Mr. Paul Anderson reports
ABACUS ANNOUNCES GRANT OF STOCK OPTIONS
Abacus Mining & Exploration Corp.'s board of directors has approved
the grant of stock options to directors, officers, employees and consultants of the company,
allowing for the acquisition of up to, in the aggregate, 2,455,000 shares of the company. The
grant is a result of the company's annual compensation review, and the issuance is made under
the company's approved stock option plan. The options are exercisable at a price of five cents per
share for a period of five years from the date of grant and are subject to regulatory policies.
About Abacus Mining & Exploration Corp.
Abacus is a mineral exploration and mine development company currently focused on copper and gold in British Columbia and
Nevada. The company's main asset is a 20-per-cent ownership interest, together with KGHM Polska Mied SA (80 per cent), in
the proposed copper-gold Ajax mine located southwest of Kamloops, B.C., which has undergone a joint provincial and
federal environmental assessment process. On Dec. 14, 2017, a decision was made by the B.C. Minister of
Environment and Climate Change Strategy and the Minister of Energy, Mines and Petroleum Resources to decline
to issue an environmental assessment certificate for the project. KGHM have recently reopened an office in
Kamloops, B.C., to facilitate first nations, community and governmental engagement to advance the project
toward a potential resubmission of the environmental application.
Abacus also holds an option on the Willow copper-gold property located near Yerington, Nev., in which it can
acquire an up-to-75-per-cent ownership interest, and the contiguous Nev-Lorraine claims subject to a 10-year lease
agreement.
We seek Safe Harbor.
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