Abitibi Metals — Capital/Financing Update 2025

Dec 9, 2025

COZEN O'CONNOR LLP

December 8, 2025

VIA SEDAR+

Ontario Securities Commission (Principal Regulator)
British Columbia Securities Commission
Alberta Securities Commission
Autorité des marchés financiers (Québec)
Financial and Consumer Affairs Authority of Saskatchewan
Manitoba Securities Commission
Financial and Consumer Services Commission (New Brunswick)
Newfoundland and Labrador Securities Commission
Nova Scotia Securities Commission
Prince Edward Island Securities Office

Dear Sirs and Mesdames:

Re: Abitibi Metals Corp. (the "Company")
Final Short Form Prospectus dated December 8, 2025 (the "Prospectus")

In connection with the Prospectus, we consent to the reference to our name on page iii and under the heading "Legal Matters" and consent to the use of our firm's name and reference to our opinion under the headings "Eligibility for Investment" and "Certain Federal and Provincial Income Tax Considerations" in the Prospectus.

We have read the Prospectus and have no reason to believe there are any misrepresentations in the information contained therein that are derived from our opinion referred to therein or that is within our knowledge as a result of services that we have performed in connection with those matters that are the subject of our opinion.

Yours truly,

"Cozen O'Connor LLP"

COZEN O'CONNOR LLP

Bentall 5 550 Burrard St Suite 2501 Vancouver, BC V6C 2B5
(604) 674-9170 (604) 674-9245 Fax cozen.com