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Abitibi Metals Corp.
AMQFFBasic MaterialsOTCCA
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Highlights: Excellent High-Grade and Wide Intercept in the Western Down-Plunge Zone: Hole 1274-26-378W1 intersected 1.48% CuEq over 46.7 m (1.33% Cu, 0.13 g/t Au) starting at 946 m depth, including a higher-grade interval of 4.04% CuEq (3.63% Cu, 0.37 g/t Au) over 14 m. Confirms High-Grade continuity by 50 m along the eastern extension of the Western Down-Plunge, supporting resource growth through a potential increase in tonnage and grade in this area of the resource.
May 15, 2026 / London, Ontario - TheNewswire – Abitibi Metals Corp. (CSE:AMQ) (OTCQB:AMQFF) (WKN:A3EWQ3) (“Abitibi” or the “Company”) is pleased to announce that it has closed its non-brokered strategic private placement (the “ Offering ”) for aggregate gross proceeds of C$30,752,228. Discovery Silver Corp. (“ Discovery ”) subscribed for 23,704,790 common shares which represents approximately 9.9% of the issued and outstanding common shares of the Company on a non-diluted basis following closing of the Offering. In connection with closing of the Offering, Abitibi Metals and Discovery have entered into a participation agreement, whereby, subject to certain conditions, the Company will grant certain financing and other participation rights to enable Discovery to maintain its shareholding interest in the Company and other customary investor rights.
VANCOUVER, British Columbia, April 27, 2026 (GLOBE NEWSWIRE) -- Discovery Silver Expected to Take a 9.9% Strategic Stake as Abitibi Strengthens Its Balance Sheet to Advance B26
London, Ontario--(Newsfile Corp. - April 23, 2026) - Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) (FSE: FW0) ("Abitibi" or the "Company") is pleased to announce a non-brokered strategic private placement (the "Offering") for aggregate gross proceeds of up to C$30,752,228. Discovery Silver Corp. ("Discovery") is expected to acquire approximately 9.9% of the issued and outstanding common shares of the Company on a non-diluted basis upon closing of the Offering.
Highlights: Significant intercept confirms growth of the high-grade western down-plunge zone: Hole 1274-25-373W4 intersected 1.81% CuEq over 15 m starting at 1,346 m depth, including a higher-grade interval of 2.71% CuEq (1.88% Cu, 0.56 g/t Au) over 7m, with a peak of 4.52% CuEq over 2m. Confirms robust continuity within an expanding high-grade mineralized system along the Western Plunge.
Highlights: Indicated resources increased by 14% to 13.0 Mt from 11.3 Mt:
Highlights Early exercise of the B26 option secures 80% ownership, positioning Abitibi Metals as majority owner and operator of the high-grade copper-gold polymetallic project Mineral Resource Estimate has grown 124% in less than three years, highlighting the expanding scale and growth potential of the B26 system Fully funded 40,000-metre drill program underway in 2026, the largest in the Company's history, targeting resource expansion, infill drilling and regional exploration upside London, Ontario--(Newsfile Corp. - March 12, 2026) - Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) (FSE: FW0) ("Abitibi" or the "Company") is pleased to announce the successful completion of the second phase of its option agreement with SOQUEM Inc. ("SOQUEM"). This milestone secures an additional 30% undivided interest in the high-grade B26 Polymetallic Deposit, increasing Abitibi's ownership to 80% and positioning the Company as the majority owner and operator of the project.
