Abasca Resources targets $3 million private placement for Loki graphite deposit exploration in Saskatchewan

  • Abasca Resources arranged a non-brokered private placement to raise up to CAD 3 million for exploration at the Loki flake graphite deposit.
  • Offering includes up to 10,000,000 flow-through shares at CAD 0.25, raising up to CAD 2.5 million.
  • Also includes up to 2,500,000 non-flow-through shares at CAD 0.2, raising up to CAD 500,000 for corporate expenses.
  • Loki deposit pit-constrained resource update shows 6.99 million tonnes indicated at 8.27% Cg, 15.83 million tonnes inferred at 6.93% Cg.
  • Funds also earmarked for 2026 work at the Thor Zone within the 100%-owned Key Lake South project in northern Saskatchewan.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Abasca Resources Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607200700ACCESSWRNAPR_____1193023) on July 20, 2026, and is solely responsible for the information contained therein.