Financings

Abitibi Files Final Short Form Prospectus in Connection with a Bought Deal Public Offering of Common Shares and Flow-Through Shares

By The Northwire Desk — AI Analysis Dec 09, 2025 · 17:01 AMQ · 0.375 Abitibi Metals Corp.

AMQ · Price

Abitibi Metals Corp. filed a Final Short Form Prospectus to complete a bought‑deal offering of 11,430,000 common shares at $0.35 and 17,550,000 flow‑through shares at $0.57, targeting total gross proceeds of $14,004,000.
Closing is expected on or about December 16, 2025, subject to customary conditions; an over‑allotment option allows purchase of up to an additional 4,347,000 shares (max 15% of base offering).
The flow‑through component is structured for original subscribers to claim Canadian exploration expenses; subsequent charitable or secondary purchasers will not retain flow‑through tax status.

Offered Common Shares: 11,430,000 at $0.35 each → $4,000,500 gross proceeds.
Flow‑Through Shares: 17,550,000 at $0.57 each → $10,003,500 gross proceeds.
Total Gross Proceeds: $14,004,000 to be used for corporate purposes (not specified in release).
Underwriters: BMO Capital Markets (lead bookrunner), Haywood Securities Inc. (co‑lead manager), ATB Securities Inc., Desjardins Securities Inc., Paradigm Capital Inc., Stifel Nicolaus Canada Inc.
Closing Date: Expected ≈ December 16, 2025; must occur no later than 42 days from the filing date.
Over‑Allotment Option: Up to 4,347,000 additional shares (common and/or flow‑through) exercisable within 30 days after closing, not exceeding 15% of base offering volume.
Flow‑Through Share Mechanics: Original subscribers may claim eligible Canadian exploration expenses; any subsequent charitable or secondary purchaser of the redistributed shares will not retain flow‑through status.
Distribution Method: “Access equals delivery” – prospectus available on SEDAR+ and via BMO Nesbitt Burns distribution centre.
Regulatory Notices: Offering not registered in the United States; no U.S. solicitation permitted.

“On behalf of the Board of Abitibi Metals Corp., Jonathon Deluce, President & CEO, Director.” (Signature line)

More from Abitibi Metals Corp.