Aben Resources Granted DTC Eligibility
VANCOUVER, B.C., June 12, 2018 (GLOBE NEWSWIRE) -- Aben Resources Ltd. (TSX-V:ABN) (OTCQB:ABNAF) (Frankfurt:E2L2) ("Aben" or the "Company") is pleased to announce that the Company has been granted approval by The Depository Trust Company, which is a subsidiary of the Depository Trust & Clearing Corp., and manages the electronic clearing and settlement of publicly traded companies in the United States. Being DTC eligible is expected to greatly simplify the process of trading of the company's common shares on the OTCQB marketplace where Aben trades under the symbol "ABNAF". The DTC electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors. In addition to the OTCQB listing, shares of Aben continue to trade on the main TSX Venture Exchange under the symbol "ABN" as well as the Frankfurt Stock Exchange under the symbol "E2L2".
Aben recently announced plans for its upcoming summer drill program at the Forrest Kerr gold property located in northwestern British Columbia's Golden Triangle region (see news release dated May 23rd, 2018). A 5,000-metre diamond drill program is to begin shortly. The initial focus of the drill program will be to expand the high-grade precious metal mineralization discovered in 2017 at the Boundary North Zone, located near the center of the Forrest Kerr property.
Golden Triangle, B.C. claims map:
http://www.abenresources.com/i/maps/ABN_Golden_Triangle_map.jpg
James G. Pettit, Aben Resources President & CEO stated: "With heightened investor interest in the Golden Triangle during the summer drilling season, we believe that being DTC eligible will significantly enhance liquidity for our shareholders and improve our access to institutional and retail investors within the US."
About Aben Resources:
Aben Resources is a Canadian gold exploration company developing projects in British Columbia's Golden Triangle, the Yukon, and Saskatchewan.
For further information on Aben Resources Ltd. (TSX-V: ABN), visit our Company's web site at www.abenresources.com.
Aben Resources has approx. 79.3 million shares issued and outstanding.
"Jim Pettit"
____________________________
JAMES G. PETTIT
President & CEO
For further information contact myself or:
Don Myers
Aben Resources Ltd.
Director, Corporate Communications
Telephone: 604-639-3851
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@abenresources.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Aben Resources Ltd. via Globenewswire