ABINGTON TO INCREASE SHORT FORM OFFERING TO RAISE UP TO $2 MILLION

ABINGTON VENTURES INC. (the "Corporation") is pleased to announce it intends to increase the public offering previously announced on November 14, 2003 and raise up to $2,000,000 through the sale of units by way of a Short Form Offering Document ("SFOD") to purchasers in British Columbia and Alberta and such other jurisdictions as the offering may legally be sold. Under the SFOD, the Corporation, through its Agent, Canaccord Capital Corporation, will offer up to 3,636,364 units at a price of $0.55 per unit. Each unit will be comprised of one Common Share and one transferable Common Share Purchase Warrant ("Warrant"). Each two (2) Warrants will entitle the holder to acquire one additional Common Share for a period of one year at aprice of $0.60. The proceeds of this offering will be used primarily for working capital and exploration and development at the Verdstone Project in Arizona.

As stated in the company’s 43-101 compliant report, the geological continuity of the recently discovered V3w Zone I is sufficient to classify it as a Mineral Resource with potential for economic merit. The deposit looks to be open to the north, west and east. A further work programme is recommended to expand the size of the existing Mineral resource. The Verdstone Mine site also retains valuable infrastructure assets in place since the 1992-1996 production period, in which production was estimated at 500,000 tons of 0.5 opt gold.