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Abcourt Announces Binding Term Sheet with Glencore AG for Senior Debt Financing and Offtake Agreement
Globenewswire· 2025-12-22 12:00
ROUYN-NORANDA, Quebec, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce that it has entered into a binding term sheet with Glencore AG (“Glencore”) for a senior debt financing in the principal amount of up to US$ 30 million (the “Financing”) and an accompanying offtake agreement (the “Offtake”, and together with the Financing, the “Transaction”). Key Financing Points: The Financing will be provided by Glencore in t ...