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Fireweed Zinc Closes $4.5 Million Private Placement

Retrieved on: 
Friday, July 2, 2021

VANCOUVER, British Columbia, July 02, 2021 (GLOBE NEWSWIRE) -- FIREWEED ZINC LTD. (Fireweed or the Company) (TSXV: FWZ) is pleased to announce closing of its non-brokered private placement (the Financing) announced June14, 2021 for gross proceeds of CAD$4,503,427 consisting of 5,003,808 flow-through common shares of the Company (Flow-Through Shares) at a price of CAD$0.90 per share.

Key Points: 
  • VANCOUVER, British Columbia, July 02, 2021 (GLOBE NEWSWIRE) -- FIREWEED ZINC LTD. (Fireweed or the Company) (TSXV: FWZ) is pleased to announce closing of its non-brokered private placement (the Financing) announced June14, 2021 for gross proceeds of CAD$4,503,427 consisting of 5,003,808 flow-through common shares of the Company (Flow-Through Shares) at a price of CAD$0.90 per share.
  • The proceeds from the Financing will be used for exploration and development of the Companys Macmillan Pass Project in Yukon, Canada.
  • About Fireweed Zinc Ltd. (TSXV: FWZ): Fireweed Zinc is a public mineral exploration company focused on zinc-lead-silver and managed by a veteran team of mining industry professionals.
  • ON BEHALF OF FIREWEED ZINC LTD.