Core Viewpoint - Abcourt Mines Inc. has secured an additional USD$2,000,000 loan from Nebari Natural Resources Credit Fund II, LP, increasing the total borrowed amount to USD$10,000,000 to support the development of its Sleeping Giant Mine [1][2][3]. Group 1: Loan Agreement Details - The total amount borrowed from Nebari is USD$10,000,000, divided into two tranches: USD$8,000,000 on July 3, 2025, and USD$2,000,000 on September 10, 2025 [2]. - The amended loan agreement includes the addition of Tranche 2, with no other material changes to the original agreement [2]. Group 2: Use of Proceeds - The proceeds from the Upsized Loan will be utilized to accelerate the development of the Sleeping Giant Mine, including the addition of a third underground diamond drill to expand mineral resources [3]. Group 3: Management Comments - Pascal Hamelin, President and CEO of Abcourt, emphasized the importance of the partnership with Nebari and the operational benefits of increasing on-site workers to reduce costs and expedite underground development [4]. - Steven Bowles, Managing Director of Nebari, expressed satisfaction with the loan increase, highlighting the operational readiness plan that positions the project favorably in the current gold price environment [4]. Group 4: Warrants Issuance - In connection with the Upsized Loan, Abcourt issued 14,905,298 non-transferable warrants to Nebari, each exercisable for one common share at an exercise price of $0.093 until July 3, 2028 [4].

Core Points - Abcourt Mines Inc. has accepted loan offers totaling $5,800,000 from Investissement Québec to finance tax credits related to resources for the fiscal years ending June 30, 2025, and June 30, 2026 [1][2] - The loans consist of a bridge loan of up to $1,300,000 for the fiscal year ending June 30, 2025, and a second bridge loan of up to $4,500,000 for the fiscal year ending June 30, 2026 [1][2] - The loans will bear interest at an annual rate equal to the prime rate plus 2.55% and will be secured by refundable tax credits and a support letter of credit representing 10% of the loans [2] Company Overview - Abcourt Mines Inc. is a Canadian development company with properties located in northwestern Québec, focusing on the Sleeping Giant mine and mill, as well as the Flordin property [3]

Core Viewpoint - Abcourt Mines Inc. is initiating a non-brokered private placement of a secured convertible debenture to raise gross proceeds of $3,000,000, alongside a secured financing facility of $8 million and a non-brokered equity financing of $1,000,000, aimed at restarting the Sleeping Giant mine and mill [1][6][11][14]. Debenture Offering - The debenture will have an interest rate of SOFR plus 10% per annum and will mature in four years [2] - The principal amount can be converted into common shares at a price of $0.05 per share in the first year and $0.10 per share in subsequent years [2] - The debenture will be purchased by François Mestrallet, a director of the Corporation, constituting a related party transaction [3] - The Corporation will rely on exemptions from formal valuation and minority shareholder approval requirements as the transaction does not exceed 25% of its market capitalization [4] Financing Facility - The Corporation plans to close a secured financing facility with Nebari Natural Resources Credit Fund II, LP for $8 million, with an interest rate of SOFR plus 12% and a term of 36 months [6] - The Corporation has the option to prepay the outstanding principal amount after 365 days, subject to a minimum prepayment of $1,000,000 [7] - The Lender will receive 87,040,000 warrants, each exercisable for one common share at an exercise price of $0.0625 for 36 months [8] Equity Financing - The Corporation intends to close a tranche of non-brokered equity financing for gross proceeds of $1,000,000, selling units at a price of $0.05 per unit [11] - Each unit will consist of one common share and one common share purchase warrant, with the warrant exercisable at $0.08 for 36 months [12] - If the trading price of common shares exceeds $0.12 for 20 consecutive trading days, the Corporation may accelerate the expiry date of the unit warrants [13] Use of Proceeds - The net proceeds from the debenture offering, financing facility, and private placement will be used to restart the Sleeping Giant mine and mill, repay outstanding payables, and for general corporate purposes [14]

Core Viewpoint - Abcourt Mines Inc. has successfully closed an additional tranche of its non-brokered private placement, raising a total of $9,281,044 to support the restart of the Sleeping Giant mine and for general corporate purposes [1][4]. Group 1: Private Placement Details - The recent tranche raised gross proceeds of $4,613,004, contributing to a total of $9,281,044 raised through private placements [1]. - The private placement consists of units priced at $0.05 each, with each unit comprising one common share and one warrant [2][9]. - Each warrant allows the holder to purchase one common share at a price of $0.08 for a period of 36 months following the closing date [2]. Group 2: Use of Proceeds - The net proceeds from the private placement will be utilized to restart the Sleeping Giant mine and mill, along with working capital and general corporate purposes [4]. Group 3: Related Party Transactions - The private placement involved related party transactions, with insiders purchasing a total of 20,000,000 units [5][11]. - The Corporation relied on exemptions from formal valuation and minority shareholder approval requirements due to the transaction's value being below 25% of the Corporation's market capitalization [5]. Group 4: Securities and Regulatory Compliance - All securities issued in connection with the private placement are subject to a restricted period of four months plus one day from the issuance date [6]. - The private placement remains subject to final approval from the TSX Venture Exchange [10].