Abitibi Metals Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jonathon Deluce
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 1231 Huron Street London ON Canada N5Y 4L1
- IPO Date
- Nov 21, 2023
- Website
- abitibimetals.com
- Similar Companies
- Business
- Abitibi Metals Corp. (CSE: AMQ; OTCQB: AMQFF) is a Quebec-focused mineral exploration company engaged in the acquisition, exploration, and development of base and precious metal properties in Canada, primarily targeting copper, zinc, gold, and silver deposits in the Abitibi Greenstone Belt; its flagship B26 Polymetallic Deposit features an updated resource of 11.3 million tonnes indicated at 2.13% copper equivalent and 7.2 million tonnes inferred at 2.21% copper equivalent, alongside the Beschefer Gold Project with high-grade intercepts such as 55.63 g/t gold over 5.57 metres, plus the Horizon North-West, Bonanza, Val d'Or North, Southern Arm, and Quevillon West properties. Founded in 2018 and headquartered in London, Ontario, the company operates exclusively in mining-friendly jurisdictions of Quebec and Ontario, leveraging partnerships like its option agreement with SOQUEM, a subsidiary of Investissement Quebec, to advance projects with existing infrastructure including year-round road access, power lines, and proximity to the historic Selbaie Mine. In June 2025, Abitibi secured a 50% interest in the B26 Deposit ahead of schedule through fulfilled cash, share issuance, and work commitments, advancing toward 80% ownership via an ongoing Phase 3 drill program of 20,000 metres in 2025 and a planned 25,000 metres in 2026 to support a Preliminary Economic Assessment; recent highlights include a C$14 million bought deal financing, a 150-metre step-out extending the western copper-gold zone with 8.16% CuEq, and intersections like 17.91% CuEq over 6.3 metres, with the company fully funded through Q1 2027 and trading at a significant discount to peers on metrics like EV per copper equivalent pound.
Abitibi Metals Continues to Strengthen Leadership Team with the Appointment of Ben Pullinger as Senior Vice President of Corporate Development and Growth
Abitibi Metals Appoints Keith Gorman as Chief Financial Officer and Operations Update
Abitibi Metals Secures 100% Ownership of the B26 Deposit and Establishes a District Scale Consolidation Platform Across the Selbaie Camp
Abitibi Metals Intersects 4.04% CuEq (3.63% Cu, 0.37 g/t Au) over 14 m within 1.48% CuEq (1.33% Cu, 0.13 g/t Au) over 46.7 m
Abitibi Metals Announces Closing of Non-Brokered Financing for Gross Proceeds of $30.75 Million
Abitibi Metals Secures Up to C$30.75 Million in Strategic Financing Led by Discovery Silver
Abitibi Metals Announces Non-Brokered Financing Led by Discovery Silver, with a 9.9% Strategic Stake
Abitibi Metals Expands Western Down-Plunge Zone with 150m Step-Out, Intersecting 2.71% CuEq over 7m within 1.81% CuEq over 15m
Abitibi Metals Announces Filing of NI 43-101 Technical Report for the B26 Deposit
Abitibi Metals Achieves Early Exercise of B26 Option, Securing 80% Ownership of the High-Grade Copper-Gold Project in Quebec
Abitibi Metals Delivers 124% Resource Growth at B26, Defining a High-Grade Copper-Gold System of Meaningful Scale
Abitibi Metals Delivers Significant Increase in B26 Mineral Resource, Advancing to 13.0 Mt Indicated at 2.1% CuEq and 12.3 Mt Inferred at 2.2% CuEq
Abitibi Metals Delivers 12.83% CuEq at B26 as High-Grade Zone Continues to Grow
Abitibi Metals Continues to Expand High-Grade Copper-Gold Mineralization in the Western Down-Plunge, Highlighted by 12.83% CuEq over 5m
Abitibi Metals Appoints Proven Mine Builder and Operator David Bernier as Chief Operating Officer
Abitibi Metals Launches Large-Scale Phase 4 Drill Program Targeting up to 40,000 Metres at the B26 Project
Abitibi Metals Issues Year-End Shareholder Letter as Copper Hits Record Highs
Abitibi Closes Bought Deal Public Offering of Common Shares and Flow-Through Shares
Abitibi Files Final Short Form Prospectus in Connection with a Bought Deal Public Offering of Common Shares and Flow-Through Shares
Abitibi Metals Increases Previously Annouced Bought Deal Financing to C$14 Million