February 28, 2024, London, ON: Abitibi Metals Corp (“Abitibi Metals” or the “Company”) (CSE:AMQ) (OTCQB: AMQFF) (WKN: A3EWQ3) is pleased to announce that it has successfully uplisted and begun trading on the OTCQB Venture Market (“OTCQB”) under the ticker symbol “AMQFF”, effective February 28, 2024, and that the Depository Trust Company (“DTC”) has made Abitibi Metals’ shares eligible for electronic deposit at DTC, allowing the Company to be more easily traded by and accessible to US institutional and retail investors. The Company is also pleased to announce that its shares are now trading on Germany’s Tradegate, Frankfurt, Stuttgart and Berlin Stock Exchanges under WKN: A3EWQ3. There will be no change to Abitibi Metals’ trading on the Canadian Securities Exchange under the symbol “AMQ”.
The OTC Markets is recognized by the United States Securities and Exchange Commission as an established public market providing transparent, credible, and accessible public information for analysis and valuation of securities. U.S. investors can find real-time quotes and market information for the Company at https://www.otcmarkets.com/stock/AMQFF/overview.
DTC is a subsidiary of the Depository Trust and Clearing Corporation, one of the world’s largest securities depositories. It manages the electronic clearing and settlement of publicly traded companies. A larger number of Abitibi Metals’ securities are now eligible to be electronically cleared and settled which allows a more streamlined process of trading, enhanced liquidity, and the provision of more direct access to investors in the U.S. OTC capital markets.
Additionally, Abitibi Metals will be participating in the Prospectors & Developers Association of Canada (PDAC) Convention, taking place from March 3-6, 2024, in Toronto, Ontario. We invite all interested parties to visit our booth, #2617, where our team will be available to discuss our latest developments, projects, and opportunities.
About Abitibi Metals Corp.:
Abitibi Metals Corp. is a Quebec-focused mineral acquisition and exploration company focused on the development of quality base and precious metal properties that are drill-ready with high-upside and expansion potential. Abitibi’s portfolio of strategic properties provides target-rich diversification and includes the option to earn 80% of the high-grade B26 Polymetallic Deposit (Ind: 7.0MT @ 2.94% Cu Eq & Inf: 4.4MT @ 2.97% Cu Eq) and the Beschefer Gold Project, where historical drilling has identified 4 historical intercepts with a metal factor of over 100 g/t gold highlighted by 55.63 g/t gold over 5.57 metres and 13.07 g/t gold over 8.75 metres amongst four modelled zones.
ON BEHALF OF THE BOARD
Jonathon Deluce, Chief Executive Officer