TORONTO, Sept. 22, 2025 (GLOBE NEWSWIRE) — Nebari Partners, LLC (“Nebari”) announces that through Nebari Natural Resources Credit Fund II, LP (the “Lender”) it has entered into a second agreement to amend its credit agreement (the “Loan Agreement”) with Abcourt Mines Inc. (“Abcourt” or the “Corporation”) pursuant to which an additional USD$2,000,000 is made available as a loan to the Corporation (the “Upsized Loan”). In connection with the closing of the Upsized Loan, the Abcourt issued 14,395,259 non-transferable warrants of Abcourt (the “Warrants”) to Nebari, each exercisable for one common share of the Abcourt (a “Warrant Share”) at an exercise price of $0.096 per Warrant Share until July 3, 2028, subject to a pro-rata reduction if the aggregate amount borrowed from the Lender is US$12,000,000 (the “Principal Amount”) is prepaid in whole or in part before July 3, 2026. In such case, a pro rata number of Warrants will have their term reduced to the later of July 3, 2026 and 30 days from the date of such Principal Amount reduction or repayment, in accordance with the policies of the TSX Venture Exchange (“TSXV”). For any additional information in relation to the Loan Agreement and the secured financing facility between Abcourt and the Lender please see the press releases issued and filed on SEDAR+ by Abcourt on April 10, 2025, June 18, 2025, July 3, 2025 and September 10 and 19, 2025.
