Abacus Announces Approval of Share Consolidation

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 26, 2017) - Abacus Mining & Exploration Corporation ("Abacus" or the "Company") (TSX VENTURE:AME) is pleased to announce that at the Special General Meeting of the shareholders of the Company held on April 25, 2017, Abacus' shareholders approved the previously announced consolidation of the issued and outstanding common shares of the Company (the "Common Shares") on the basis of one (1) post-consolidation Common Share for every six (6) pre-consolidation Common Shares (the "Consolidation").