Fireweed Metals is pleased to report the initial results of the 2024 drill campaign, announce the appointment of Graham Richardson as the Company's CFO, and provide an update on the exploration program at its Macpass Project. Highlights Hole NB24-001 intersected 92.15 m of 8.61% zinc, 2.60% lead, and 42.7 g/t silver, including 11.21 m of 21.40% zinc, 6.66% lead, and 107.6 g/t silver. Vein and replacement mineralization [...]
Fireweed Metals Corp. is pleased to announce the updated Mineral Resource Estimate for the Tom and Jason deposits, as well as the inaugural resource estimates for the Boundary Zone and End Zone deposits at the Macmillan Pass Project . The MRE was prepared by SLR Consulting Ltd. in accordance with Canadian Institute of Mining and Metallurgy and Petroleum definitions, as required under National Instrument 43-101 . Peter [...]
Fireweed Metals Corp. announces that pursuant to the Company's stock option plan, on June 25, 2024 it granted stock options exercisable into 3,520,000 common shares in the Company to certain directors, officers, employees, and consultants of the Company. The stock options are exercisable at a price of C$1.18 per share for a five-year term. About Fireweed Metals Corp. : Fireweed Metals Corp. is an exploration company [...]
Fireweed Metals Corp. is pleased to announce the closing of the non-brokered private placement first announced June 6, 2024. Highlights $43 million total raised, a significant increase over the initial $30 million offering. The Lundin Family Trusts, through their company Nemesia S.à.r.l., subscribed for a total of 5,000,000 shares and Larry Childress for a total 3,363,636 shares. The Offering The Offering consisted of [...]
Fireweed Metals Corp. , is pleased to announce that, due to strong demand, it has elected to increase the previously announced non-brokered private placement offering of Offered Shares . The increased Offering consists of three parts for gross proceeds of approximately C$43 million, as follows: 12,985,586 common shares of the Company at a price of C$1.10 per share; 909,090 common shares of the Company that will qualify as [...]
Fireweed Metals Corp. , is pleased to announce the results of voting at its annual general and special meeting of shareholders which was held on June 11, 2024, in Vancouver, BC . Full details of all the voting results for the 2024 Meeting are available on SEDAR+ at www.sedarplus.ca. A total of 78,544,062 common shares, representing 52.93% of the votes attached to all outstanding shares as at the record date for the [...]
Fireweed Metals Corp. , is pleased to announce that, due to strong demand, it has elected to increase the previously announced non-brokered private placement. The increased offering consists of two parts for gross proceeds of approximately CAD$41,740,000 as follows: 12,727,273 common shares of the Company at a price of CAD$1.10 per share. 16,128,243 flow-through common shares of the Company issued through a charitable [...]
Fireweed Metals Corp. , is pleased to announce a non-brokered private placement for gross proceeds of up to CAD$30,000,000. Highlights The Offering will provide Fireweed with capital to advance its comprehensive 2024 drilling and regional exploration programs at Macpass, as well as support critical path items and financial commitments at Mactung. The Lundin Family Trusts have indicated their intention of subscribing for [...]
Fireweed Metals Corp. is pleased to report the launch of the largest regional program at Macpass aiming to unlock the 977 km2 district-level potential and develop new targets to drill-ready state. A 14,000+ metre drill program using four diamond drill rigs will have 8,000 m allocated to step out holes at Tom, Jason, and Boundary, while 6,000 m will test new targets at Macpass as part of the regional program. Objectives of [...]
Fireweed Metals Corp. announces the appointment of Peter Hemstead, Director of Fireweed, as Interim President and Chief Executive Officer, replacing Brandon Macdonald, effective immediately. The Company also announces the appointment of Adam Lundin as Strategic Advisor, the appointment of Paul Harbidge as independent Director, and the intention to nominate Jamie Beck for election to the Board at the Company's upcoming [...]
Fireweed Metals Corp. is pleased to announce that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will receive a fee of C$7,500 plus applicable taxes per month, payable monthly in advance. There are [...]
Fireweed Metals Corp. is pleased to announce its upgrade from the OTCQB® Venture Market to the OTCQX® Best Market , a top-tier public market in the United States. As of today, Fireweed's common shares are actively trading on OTCQX under the trading symbol "FWEDF." This significant step underscores the Company's commitment to accessibility for U.S. investors, aligning with the high standards set by OTCQX. CEO Statement [...]