Abitibi Metals Corp. announced a non-brokered private placement of up to 3,488,372 charity flow-through common shares at a price of CAD 0.86 per share for the gross proceeds of CAD 2,999,999.92 on March 20, 2024. Finder?s fees in cash or securities may be paid on gross proceeds of the financing, as permitted by securities laws.

The securities issued in connection with the Offering are subject to the Company?s filing requirements with the Canadian Securities Exchange, and all securities will be subject to a four-month statutory hold period after closing. The transaction will be closed before April 9, 2024.