Aben Gold received $150,000 CAD and 400,000 Kingfisher shares as the second payment on the Forrest Kerr option deal. Kingfisher must pay $2.7 million over three years to earn 100%.
ABM INDUSTRIES INC /DE/ currently carries an Alpha Score of n/a, giving AlphaScala's model a neutral read on the setup.
Aben Gold Corp. (TSX-V: ABM) received the second payment under its option agreement with Kingfisher Metals Corp. on June 23. The payment came as $150,000 CAD and 400,000 Kingfisher shares, the company said Thursday.
The deal closed Dec. 23, 2025. Kingfisher has a three-year option to buy 100% of Aben's Forrest Kerr Project in British Columbia's Golden Triangle. The property covers 50 mineral claims across roughly 20,197 hectares.
Kingfisher must hit combined cash and share commitments of $2.7 million over three years to earn the full interest. The company will operate the project during the option period. All securities issued under the agreement carry a four-month-and-one-day hold period under Canadian securities law.
Aben holds 28.3 million shares outstanding and $3.6 million in treasury. The company's flagship is the 7,400-hectare Justin Gold Tungsten Project in southeast Yukon, adjacent to Seabridge Gold's 3 Aces Project. Milosz Mielniczuk, Aben's VP of Exploration, reviewed and approved the technical content of the release.
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