Not for distribution to U.S. news wire services or dissemination in the United States. LONDON, Ontario, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) (FSE: FW0) (“Abitibi” or the “Company”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, as sole bookrunner, and Haywood Securities, as co-lead, under which the underwriters (the "Underwriters") have agreed to buy on bought deal basis 12,300,000 charity flo ...

Core Viewpoint - Sparton Resources Inc. has successfully closed the first tranche of a non-brokered private placement, raising gross proceeds of C$210,000 to fund exploration projects in Quebec [1][4]. Group 1: Offering Details - The company issued 6,000,000 Quebec Flow-Through Share (QFTS) Units at a price of C$0.035 per unit, resulting in total proceeds of C$210,000 [2]. - Each QFTS Unit consists of one common share and one-half of a non-flow-through Share Purchase Warrant (SPW), totaling 3,000,000 full SPWs [2]. - Each full SPW allows the holder to purchase one common share at a price of C$0.08 for a period of 12 months following the issue date [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to the exploration of Critical Metals projects in Quebec, particularly the Pense-Montreuil polymetallic metals project [4]. - Historical work at the project site has identified mineralization of zinc, copper, and nickel, with minimal exploration conducted in over 20 years [4]. - Planned activities include follow-up prospecting of airborne survey targets and diamond core drilling [4]. Group 3: Regulatory and Compliance - The closing of the offering has received necessary regulatory approvals, including from the TSX Venture Exchange [6]. - Finders fees totaling C$14,700 in cash and 420,000 full broker warrants have been paid to third-party finders [6]. - The securities offered are not registered under the U.S. Securities Act and cannot be sold in the United States without proper registration or exemption [8].

Core Viewpoint - Harvest Gold Corporation has successfully closed a non-brokered private placement, raising gross proceeds of approximately $2.3 million, which will be utilized for drilling and exploration activities in Quebec [1][5]. Group 1: Offering Details - The private placement consisted of 11,660,199 units priced at $0.075 per unit, generating proceeds of $874,514.93, and 13,533,666 charity flow-through units priced at $0.105 per unit, raising $1,421,034.93 [2]. - The total gross proceeds from the offering amount to $2,295,549.86 [1]. - All securities issued will be subject to a four-month hold period, expiring on December 1, 2025 [7]. Group 2: Investor Participation - Crescat Capital LLC, as the lead investor, purchased 5,866,666 units, increasing its non-diluted ownership in Harvest Gold to approximately 19.73% [3]. - Crescat's investment is classified as a "related party transaction" but is exempt from formal valuation and minority shareholder approval requirements [3]. Group 3: Exploration Plans - Harvest Gold is set to commence its first drilling program at the Mosseau Gold Project, while also exploring Urban Barry and Labelle for the first time [4]. - The proceeds from the charity flow-through units will be allocated to eligible Canadian exploration expenses related to the company's projects in Quebec [6]. Group 4: Company Overview - Harvest Gold Corporation has three active gold projects in the Urban Barry area, covering a total of 329 claims over 17,539.25 hectares, located approximately 45-70 km east of the Gold Fields Windfall Deposit [8]. - The company's management and technical advisors possess over 400 years of collective geological and financing experience [8].