Last C$0.08 CAD
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As of 3:54 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

aben resources ltd (ABN) Snapshot

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04/22/13 - C$0.20
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08/14/13 - C$0.05
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aben resources ltd (ABN) Details

Aben Resources Ltd., a junior exploration company, engages in the exploration and development of mineral properties in the Yukon and Northwest Territories in Canada. It primarily explores for gold, silver, lead, zinc, copper, and uranium. The company's flagship project includes 100% owned Justin Gold Project comprising approximately 18,314 acres located in southeast Yukon. It also holds interests in properties located in the Dawson City and White Gold District in Yukon; central Yukon Territory; and Athabasca Basin in northern Saskatchewan. The company was formerly known as Consolidated Abaddon Resources Inc. and changed its name to Aben Resources Ltd. in January 2011. Aben Resources Ltd. is based in Vancouver, Canada.

aben resources ltd (ABN) Top Compensated Officers

Chief Executive Officer, President and Direct...
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Compensation as of Fiscal Year 2013.

aben resources ltd (ABN) Key Developments

Aben Resources Ltd. Approves Change of Articles

Aben Resources Ltd. at its Annual and Special General Meeting held on February 20, 2014 approved change of articles to permit share consolidations and the company's advance notice policy for the election of directors.

Aben Resources Ltd. Announces Amendment to Articles

Aben Resources Ltd. announced amendment to Articles. The Exchange has recently amended its policy to provide that share consolidations may be effected by a resolution of a company's directors, without shareholder approval, for consolidations with a consolidation ratio of up to 10:1. The Company's articles currently require shareholder approval of all consolidations, regardless of the consolidation ratio. The Exchange's policy amendment enables a listed company to act quickly, efficiently and with minimal expense to consolidate its share capital in circumstances where capital is needed, but Exchange policy prevents the company from conducting a private placement at the current market price for its shares. The Company's management believes it to be in the best interests of the Company that the Company be able to avail itself of this policy amendment. Accordingly, it is proposed that the articles of the Company be amended to permit share consolidations to be effected by a resolution of the directors only. A resolution to this effect will be placed before the shareholders at the Shareholders' Meeting. The amendment to the Company's articles is subject to the approval of the shareholders and the TSX Venture Exchange.

Aben Resources Ltd. Auditor Raises 'Going Concern' Doubt

Aben Resources Ltd. filed its Annual on Dec 23, 2013 for the period ending Sep 30, 2013. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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