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Abitibi Metals ( (TSE:AMQ) ) has shared an announcement.
Abitibi Metals Corp. has announced a C$10 million bought deal financing agreement with a syndicate of underwriters, led by BMO Capital Markets and Haywood Securities. The proceeds from this financing will be used to advance the company’s B26 Polymetallic Deposit and for general corporate purposes, potentially enhancing its market position and operational capabilities.
More about Abitibi Metals
Abitibi Metals Corp. is focused on acquiring and exploring mineral properties in Quebec, with a strong emphasis on high-quality base and precious metal assets that present significant growth and expansion potential.
Average Trading Volume: 550,828
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$48.28M
See more insights into AMQ stock on TipRanks’ Stock Analysis page.