ROUYN-NORANDA, Canada, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. ("Abcourt" or the "Company") (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce that the high-resolution drone magnetic survey undertaken in early January on the Flordin property has been completed and results are now available. Highlights: The main east-SE/west-NW strike magnetic anomaly is continuous over the entire property and corresponds, according to known geological information, to the mafic lava sequence (basalt-andes ...

ROUYN-NORANDA, Quebec, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB : ABMBF) announces its financial results for the second quarter ended December 31, 2025. All monetary values ​in this press release are expressed in Canadian dollars, unless otherwise indicated. Financial statements and management discussion and analysis are available on SEDAR+. Summary of financial results (In dollars)Three months ended December 31,Six months ended Decembe ...

ROUYN-NORANDA, Quebec, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to provide an update on the development work completed in January 2026 at the Sleeping Giant Mine, located in the Eeyou Istchee region of Québec. In January, Abcourt continued to actively advance the stopes development at the Sleeping Giant Mine while significantly strengthening its operational capacity. During the month, 25 new employees joined the team, ...

ROUYN-NORANDA, Quebec, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. ("Abcourt" or the "Company") (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce that it is undertaking a 20,000-metre drilling program on the Flordin Property. This drilling campaign (Phase 2) will be divided between the Cartwright sector and the South Zone sector, which were the subject of a first phase of drilling of approximately 4,000 metres last year. The ultimate objective of this campaign is to extend the various gold-b ...

ROUYN-NORANDA, Quebec, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF) is very pleased to announce the appointment of Mr. Dany Cenac Robert to the position of Vice-President, Communications and Corporate Development. A strategic partner of the Corporation since 2018, Mr. Cenac Robert possesses in-depth knowledge of Abcourt's assets and vision. With over 20 years of experience in strategic communications and financial markets, he notably ...

ROUYN-NORANDA, Canada, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce that it has closed today (the “Closing Date”) its previously announced transaction with Glencore AG (“Glencore”) comprising a senior secured debenture in the principal amount of up to US$ 30 million (the “Debenture”) and various accompanying agreements, including an offtake agreement on all products from the Corporation’s Sleeping Giant mine (c ...

ROUYN-NORANDA, Quebec, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to provide an update on development work carried out in last December at the Sleeping Giant Mine, located in the Eeyou Istchee region in the Province of Quebec. Abcourt continued developing its stopes and hiring in December. The month was shortened by the holiday break. The ore processing plant was paused from December 22 to January 5. However, underground ...

Core Viewpoint - Midland Exploration Inc. has initiated a 1,600-meter diamond drilling program on its Jouvex gold property, aiming to explore new gold potential in an area previously overlooked [3][4]. Group 1: Drilling Program Details - The diamond drilling program is set to begin in January 2026, consisting of five drill holes targeting magnetic anomalies and induced polarization (IP) anomalies [5]. - Historical drill hole JOU-1-84 showed promising alteration patterns, indicating favorable conditions for gold mineralization [5]. - The main target for the drilling is a strongly positive magnetic anomaly associated with a chargeability zone, which may suggest the presence of disseminated sulphides [5]. Group 2: Exploration Background - Exploration activities on the Jouvex property resumed in 2024-2025, including drone-supported magnetic surveys and an IP survey totaling 30 line kilometers [4]. - The southern part of the Jouvex property has been identified as the main area for current exploration efforts, with geological modifications indicating potential for VMS mineralization [6]. - The magnetic surveys suggest that major structures in the southern part of the project could be favorable sites for syenitic intrusions, similar to those found in the Douay area [6]. Group 3: Company Overview - Midland Exploration targets the mineral potential of Quebec, focusing on discovering new world-class deposits of gold and critical metals [7]. - The company collaborates with reputable partners, including Rio Tinto Exploration Canada Inc. and BHP Canada Inc., to enhance its exploration efforts [7]. - Midland is actively reviewing additional opportunities to expand its portfolio and generate shareholder value [9].

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].

Core Viewpoint - Abcourt Mines Inc. has entered into a binding term sheet with Glencore AG for a senior debt financing of up to US$30 million and an accompanying offtake agreement, aimed at strengthening liquidity and funding exploration activities [1][6]. Financing Details - The financing will be provided in two tranches: Tranche A of US$18.125 million available on the Closing Date, and Tranche B of up to US$11.875 million available at the Corporation's option between December 1, 2026, and January 31, 2027 [4]. - Proceeds will be used to repay higher-cost debt, fund exploration and capital expenditures at the Flordin project, and provide additional working capital [4]. - The financing matures 60 months after the Closing Date and bears interest at a rate of 1-Month SOFR plus 2.5% per annum, payable monthly after the first anniversary [4]. - Glencore will receive 68,905,000 warrants, each exercisable for one common share at C$0.15 for the first 36 months, and C$0.20 thereafter for the remaining term [4]. Offtake Agreement Details - Glencore will purchase 100% of the gold and silver dore production from the Sleeping Giant Mine for a minimum term of six years, with an aggregate delivery of 150,000 ounces of gold [4]. - After the initial term, Glencore will have a right of first refusal for additional purchases [4]. - Pricing for the offtake will be based on the average official LBMA prices for gold and silver [4][9]. - Glencore will also purchase all mineral products from the Flordin-Cartwright property for eight years after commercial production begins [4]. Company Overview - Abcourt Mines Inc. is a Canadian gold development company with properties in northwestern Québec, including the Sleeping Giant Mine and Mill, and the Flordin property [7].