Feb 15 (Reuters) - Abacus Mining And Exploration Corp AME.V
* Abacus announces $1,000,000 financing and proposed share consolidation
* Abacus Mining and Exploration Corp - issuance of 20 million units at a price of $0.05 per unit
* Abacus Mining and Exploration Corp - proceeds from financing will be applied towards company's exploration commitments
* Abacus Mining and Exploration Corp - proposes to consolidate its common shares on a 6:1 basis Source text for Eikon: ID:nMKWyGvmda Further company coverage: AME.V