Abitibi Metals Appoints Keith Gorman as Chief Financial Officer & Provides Update on B26 Drilling

• Keith Gorman is appointed Chief Financial Officer effective immediately, joining Abitibi Metals from Foran Mining Corporation.
• Gorman previously held corporate and operational finance roles at Kirkland Lake Gold and at Alamos Gold's Young Davidson Mine.
• Outgoing Chief Financial Officer Eric Myung transitions to a consulting role with the Company.
• Gorman receives 200,000 incentive stock options exercisable at $0.65 for 5 years, plus 200,000 restricted share units.
• Abitibi has suspended all drilling and field exploration at B26 and evacuated site personnel following an evacuation order from Quebec fire authorities.
• No damage to the camp, equipment, or infrastructure has been reported, and no material impact on the project timeline is anticipated.

Company Overview

Abitibi Metals (CSE: AMQ | OTCQB: AMQFF | FSE: FW0) is a Quebec-focused explorer acquiring and advancing high-quality base and precious metal assets. Its flagship B26 polymetallic project is located 7 kilometres southeast of the former Selbaie Mine, providing access to established infrastructure for potential mine development. A National Instrument 43-101 technical report gives B26 an indicated resource of 12.96 million tonnes at 2.08% copper equivalent and an inferred resource of 12.34 million tonnes at 2.20% copper equivalent. The Company's portfolio also includes the Beschefer gold project.

New Chief Financial Officer Appointment

Abitibi Metals has appointed Keith Gorman as Chief Financial Officer, effective immediately. Gorman, a Chartered Professional Accountant, joins from Foran Mining Corporation, where he served as Director of Financial Planning and Analysis. The Company framed the hire around its next phase of growth as it advances B26 and pursues district-scale consolidation across the Selbaie Camp.

Chief Executive Officer of Abitibi Metals, Jonathon Deluce, is direct about the rationale:

"We are delighted to welcome Keith to the Abitibi team. His time at Foran Mining, one of the standout growth stories in base and precious metals development, combined with his strong experience in operational finance, gives him a rare view across the full project lifecycle, from exploration through to production discipline. That perspective will be invaluable as we advance B26 and pursue consolidation across the Selbaie Camp."

Gorman's Finance Background

Gorman's experience spans corporate and operational finance across the mining sector. Before Foran Mining, he held progressively senior roles at Kirkland Lake Gold and at Alamos Gold's Young Davidson Mine, covering corporate finance, strategic planning, financial reporting, and the operational demands of moving mineral projects towards development. In his new role, he will lead the finance function and support the Company's strategy as B26 advances.

Gorman frames his own priorities around building the finance platform:

"I am excited to be joining Abitibi Metals as it continues to advance its B26 Project and look forward to contributing to the development of a disciplined, scalable finance platform in support of the Company's strategic objectives and continued growth."

Outgoing Chief Financial Officer & Incentive Grants

Eric Myung, who served as Chief Financial Officer from the point Abitibi became a public company, moves into a consulting role and continues with the Company. Alongside the appointment, Abitibi granted Gorman 200,000 incentive stock options under its omnibus incentive plan, exercisable at $0.65 per share for 5 years, together with 200,000 restricted share units that vest in line with Company policy.

Update on B26 Drilling Activities

Abitibi has temporarily suspended all drilling and field exploration at B26 and safely evacuated site personnel and contractors. The decision followed an evacuation order issued by Quebec's forest fire protection agency, SOPFEU, and the province's Ministère des Ressources naturelles et des Forêts, in response to rising wildland fire danger in the area.

Deluce placed personnel safety at the centre of the decision:

"We look forward to returning to the site as soon as we are able. In the meantime, the safety of our employees and contractors is our top priority. I appreciate the hard work of all the Abitibi team members who ensured a safe evacuation from the site. We continue to monitor conditions closely and will provide an update when we are able to resume."

To date, no damage to the camp, equipment, or infrastructure at B26 has been reported. Abitibi does not anticipate a material impact on the overall project timeline from the suspension.

Next Steps

Abitibi will resume drilling and field exploration once conditions allow and site access is restored. The Company continues to monitor the situation and will provide further updates as warranted.

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