On December 29, 2023, Abitibi Metals Corp., closed the transaction. The company issued 13,571,429 charity flow-through common shares priced at CAD 0.70 per CFT share for the gross proceeds of CAD 9,500,000.3, and 833,333 flow-through common shares priced at CAD 0.60 per FT Share for the gross proceeds of CAD 499,999.8 for the total gross proceeds of CAD 10,000,000.30. As a part of the transaction, the company paid CAD 364,957.67 cash and 365,751 finder?s warrants.

The finder's warrants are exercisable at CAD 0.70 per share for a period of 24 months from the closing date of the offering.