On December 29, 2009, Abacus Mining & Exploration Corporation (TSX.V:AME) announced that it had closed its previously announced public equity financing (the "Offering"). Pursuant to the Offering, 19,502,000 units and 12,500,000 flow-through common shares, which included the partial exercise of the over-allotment option, were issued for aggregate gross proceeds to Abacus of $7,025,400.

The Offering was completed on a best efforts basis through a syndicate of agents co-led by Haywood Securities Inc. and Canaccord Financial Ltd.

The agents were advised by Fasken Martineau with a team that included Georges Dubé, Martin Fisher-Haydis, Daye Kaba and Daniel Fuke (corporate/securities) and William Bies (tax).