Abcourt Announces its Results for the First Quarter Ended September 30, 2025 and the Engagement of Red Cloud Securities to Provide Market-Making Services

ROUYN-NORANDA, Quebec, Nov. 27, 2025 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB : ABMBF) announces its results for the first quarter ended September 30, 2025. All monetary values ​in this press release are expressed in Canadian dollars, unless otherwise indicated. Financial statements and management discussion and analysis are available on SEDAR+.

Summary of financial results

(In dollars)	Three months ended September 30
	2025		2024
Revenues	–		–
Costs of sales	5,009,786		–
Loss from mining operations	(5,009,786)		–
Administration expenses	1,416,858		775,757
Care and maintenance	29,288		887,433
Exploration expenses	250,068		501,160
Finance expenses	967,143		136,415
Net loss and comprehensive loss	(7,519,605)		(1,839,901)
Net loss per share, basic and diluted	(0.01)		(0.00)

(In dollars)	September 30, 2025		June 30, 2025
Cash	594,357		2,578,587
Total assets	31,811,592		21,408,153
Non-current liabilities	28,029,185		14,175,891
Shareholders’ equity	(5,488,044	)	(599,534	)
Working capital (non-IFRS measurement) *	1,288,412		2,952,725

^{* Working capital is a non-IFRS measurement with no standardized meaning under IFRS. For further information, please see section "Non-IFRS Measure".}