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abacus mining & exploration (ABCFF) Snapshot

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abacus mining & exploration (ABCFF) Details

Abacus Mining & Exploration Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company, through a 20% interest in KGHM Ajax Mining Inc., holds a 20% interest in the feasibility stage Ajax copper-gold project located near Kamloops, British Columbia. Abacus Mining & Exploration Corporation was founded in 1983 and is based in Vancouver, Canada.

abacus mining & exploration (ABCFF) Top Compensated Officers

Total Annual Compensation: C$206.5K
Compensation as of Fiscal Year 2013.

abacus mining & exploration (ABCFF) Key Developments

Abacus Mining & Exploration Corporation, Annual General Meeting, Jul 03, 2014

Abacus Mining & Exploration Corporation, Annual General Meeting, Jul 03, 2014., at 11:00 Pacific Standard Time. Location: Room 2801 - 2800 Park Place. Agenda: To receive and consider the financial statements of the company for the financial year ended December 31, 2013, together with the report of the auditors thereon; to set the number of directors of the company at four; to elect directors of the company for the ensuing year; to appoint auditors of the company for the ensuing year and authorize the directors to fix their remuneration; and to transact such further or other business as may properly come before the meeting or any adjournment or adjournments thereof.

Abacus Mining & Exploration Corporation Auditor Raises 'Going Concern' Doubt

Abacus Mining & Exploration Corporation filed its Annual on Apr 17, 2014 for the period ending Dec 31, 2013. In this report its auditor, Smythe Ratcliffe, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Abacus Mining Announces Management Changes

Abacus Mining and Exploration Corporation announced management and board of director changes effective February 1, 2014. Mr. James Excell has resigned as President, CEO and a director of Abacus effective immediately, in order to pursue other business opportunities. Mr. Thomas McKeever will retire as Executive Chairman of the company, but will remain a director of Abacus. Effective immediately, Mr. Michael McInnis will assume the role of Chairman, President & CEO of the Company. Mr. McInnis is a professional geologist with over 25 years of experience successfully managing junior mining companies, most recently as President and CEO of Riverstone Resources Inc.


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