term, Abcourt aims to process ore from other sites to generate additional revenue while continuing its business plan focused on production from the Sleeping Giant Mine [3]. Group 2: Market Context - The Abitibi and Eeyou Istchee regions are noted for having numerous small gold deposits that do not justify the investment required for building a processing complex, making Abcourt's custom milling services an attractive option for accelerating the development of these deposits [4]. - Custom milling not only maximizes the use of Abcourt's mill but also enhances revenue and asset value, while allowing for the evaluation of potential synergies with nearby deposits [4].

Core Viewpoint - Abcourt Mines Inc. reported significant financial results for the fourth quarter and year ended June 30, 2025, highlighting increased exploration expenditures and a notable improvement in working capital, while still facing a net loss for the year [1][2][7]. Financial Summary - Revenues for the year ended June 30, 2025, were $0, compared to $255,000 in 2024 [2]. - Administration expenses decreased slightly to $3,657,276 in 2025 from $3,762,272 in 2024 [2]. - Care and maintenance costs increased to $3,350,461 in 2025 from $2,702,092 in 2024 [2]. - Exploration expenses surged to $8,322,676 in 2025, up from $4,682,988 in 2024, reflecting significant work on the Sleeping Giant and Flordin properties [2][7]. - The net loss for the year was $14,421,015, compared to a loss of $11,585,571 in 2024 [2]. - Cash reserves improved to $2,578,587 in 2025 from $757,753 in 2024 [2]. - Total assets increased to $21,408,153 in 2025, up from $14,063,983 in 2024 [2]. - Non-current liabilities rose to $14,175,891 in 2025 from $12,261,315 in 2024 [2]. - Shareholders' equity improved to -$599,534 in 2025 from -$6,284,136 in 2024 [2]. - Working capital turned positive at $2,952,725 in 2025, compared to negative working capital of -$4,947,411 in 2024 [2][7]. Operational Highlights - The President and CEO noted that fiscal 2025 was significant for exploration achievements at the Sleeping Giant and Flordin properties, with plans to move into development mode following financing completed in July 2025 [3]. - Preparations for production at the Sleeping Giant property began in August 2025, indicating a shift towards operational development [3]. Company Overview - Abcourt Mines Inc. is a Canadian gold company focused on developing the Sleeping Giant mine and exploring other properties in northwestern Quebec [6]. - The company owns 100% of the Sleeping Giant mine and mill, as well as the Flordin exploration property [6].