May 12 (Reuters) - Abe Resources Inc ABE.V
* Abe resources completes acquisition of pioneer resources, 2:1 share consolidation, $2.25-million private placement and debt settlement
* Abe resources inc - an aggregate of 8.42 million shares at a deemed price of $0.05 per share were issued pursuant to acquisition and debt settlement Source text for Eikon: ID:nCNW54Cq5a Further company coverage: ABE.V