Aben Gold Receives First Payment of Option Agreement

Aben Gold Corp. (TSX-V: ABM) has announced that it has successfully received its first payment under the recently signed option agreement with Kingfisher Metals Corp. This agreement, finalized on December 23, 2025, allows Kingfisher the opportunity to acquire a 100% interest in the Forrest Kerr Project, located in British Columbia's lucrative Golden Triangle. The first payment received by Aben consisted of CAD $150,000 and 1,886,792 shares of Kingfisher, representing a significant step forward in the transaction.

The option agreement permits Kingfisher to explore and operate the Forrest Kerr Project over a three-year period, during which it must fulfill total cash and share issuance commitments of CAD $2.7 million to secure full ownership of the property. The Forrest Kerr Project comprises fifty mineral claims covering approximately 20,197 hectares, providing substantial exploration potential.

The payment structure delineated in the agreement includes further cash and share commitments scheduled at intervals of six months, twelve months, and at the end of the three-year term. The anticipated totals for cash payments and share values amount to CAD $1.2 million and CAD $1.5 million, respectively, contingent upon set price evaluations stipulated in the agreement.

Aben Gold, focused on enhancing shareholder value through exploration in favorable jurisdictions, oversees other projects, including its flagship Justin Gold Project in the Yukon Territory. With 23.2 million shares outstanding, Aben continues to advance its strategic objectives in the competitive gold exploration market.

For inquiries, Riley Trimble, Aben's President and CEO, is available through company contact information. Further updates can be found on Aben Gold's website.

Aben Gold Corp.'s recent announcement regarding its receipt of the first payment under the option agreement with Kingfisher Metals Corp. marks a significant milestone for the company and its stakeholders. Aben has successfully navigated the initial stages of this three-year agreement, receiving CAD $150,000 in cash and approximately 1.89 million shares of Kingfisher, valued at around CAD $500,000. This infusion strengthens Aben’s cash position while diversifying its holdings through equity in another exploration firm.

The option agreement grants Kingfisher a path to acquire a 100% interest in Aben's Forrest Kerr Project, a sizeable property in British Columbia's mineral-rich Golden Triangle. The projected total cash outlay and share issuance committed by Kingfisher amounts to CAD $2.7 million over the agreement's lifespan. This structure effectively allows Aben to minimize immediate capital expenditures while retaining a strategic interest in the potential upside of the Forrest Kerr Project.

Taking into account the prevailing market conditions and the promising location of the property, investors may view Aben as an attractive opportunity. The broader commodities market has shown resilience, particularly in precious metals, owing to increasing global economic uncertainties and inflation hedging. Aben's strategic position in this framework could enhance its valuation as Kingfisher progresses with investment.

Moreover, the operational control held by Kingfisher during the option period provides Aben with the advantage of reduced operational risk. Investors should keep an eye on the project's milestones and how well Kingfisher meets its financial commitments. Aben's potential for growth could significantly increase if Kingfisher successfully develops Forrest Kerr.

In summary, current and prospective investors should monitor Aben closely, leveraging its development projects and partnerships in favorable jurisdictions as indicators for long-term shareholder value enhancement.