TSX-V-listed exploration company Fireweed Metals has closed a nonbrokered private placement, raising C$16.8-million that it will use to expand its 2023 drill programme in northern Canada. The offering consisted of 8.75-million flow-through shares at C$1.92 each. The Lundin Family, through its trust, subscribed for 4.7-million shares and other key shareholders subscribed, including Larry Childress for 1.4-million and Teck Resources for 700 000 shares.
TSX-V-listed exploration company Fireweed Metals has closed a nonbrokered private placement, raising C$16.8-million that it will use to expand its 2023 drill programme in northern Canada.
The offering consisted of 8.75-million flow-through shares at C$1.92 each. The Lundin Family, through its trust, subscribed for 4.7-million shares and other key shareholders subscribed, including Larry Childress for 1.4-million and Teck Resources for 700 000 shares.Macmillan Pass project in Yukon, which is host to one of the biggest undeveloped zinc resources in the world where the Tom and Jason zinc-lead-silver deposits have current mineral resources (11.
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