Mr. Pascal Hamelin reports

ABCOURT CLOSES $1,252,000 NON-BROKERED PRIVATE PLACEMENT

Abcourt Mines Inc. has closed a non-brokered private placement of 20,866,666 units of the corporation at a price of six cents per unit for aggregate gross proceeds of $1,251,999.96.

"I would like to thank our current shareholders for their continued support and would like to welcome NQ Investissement Minier as a new shareholder of Abcourt," commented Abcourt's chief executive officer, Pascal Hamelin. "NQ Investissement Minier's participation and interest in our company serve as a significant endorsement within the sector, highlighting the potential of our projects."

Each unit consists of one common share of the corporation and one common share purchase warrant. Each warrant entitles its holder to purchase one common share at a price of eight cents for a period of 36 months.

The corporation intends to use the net proceeds from the private placement to advance activities for development and exploration at the Sleeping Giant gold project in the Abitibi greenstone belt of Quebec.

The private placement remains subject to approval of the TSX Venture Exchange. All securities issued in connection with the private placement are subject to a statutory hold period ending on the date that is four months plus one day following the date of their issuance.

About Abcourt Mines Inc.

Abcourt is a Canadian exploration corporation with strategically located properties in northwestern Quebec, Canada. Abcourt owns the Sleeping Giant mill and mine, where it concentrates its activities.

We seek Safe Harbor.