Abitibi Metals Announces C$10 Million Bought Deal Financing
Globenewswire·2025-11-25 21:46

Core Points - Abitibi Metals Corp. has entered into an agreement with underwriters to raise approximately C$10 million through the sale of 12,300,000 charity flow-through common shares at C$0.57 each and 8,580,000 hard dollar common shares at C$0.35 each [1][3] - The offering is expected to close around December 16, 2025, pending necessary regulatory approvals [2] - Proceeds from the charity flow-through common shares will be used for the advancement of the B26 Polymetallic Deposit, while net proceeds from the common shares will be allocated for general corporate purposes [3] Company Overview - Abitibi Metals Corp. focuses on acquiring and exploring mineral properties in Quebec, emphasizing high-quality base and precious metal assets with significant growth potential [5]