08:25 AM EST, 02/07/2025 (MT Newswires) -- Aben Minerals ( ABNAF ) said overnight Thursday that it raised $316,000 in an oversubscribed private placement.

Aben plans to use the proceeds for exploration expenditures and general working capital purposes.

Under the terms, the company issued 4,514,286 units priced at $0.07 apiece. Each unit comprises one common share and one full warrant. Each warrant is exercisable at $0.10 per share for two years.

Aben is advancing its flagship Justin gold project in Yukon and owns the Forrest Kerr gold project in British Columbia.