Abcourt Appoints a New Director and Grants Stock Options
29 August 2023 - 10:00PM
Abcourt Mines Inc. (“Abcourt” or the
“Corporation”) (TSX Venture: ABI) announces it has
appointed Jasmine Hinse as director of the Corporation, in
replacement of Renaud Hinse, who died in June 2023.
Jasmine Hinse has a Bachelor’s degree in Law and
a Notarial Law diploma from Laval University and she was member of
the Barreau du Quebec from 2004 until she retired in 2020. She has
also completed the university certification program in corporate
governance from the College of Corporate Directors of Laval
University. From 2006 to 2020, she held the position of Director of
Corporate Legal Affairs at Fondaction, the Development Fund of the
Confederation of National Trade Unions for cooperation and
employment. Previously, from 2000 to 2006, she held the following
positions at the Caisse de dépôt et placement du Québec: Deputy
Secretary General at the General Secretariat and Legal Advisor for
a real estate subsidiary. Until 2000, Ms Hinse practiced as a
notary in a firm established in Val-d’Or.
The Board of Directors of Abcourt has also
granted an aggregate amount of 17,500,000 common share purchase
options to its directors and officers and to employees and some
consultants, of which 13,300,000 options to the directors and
officers and 1,800,000 to persons performing investor relations
activities. The options were granted at an exercise price of $0.05
and will expire on August 23, 2028. The options were granted
pursuant to the Stock Option Plan of Abcourt, which was modified by
the Board of Directors to increase the maximum number of common
shares that can be issued upon exercise of options to 42,810,000,
representing 10% of the outstanding common shares of Abcourt. This
amendment to the stock option plan is subject to the approval of
the TSX Venture Exchange.
ABOUT ABCOURT MINES INC.
Abcourt Mines Inc. is a Canadian exploration
corporation with strategically located properties in northwestern
Québec, Canada. Abcourt owns the Sleeping Giant mill and mine where
it concentrates its activities.
To know more about Abcourt Mines Inc., please
visit our web site at www.abcourt.ca and consult our filings under
Abcourt's profile on www.sedar.com.
Pascal Hamelin,President and CEO
T : (819) 768-2857phamelin@abcourt.com |
Dany Cenac Robert, Investor Relations Reseau
ProMarket Inc., T: (514) 722-2276 post 456
Dany.Cenac-Robert@ReseauProMarket.com |
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The TSX Venture Exchange and its regulatory service provider (as
defined in the policies of the TSX Venture Exchange) assumes no
responsibility for the adequacy or accuracy of this press
release.
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