{"id":880,"date":"2020-03-31T02:13:00","date_gmt":"2020-03-31T02:13:00","guid":{"rendered":"https:\/\/fireweedmetals.co\/?p=880"},"modified":"2022-04-27T02:14:41","modified_gmt":"2022-04-27T02:14:41","slug":"fireweed-zinc-upsizes-private-placement","status":"publish","type":"post","link":"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/","title":{"rendered":"FIREWEED ZINC UPSIZES PRIVATE PLACEMENT"},"content":{"rendered":"\n

Vancouver, British Columbia: FIREWEED ZINC LTD.<\/strong> (\u201cFireweed\u201d<\/strong> or the \u201cCompany\u201d<\/strong>) (TSXV: FWZ) announces that due to high interest from existing shareholders, the size of the non-brokered private placement (the \u201cOffering\u201d<\/strong>) announced today has been increased to gross proceeds of up to CAD$1 million.<\/p>\n\n\n\n

The Offering will now consist of up to 3,333,333 common shares of the Company at a price of CAD$0.30 per share (\u201cCommon Shares\u201d) with a full four-year warrant (\u201cWarrants\u201d) exercisable at $0.60 per share but subject to accelerated expiry terms if the Company\u2019s shares trade at or above $1.00 per share for 20 consecutive days.<\/p>\n\n\n\n

The proceeds from the Offering will be used for work related to the Company\u2019s Macmillan Pass Project in Yukon, Canada, and for general working capital purposes.<\/p>\n\n\n\n

Closing of the Offering is subject to certain customary conditions, including, but not limited to, the receipt of all necessary regulatory approvals and acceptance of the TSX Venture Exchange. The Common Shares and Warrants issued under the Offering will be subject to a statutory hold period of four months plus a day following the date of closing.

About Fireweed Zinc Ltd. (TSXV: FWZ):<\/strong> Fireweed Zinc is a public mineral exploration company focused on zinc and managed by a veteran team of mining industry professionals. The Company is advancing its district-scale 544 km2<\/sup> Macmillan Pass Project in Yukon, Canada, which is host to the 100% owned Tom and Jason zinc-lead-silver deposits with current large Mineral Resources and a PEA economic study (see Fireweed news releases dated January 10, 2018, and May 23, 2018, respectively, and reports filed on www.sedar.com<\/a> for details) as well as the Boundary Zone, Tom North Zone and End Zone which have significant zinc-lead-silver mineralization drilled but not yet classified as mineral resources. The project also includes option agreements on large blocks of adjacent claims (MAC, MC, MP, Jerry, BR and NS) which cover exploration targets in the district where previous and recent work identified zinc, lead and silver prospects, and geophysical and geochemical anomalies in prospective host geology.

Additional information about Fireweed Zinc and its Macmillan Pass Zinc Project including maps and drill sections can be found on the Company\u2019s website at www.FireweedZinc.com<\/a> and at www.sedar.com<\/a>.

ON BEHALF OF FIREWEED ZINC LTD.<\/strong>


\u201cBrandon Macdonald<\/strong>\u201d<\/em>

 CEO & Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Vancouver, British Columbia: FIREWEED ZINC LTD. (\u201cFireweed\u201d or the \u201cCompany\u201d) (TSXV: FWZ) announces that due to high interest from existing shareholders, the size of the non-brokered private placement (the \u201cOffering\u201d) announced today has been increased to gross proceeds of up to CAD$1 million. The Offering will now consist of up to 3,333,333 common shares of the Company at a price […]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[7],"tags":[],"post_folder":[],"class_list":["post-880","post","type-post","status-publish","format-standard","hentry","category-7"],"acf":[],"yoast_head":"\nFIREWEED ZINC UPSIZES PRIVATE PLACEMENT - Fireweed Metals<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FIREWEED ZINC UPSIZES PRIVATE PLACEMENT - Fireweed Metals\" \/>\n<meta property=\"og:description\" content=\"Vancouver, British Columbia: FIREWEED ZINC LTD. (\u201cFireweed\u201d or the \u201cCompany\u201d) (TSXV: FWZ) announces that due to high interest from existing shareholders, the size of the non-brokered private placement (the \u201cOffering\u201d) announced today has been increased to gross proceeds of up to CAD$1 million. The Offering will now consist of up to 3,333,333 common shares of the Company at a price […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/\" \/>\n<meta property=\"og:site_name\" content=\"Fireweed Metals\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-31T02:13:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-27T02:14:41+00:00\" \/>\n<meta name=\"author\" content=\"Moira\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@fireweedzinc\" \/>\n<meta name=\"twitter:site\" content=\"@fireweedzinc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Moira\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/\"},\"author\":{\"name\":\"Moira\",\"@id\":\"https:\/\/fireweedmetals.com\/#\/schema\/person\/7e98281f156aed61639e9e1916c4e464\"},\"headline\":\"FIREWEED ZINC UPSIZES PRIVATE PLACEMENT\",\"datePublished\":\"2020-03-31T02:13:00+00:00\",\"dateModified\":\"2022-04-27T02:14:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/\"},\"wordCount\":424,\"publisher\":{\"@id\":\"https:\/\/fireweedmetals.com\/#organization\"},\"articleSection\":[\"2020\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/\",\"url\":\"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/\",\"name\":\"FIREWEED ZINC UPSIZES PRIVATE PLACEMENT - Fireweed Metals\",\"isPartOf\":{\"@id\":\"https:\/\/fireweedmetals.com\/#website\"},\"datePublished\":\"2020-03-31T02:13:00+00:00\",\"dateModified\":\"2022-04-27T02:14:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fireweedmetals.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FIREWEED ZINC UPSIZES PRIVATE PLACEMENT\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fireweedmetals.com\/#website\",\"url\":\"https:\/\/fireweedmetals.com\/\",\"name\":\"Fireweed Metals\",\"description\":\"CRITICAL METALS FOR PRESENT AND FUTURE GENERATIONS\",\"publisher\":{\"@id\":\"https:\/\/fireweedmetals.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fireweedmetals.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fireweedmetals.com\/#organization\",\"name\":\"FIREWEED ZINC LTD.\",\"url\":\"https:\/\/fireweedmetals.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fireweedmetals.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fireweedmetals.com\/wp-content\/uploads\/2022\/04\/staked.png\",\"contentUrl\":\"https:\/\/fireweedmetals.com\/wp-content\/uploads\/2022\/04\/staked.png\",\"width\":3217,\"height\":1562,\"caption\":\"FIREWEED ZINC LTD.\"},\"image\":{\"@id\":\"https:\/\/fireweedmetals.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/fireweedzinc\",\"https:\/\/www.linkedin.com\/company\/fireweed-zinc-ltd\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/fireweedmetals.com\/#\/schema\/person\/7e98281f156aed61639e9e1916c4e464\",\"name\":\"Moira\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fireweedmetals.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9057e853154bc5e5a0ed4b5918052127826c26eb4bba51b49a472a0f8eec35ce?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9057e853154bc5e5a0ed4b5918052127826c26eb4bba51b49a472a0f8eec35ce?s=96&d=mm&r=g\",\"caption\":\"Moira\"},\"url\":\"https:\/\/fireweedmetals.com\/author\/moira\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FIREWEED ZINC UPSIZES PRIVATE PLACEMENT - Fireweed Metals","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/","og_locale":"en_US","og_type":"article","og_title":"FIREWEED ZINC UPSIZES PRIVATE PLACEMENT - Fireweed Metals","og_description":"Vancouver, British Columbia: FIREWEED ZINC LTD. (\u201cFireweed\u201d or the \u201cCompany\u201d) (TSXV: FWZ) announces that due to high interest from existing shareholders, the size of the non-brokered private placement (the \u201cOffering\u201d) announced today has been increased to gross proceeds of up to CAD$1 million. The Offering will now consist of up to 3,333,333 common shares of the Company at a price […]","og_url":"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/","og_site_name":"Fireweed Metals","article_published_time":"2020-03-31T02:13:00+00:00","article_modified_time":"2022-04-27T02:14:41+00:00","author":"Moira","twitter_card":"summary_large_image","twitter_creator":"@fireweedzinc","twitter_site":"@fireweedzinc","twitter_misc":{"Written by":"Moira","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/#article","isPartOf":{"@id":"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/"},"author":{"name":"Moira","@id":"https:\/\/fireweedmetals.com\/#\/schema\/person\/7e98281f156aed61639e9e1916c4e464"},"headline":"FIREWEED ZINC UPSIZES PRIVATE PLACEMENT","datePublished":"2020-03-31T02:13:00+00:00","dateModified":"2022-04-27T02:14:41+00:00","mainEntityOfPage":{"@id":"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/"},"wordCount":424,"publisher":{"@id":"https:\/\/fireweedmetals.com\/#organization"},"articleSection":["2020"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/","url":"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/","name":"FIREWEED ZINC UPSIZES PRIVATE PLACEMENT - Fireweed Metals","isPartOf":{"@id":"https:\/\/fireweedmetals.com\/#website"},"datePublished":"2020-03-31T02:13:00+00:00","dateModified":"2022-04-27T02:14:41+00:00","breadcrumb":{"@id":"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fireweedmetals.com\/fireweed-zinc-upsizes-private-placement\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fireweedmetals.com\/"},{"@type":"ListItem","position":2,"name":"FIREWEED ZINC UPSIZES PRIVATE PLACEMENT"}]},{"@type":"WebSite","@id":"https:\/\/fireweedmetals.com\/#website","url":"https:\/\/fireweedmetals.com\/","name":"Fireweed Metals","description":"CRITICAL METALS FOR PRESENT AND FUTURE GENERATIONS","publisher":{"@id":"https:\/\/fireweedmetals.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fireweedmetals.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fireweedmetals.com\/#organization","name":"FIREWEED ZINC LTD.","url":"https:\/\/fireweedmetals.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fireweedmetals.com\/#\/schema\/logo\/image\/","url":"https:\/\/fireweedmetals.com\/wp-content\/uploads\/2022\/04\/staked.png","contentUrl":"https:\/\/fireweedmetals.com\/wp-content\/uploads\/2022\/04\/staked.png","width":3217,"height":1562,"caption":"FIREWEED ZINC LTD."},"image":{"@id":"https:\/\/fireweedmetals.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/fireweedzinc","https:\/\/www.linkedin.com\/company\/fireweed-zinc-ltd\/"]},{"@type":"Person","@id":"https:\/\/fireweedmetals.com\/#\/schema\/person\/7e98281f156aed61639e9e1916c4e464","name":"Moira","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fireweedmetals.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9057e853154bc5e5a0ed4b5918052127826c26eb4bba51b49a472a0f8eec35ce?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9057e853154bc5e5a0ed4b5918052127826c26eb4bba51b49a472a0f8eec35ce?s=96&d=mm&r=g","caption":"Moira"},"url":"https:\/\/fireweedmetals.com\/author\/moira\/"}]}},"_links":{"self":[{"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/posts\/880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/comments?post=880"}],"version-history":[{"count":0,"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/posts\/880\/revisions"}],"wp:attachment":[{"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/media?parent=880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/categories?post=880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/tags?post=880"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/post_folder?post=880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}