Abitibi Metals Unveils C$10 Million Bought Deal Financing Plan

Written by Emily J. Thompson, Senior Investment Analyst

Source: Globenewswire

Updated: Nov 25 2025

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Source: Globenewswire

Offering Details: Abitibi Metals Corp. has entered an agreement with underwriters to sell 12.3 million charity flow-through common shares at C$0.57 each and 8.58 million hard dollar common shares at C$0.35 each, aiming for total gross proceeds of approximately C$10 million.
Use of Proceeds: The proceeds from the charity flow-through shares will be used to advance the B26 Polymetallic Deposit, while the net proceeds from the common shares will be allocated for general corporate purposes.
Regulatory Approval: The offering is expected to close around December 16, 2025, pending necessary regulatory approvals, and will be offered via a short form prospectus in Canada and potentially through private placement in the U.S.
Company Overview: Abitibi Metals Corp. focuses on acquiring and exploring mineral properties in Quebec, particularly targeting high-quality base and precious metal assets with significant growth potential.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.