Rouyn-Noranda, Québec, Canada – TheNewswire - February 1, 2022 - Abcourt Mines inc. (« Abcourt » or the «Corporation») (TSXV:ABI) (OTC:ABMBF) is pleased to announce it has initiated the process to identify and appoint a new Chief Executive Officer (CEO) to succeed to Renaud Hinse, who has previously announced his retirement, which will take effect at the end of March 2022.

Mr. Hinse will continue to serve as CEO in the interim and will remain on the Board of directors of the Corporation.

It is expected that the new CEO will be appointed during the first quarter of 2022.

The job description for the CEO may be found at https://abcourt.com/wp-content/uploads/2022/01/Description.pdf

For additional information, nominations or confidential inquiries please contact:

• Daniel Adam, chair of the recruitment committee: danielj.adam@outlook.com 

Applications and nominations are currently being accepted until the position is filled.

The target date for applications is February 11, 2022.

ABOUT ABCOURT MINES INC.

Abcourt Mines Inc. is a gold producer and a Canadian exploration company with strategically located properties in northwestern Quebec, Canada. The Elder property has gold resources (2018). Abcourt is currently focusing on the exploitation of the Elder mine and on the development of the Sleeping Giant property.

To know more about Abcourt Mines Inc., please visit our web site at www.abcourt.com and consult our filings under Abcourt's profile on www.sedar.com.