ABI Abcourt Mines Inc

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE
SERVICES OR FOR DISSEMINATION IN THE UNITED STATES


Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines Inc.
(TSX VENTURE:ABI)(BERLIN:AML)(FRANKFURT:AML) (the "Company") announced today
that the Company closed a second and last tranche of a non-brokered private
placement of up to $700,000 in units (the "Units") and up to $500,000 in
flow-through shares, on the following terms.


Each Unit offered at a price of $0.07 each is comprised of one Class B share (a
"common share") of the Company and of one half (1/2) common share purchase
warrant and each common share offered on a flow-through basis (a "Flow-Through
Share") was offered at a price of $0.085 each. Each full warrant comprised in a
Unit will entitle the holder thereof to purchase one common share of the Company
over a period of 12 months from the date of closing at a price of $0.10.


At the first closing announced by press release dated August 22, 2013, the
Company issued 7,190,000 Units (and not 719 Units as indicated by mistake in
that press release) for an amount of $503,300 and 2,916,647 Flow-Through Shares
for an amount of $247,915. At this second closing, the Company issued 230,000
Units for an amount of $16,100 and 376,000 Flow-Through Shares for an amount of
$31,960. In aggregate, the Company issued 7,420,000 common shares and 3,710,000
warrants allowing the purchase of 3,710,00 common shares and 3,292,647
Flow-Through Shares pursuant to that private placement, representing a total
subscription amount of $799,275.


The proceeds from the Flow-Through Shares will be used by the Company primarily
to further advance the Elder Gold Mine project in the Abitibi region in the
Province of Quebec and the proceeds from the Units will be allocated to working
capital.


The private placement is subject to customary conditions and the final approval
of the TSX Venture Exchange. The securities issued and sold will be subject to a
four month hold period under applicable securities legislation.


This press release does not constitute an offer to sell, or a solicitation of an
offer to buy, any securities of the Company and shall not constitute an offer,
solicitation or sale in any jurisdiction in which such an offer, solicitation,
or sale would be unlawful.


About Abcourt Mines Inc.

Abcourt Mines Inc. is an exploration and development company with strategically
located properties in northwestern Quebec, Canada. The Elder Mine with 43-101
gold resources, the Abcourt-Barvue Project with 43-101 silver-zinc ore reserves
and resources and the Aldermac property with historical copper-zinc resources
are all former producers. Abcourt is now focused on bringing the Elder and
Abcourt-Barvue projects back into production with Elder as the first priority.
At the same time the company is working on other projects (Aldermac, Vezza,
Jonpol and Vendome) to increase its mineral resources inventory. A 43-101
resource calculation was completed in July, 2012, for the Elder Mine. A positive
PEA report was prepared on Elder mine in the Fall of 2012 by Roche Limited,
Consulting Group. A positive 43-101 feasibility study was completed by GENIVAR
in 2007 on the Abcourt-Barvue Project. In addition, mill equipment was
purchased. To know more about Abcourt, please visit our web site at
www.abcourt.com and SEDAR. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Renaud Hinse
President and CEO
819 768-2857 / 450 446-5511
819 768-5475 /  450 446-3550 (FAX)
rhinse@abcourt.com

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