Mr. Jonathon Deluce reports

ABITIBI METALS ANNOUNCES APPOINTMENT OF SHANE WILLIAMS TO ADVISORY COMMITTEE

Abitibi Metals Corp. has appointed Shane Williams to the company's advisory committee.

Mr. Williams is an accomplished mining executive and engineer, renowned for his record of executional excellence in successful mine restarts and builds. With extensive experience in Canada's gold mining sector and particularly his successful record in Quebec, his experience and expertise are highly relevant to act as an adviser to Abitibi Metals.

Jonathon Deluce, chief executive officer of Abitibi Metals, stated: "We are excited to announce the addition of Shane Williams to our advisory committee. Shane's extensive background in the mining industry, especially in Quebec, is a valuable asset to our team. His instrumental role in transforming the Lameque gold project in Quebec from a preliminary economic assessment stage to a fully operational mine in just 18 months is a testament to his expertise. We look forward to collaborating with him as we begin to mobilize on the B26 deposit, which will see aggressive exploration in 2024."

Mr. Williams is the current chief executive officer and president of West Red Lake Gold Mines. Under his leadership and guidance, in 2023, the company successfully transitioned from an early-stage explorer to a leading developer in the Red Lake region of Canada.

As the chief operating officer at Skeena Resources from 2020 to 2023, Mr. Williams played a pivotal role in advancing the past-producing Eskay Creek gold mine in British Columbia toward a restart. His leadership, team building and business development contributed to a remarkable fivefold increase in market value for Skeena during his tenure.

From 2013 to 2019, Mr. Williams held various leadership positions at Eldorado Gold, culminating in his role as senior vice-president overseeing Canadian and Greek operations. Under his guidance, the Lameque gold project in Quebec progressed from a preliminary economic assessment to a fully operational mine in 18 months. Mr. Williams also served as project director for Eldorado's Greek assets, successfully developing the Skouries and Olympias projects with a combined capital expenditure exceeding $1-billion (U.S.). Prior to his tenure at Eldorado Gold, Mr. Williams was involved with several thriving operations in progressively senior roles around the world.

Mr. Williams holds a BEng in electrical engineering from the Dublin Institute of Technology, Ireland, and an MSc in project management from the University of Limerick, Ireland.

"I am thrilled to join Abitibi Metals' advisory committee at such a pivotal time in the company's trajectory. The team has made excellent progress in such a short period of time, and I am excited to support as we move forward with the company's remarkable assets," commented Mr. Williams.

About Abitibi Metals Corp.

Abitibi Metals is a Quebec-focused mineral acquisition and exploration company focused on the development of quality base metal 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 high-grade B26 polymetallic copper deposit (indicated: 7.0 million tonnes at 2.94 per cent copper equivalent; inferred: 4.4 million tonnes at 2.97 per cent copper equivalent) and the Beschefer gold project, where historical drilling has identified four historical intercepts with a metal factor of over 100 grams per tonne gold, highlighted by 55.63 grams per tonne gold over 5.57 metres and 13.07 grams per tonne gold over 8.75 metres amongst four modelled zones.

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