{"id":894,"date":"2020-09-04T02:28:00","date_gmt":"2020-09-04T02:28:00","guid":{"rendered":"https:\/\/fireweedmetals.co\/?p=894"},"modified":"2022-04-27T02:29:25","modified_gmt":"2022-04-27T02:29:25","slug":"fireweed-zinc-closes-2-065-million-private-placement","status":"publish","type":"post","link":"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/","title":{"rendered":"FIREWEED ZINC CLOSES $2.065 MILLION PRIVATE PLACEMENT"},"content":{"rendered":"\n<p><strong>Vancouver, British Columbia:&nbsp;<\/strong>FIREWEED ZINC LTD. (\u201c<strong>Fireweed<\/strong>\u201d or the \u201c<strong>Company<\/strong>\u201d) (TSXV: FWZ) is pleased to announce closing of its non-brokered private placement (the \u201c<strong>Offering<\/strong>\u201d) announced August&nbsp;26, 2020 for gross proceeds of CAD$2.065 million. The Offering consists of 3,277,293 common shares of the Company at a price of CAD$0.63 per share (\u201c<strong>Common Shares<\/strong>\u201d) with a half two-year warrant exercisable at CAD$0.95 per share for gross proceeds of CAD$2,064,695.<\/p>\n\n\n\n<p>The proceeds from the Offering will be used for exploration and development of the Company\u2019s Macmillan Pass Project in Yukon, Canada, and for general working capital purposes.<br><br>The Offering remains subject to approval of the TSX Venture Exchange. All securities issued under the Offering will be subject to a statutory hold period of four months plus a day following the date of closing. The Company will pay finders fees in compliance with the policies of the TSX Venture Exchange and applicable securities legislation, to arm\u2019s length finders in connection with subscriptions from subscribers introduced by them, totaling $89,586 and 142,200 warrants. All finder\u2019s warrants are exercisable for 12 months from the date of issuance to acquire common shares of the Company at an exercise price of $0.70 per share.<\/p>\n\n\n\n<p><strong>About Fireweed Zinc Ltd. (TSXV: FWZ):<\/strong>&nbsp;Fireweed Zinc is a public mineral exploration company focused on zinc-lead-silver and managed by a veteran team of mining industry professionals. The Company is advancing its district-scale 544 km<sup>2<\/sup>&nbsp;Macmillan Pass Project in Yukon, Canada, which is host to one of the largest undeveloped zinc-lead-silver resources in the world. The 100% owned Tom and Jason deposits have current Mineral Resources (11.21MT of 6.59% zinc, 2.48% lead &amp; 21.33g\/t silver Indicated plus 39.47MT of 5.84% zinc, 3.14% lead and 38.15g\/t silver Inferred) and a PEA economic study (see Fireweed news releases dated January 10, 2018, and May 23, 2018, respectively, and reports filed on&nbsp;<a>www.sedar.com<\/a>&nbsp;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 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.<\/p>\n\n\n\n<p>Additional information about Fireweed Zinc and its Macmillan Pass Zinc-Lead-Silver Project can be found on the Company\u2019s website at&nbsp;<a>www.FireweedZinc.com<\/a>&nbsp;and at&nbsp;<a>www.sedar.com<\/a>.<br><strong>ON BEHALF OF FIREWEED ZINC LTD.<\/strong><\/p>\n\n\n\n<p><em>\u201c<\/em><em><strong>Brandon Macdonald<\/strong><\/em><em>\u201d<\/em><br>CEO &amp; Director<br><em>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":"<p>Vancouver, British Columbia:&nbsp;FIREWEED ZINC LTD. (\u201cFireweed\u201d or the \u201cCompany\u201d) (TSXV: FWZ) is pleased to announce closing of its non-brokered private placement (the \u201cOffering\u201d) announced August&nbsp;26, 2020 for gross proceeds of CAD$2.065 million. The Offering consists of 3,277,293 common shares of the Company at a price of CAD$0.63 per share (\u201cCommon Shares\u201d) with a half two-year [&hellip;]<\/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-894","post","type-post","status-publish","format-standard","hentry","category-7"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FIREWEED ZINC CLOSES $2.065 MILLION 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-closes-2-065-million-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 CLOSES $2.065 MILLION PRIVATE PLACEMENT - Fireweed Metals\" \/>\n<meta property=\"og:description\" content=\"Vancouver, British Columbia:&nbsp;FIREWEED ZINC LTD. (\u201cFireweed\u201d or the \u201cCompany\u201d) (TSXV: FWZ) is pleased to announce closing of its non-brokered private placement (the \u201cOffering\u201d) announced August&nbsp;26, 2020 for gross proceeds of CAD$2.065 million. The Offering consists of 3,277,293 common shares of the Company at a price of CAD$0.63 per share (\u201cCommon Shares\u201d) with a half two-year [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/\" \/>\n<meta property=\"og:site_name\" content=\"Fireweed Metals\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-04T02:28:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-27T02:29:25+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-closes-2-065-million-private-placement\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/\"},\"author\":{\"name\":\"Moira\",\"@id\":\"https:\/\/fireweedmetals.com\/#\/schema\/person\/7e98281f156aed61639e9e1916c4e464\"},\"headline\":\"FIREWEED ZINC CLOSES $2.065 MILLION PRIVATE PLACEMENT\",\"datePublished\":\"2020-09-04T02:28:00+00:00\",\"dateModified\":\"2022-04-27T02:29:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/\"},\"wordCount\":454,\"publisher\":{\"@id\":\"https:\/\/fireweedmetals.com\/#organization\"},\"articleSection\":[\"2020\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/\",\"url\":\"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/\",\"name\":\"FIREWEED ZINC CLOSES $2.065 MILLION PRIVATE PLACEMENT - Fireweed Metals\",\"isPartOf\":{\"@id\":\"https:\/\/fireweedmetals.com\/#website\"},\"datePublished\":\"2020-09-04T02:28:00+00:00\",\"dateModified\":\"2022-04-27T02:29:25+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fireweedmetals.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FIREWEED ZINC CLOSES $2.065 MILLION 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 CLOSES $2.065 MILLION 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-closes-2-065-million-private-placement\/","og_locale":"en_US","og_type":"article","og_title":"FIREWEED ZINC CLOSES $2.065 MILLION PRIVATE PLACEMENT - Fireweed Metals","og_description":"Vancouver, British Columbia:&nbsp;FIREWEED ZINC LTD. (\u201cFireweed\u201d or the \u201cCompany\u201d) (TSXV: FWZ) is pleased to announce closing of its non-brokered private placement (the \u201cOffering\u201d) announced August&nbsp;26, 2020 for gross proceeds of CAD$2.065 million. The Offering consists of 3,277,293 common shares of the Company at a price of CAD$0.63 per share (\u201cCommon Shares\u201d) with a half two-year [&hellip;]","og_url":"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/","og_site_name":"Fireweed Metals","article_published_time":"2020-09-04T02:28:00+00:00","article_modified_time":"2022-04-27T02:29:25+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-closes-2-065-million-private-placement\/#article","isPartOf":{"@id":"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/"},"author":{"name":"Moira","@id":"https:\/\/fireweedmetals.com\/#\/schema\/person\/7e98281f156aed61639e9e1916c4e464"},"headline":"FIREWEED ZINC CLOSES $2.065 MILLION PRIVATE PLACEMENT","datePublished":"2020-09-04T02:28:00+00:00","dateModified":"2022-04-27T02:29:25+00:00","mainEntityOfPage":{"@id":"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/"},"wordCount":454,"publisher":{"@id":"https:\/\/fireweedmetals.com\/#organization"},"articleSection":["2020"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/","url":"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/","name":"FIREWEED ZINC CLOSES $2.065 MILLION PRIVATE PLACEMENT - Fireweed Metals","isPartOf":{"@id":"https:\/\/fireweedmetals.com\/#website"},"datePublished":"2020-09-04T02:28:00+00:00","dateModified":"2022-04-27T02:29:25+00:00","breadcrumb":{"@id":"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fireweedmetals.com\/fireweed-zinc-closes-2-065-million-private-placement\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fireweedmetals.com\/"},{"@type":"ListItem","position":2,"name":"FIREWEED ZINC CLOSES $2.065 MILLION 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\/894","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=894"}],"version-history":[{"count":0,"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/posts\/894\/revisions"}],"wp:attachment":[{"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/media?parent=894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/categories?post=894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/tags?post=894"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/fireweedmetals.com\/wp-json\/wp\/v2\/post_folder?post=894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}