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Abitibi Metals Corp (OTCQB: AMQFF) filed a final short form prospectus in Canada for a bought-deal offering totaling $14,004,000 gross proceeds. The Offering comprises 11,430,000 common shares at $0.35 (gross $4,000,500) and 17,550,000 flow-through shares at $0.57 (gross $10,003,500). Closing is expected on or about Dec 16, 2025, subject to customary conditions and regulatory approvals.
The Underwriters include BMO Capital Markets as lead, with a 30-day over-allotment option to buy up to 4,347,000 additional Offered Securities (max 15%). Flow-through shares will have tax renunciation only to original subscribers; redistributed shares will not qualify as flow-through for charities or subsequent purchasers. The Final Prospectus is available on SEDAR+.
Abitibi Metals (OTCQB: AMQFF) reported a world-class drill intercept at B26: 17.91% CuEq (13.48% Cu, 5.15 g/t Au) over 6.3 m within 6.93% CuEq over 19.5 m in Hole 1274-17-269W5, starting at 976.5 m. Using spot metal prices the same 6.3 m equals 23.83% CuEq, valued at roughly C$3,500/t.
Phase 3 drilling is nearly complete (19,182 of 20,000 m), and Hole 1274-25-373W2 extended mineralization 150 m down plunge. Company holds 50% of B26 with an option to earn an additional 30%. Current resource cited: 11.3 Mt @ 2.13% CuEq (Indicated) and 7.2 Mt @ 2.21% CuEq (Inferred). Additional assays and follow-up drilling planned.
Abitibi Metals (OTCQB: AMQFF) reported October 30, 2025 assay results that extend the B26 Western Copper-Gold Zone with a 150 m step-out, including 3.2 m @ 8.16% CuEq (6.26% Cu, 2.21 g/t Au) inside 11.0 m @ 3.93% CuEq (2.92% Cu, 1.17 g/t Au). The Phase 3 program also returned a VMS zinc‑silver highlight of 7.2 m @ 2.29% CuEq (3.56% Zn, 166.81 g/t Ag).
To date 16,990 m of 20,000 m Phase 3 drilling is complete, the project is described as open along strike and at depth, and the company is fully funded through 2027. Abitibi owns 50% of B26 and holds an option to earn an additional 30% from SOQUEM.
Abitibi Metals (CSE: AMQ | OTCQB: AMQFF) appointed mining executive and shareholder Craig Parry to its Advisory Committee on October 28, 2025. Parry brings over 20 years of global mining and exploration experience and has played key roles in major discoveries including NexGen's Arrow, IsoEnergy's Hurricane, and Vizsla's Panuco-Copala.
He currently serves as Lead Director of Skeena Resources (CAD $2.8B market cap), Executive Chairman and CEO of Vizsla Copper, and Chairman of Vizsla Silver (CAD $2.0B market cap). Abitibi said Parry will advise as the company advances the high-grade B26 deposit in Québec with an aggressive drill program underway.
Abitibi Metals (OTCQB: AMQFF) reports Phase 3 drilling at the B26 deposit in Québec has extended mineralization beyond the current resource model. Hole 1274-25-373-W1 returned an approximately 27 metre mineralized interval including a visually identified ~7.3 metre potential high-grade copper-gold core with ~10% chalcopyrite stringers. Step-outs of 150 m (373-W1) and 100 m (269-W2b) were drilled outside the MRE. A total of ~17,500 metres have been drilled in Phase 3 to date; assays are pending. Three rigs are now focused on the western down-plunge corridor to test open, expanding mineralization.
Abitibi Metals (OTCQB: AMQFF) expanded its Phase 3 drill program at the B26 deposit in Québec to 20,000 metres after final assays from hole 1274-17-269W3 upgraded a high‑grade intercept to 4.46% CuEq over 21.1 m (within 1.80% CuEq over 69.0 m), starting at 932 m downhole. Using spot prices the headline intercept rises to 5.89% CuEq over 21.1 m (1.14 g/t Au credit). Three rigs are active and Phase 3 is on track for completion by the end of November 2025.
Abitibi Metals (OTCQB:AMQFF) has announced significant drilling results from its Phase 3 program at the B26 Polymetallic Deposit. The highlight intercept showed 3.65% CuEq over 21.1 meters within a broader zone of 1.55% CuEq over 69.0 meters starting at 932 meters depth.
The company has completed 9,060 meters of the planned 17,500-meter Phase 3 drill program, with step-out drilling successfully extending mineralization up to 100 meters beyond the 2024 resource boundary. The current resource stands at 11.3MT @ 2.13% CuEq (Indicated) and 7.2MT @ 2.21% CuEq (Inferred).
Abitibi is fully funded through Q1 2027 and has budgeted approximately 25,000 additional metres for Phase 4 drilling in 2026. The company currently owns 50% of B26 with an option to earn an additional 30% from SOQUEM.
Abitibi Metals (OTCQB:AMQFF) reported significant progress in its Phase 3 drill program at the B26 polymetallic deposit in Québec. The company has completed 8 holes totaling 7,000 metres with three active rigs and 10,500 metres remaining.
Key discoveries include Hole 1274-17-269-W2b intersecting 30 metres of VMS style mineralization 80 metres beyond current resource boundary, and Hole 1274-25-368 encountering two multi-metre zones of copper mineralization 160 metres beyond previous drilling. Abitibi currently owns 50% of the B26 deposit with an option to earn an additional 30% from SOQUEM.
Abitibi Metals (OTCQB:AMQFF) reports significant progress in its Phase 3 drilling program at the B26 Polymetallic Deposit in Québec. The company has completed 6 holes totaling 4,829 metres with two active rigs, successfully intersecting mineralization beyond the current resource boundaries.
Key highlights include Hole 1274-17-269-W1b, which intersected 20 metres of VMS style mineralization 80 metres beyond the current resource boundary. The B26 deposit currently holds a global resource of 11.3MT @ 2.13% Cu Eq (indicated) & 7.2MT @ 2.21% Cu Eq (inferred) across a 1.8 km strike length.
The company is fully funded until Q1 2027 and plans an additional 25,000 metres for Phase 4 drilling in 2026. Initial assay results from Phase 3 are expected in the coming month.
Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) has provided an update on its 16,500-metre phase 2 drill program at the B26 Polymetallic Deposit. The company has identified a broad zone of mineralization in step-out hole 1274-24-338, which was drilled along the Western Plunge of the deposit. The hole intercepted three distinct mineralized domains:
1) Cu-Au Zone (1,206-1,287 m)
2) High-grade zone within the Cu-Au Zone (1,262-1,272 m)
3) VMS Zn-Ag-Cu-Pb zone (1,314-1,344 m)
Significant quartz veining associated with chalcopyrite stringers and semi-massive bands were identified within the Cu-Au Zone. Abitibi is now drilling a wedge hole (1274-24-338W1) to intersect the mineralized zone 50 metres to the west of the initial hole. The company is fully funded with $15.5 million to complete the remaining 2024 work program and an additional 20,000 metres in 2025.