Fireweed Zinc Ltd. is pleased to announce that drilling has started on the 100% owned 544 km2 Macmillan Pass Zinc-Lead-Silver Project in Yukon, Canada. This is in addition to the field work already in progress on the property since July that includes geophysical, geochemical, and geological work. Highlights Two core drills have begun drilling at Boundary Zone Most drilling this season will be at Boundary Zone, further [...]
Fireweed Zinc Ltd. is pleased to announce a non-brokered private placement for gross proceeds of up to CAD$2.0 million. The Offering will consist of up to 3,174,603 common shares of the Company at a price of CAD$0.63 per share with a half two-year warrant exercisable at CAD$0.95 per share. Fireweed CEO Brandon Macdonald stated, “We welcome the additional demand from strong investors and are glad to add more to our already [...]
Fireweed Zinc Ltd. is pleased to announce the appointment of Mr. Marcus Chalk to the Board of Directors. Mr. Chalk has over 25 years experience as a leading strategic and capital markets advisor in the global metals and mining industry. Prior to founding GenCap Mining Advisory in May 2020, he spent the past 14 years leading the Vancouver mining investment banking team at Scotiabank. Prior to that, he was at Macquarie [...]
Fireweed Zinc Ltd. is pleased to announce that exploration work is ramping up on the Macmillan Pass Zinc Project in Yukon, Canada. Highlights The first core drill will arrive on site next week and a second drill will arrive shortly after Most drilling will be at Boundary Zone, further testing the wide, high-grade mineralization intersected in 2019 New discovery targets will also be drilled, including 240 Mile Target [...]
Fireweed Zinc Ltd. is pleased to announce that it is accelerating and exercising three property option agreements to acquire 100% interest in its Macmillan Pass Zinc-Lead-Silver Project. A map of the acquired properties is attached to this news release. CEO Statement Brandon Macdonald, CEO, stated, “Our Macmillan Pass property is host to one of the largest undeveloped zinc resources in the world but it also covers [...]
Fireweed Zinc Ltd. is pleased to announce closing of the non-brokered private placement announced July 15, 2020 for total gross proceeds of CAD$5.2 million. Highlights $5.2 million Offering over-subscribed Insiders, namely Directors, Management, and their proxies, participated for a total of 521,697 Units plus 76,961 Flow Through Shares in the financing to add to their holdings Financing will provide Fireweed with capital [...]
Fireweed Zinc Ltd. is pleased to announce that its previously announced financing has been oversubscribed due to strong investor interest, and the non-brokered private placement has been increased to aggregate gross proceeds of up to $4.9 million. The Offering will now consist of three parts for gross proceeds of up to CAD$4,889,600 as follows: 2,970,000 common shares of the Company at a price of CAD$0.53 per share with a [...]
Fireweed Zinc Ltd. is pleased to announce a non-brokered private placement for gross proceeds of up to CAD$3.5 million. Fireweed CEO Brandon Macdonald stated, “Last year we drilled the best holes ever at Boundary including 100 metres of 7.94% zinc from surface including 6.4 metres of 42.88% zinc. With this financing we can now drill to further test the high grade and extensions of the zone as we start to outline a [...]
Fireweed Zinc Ltd. is pleased to provide details of exploration targets for the 2020 program at the Macmillan Pass Zinc Project in Yukon, Canada and announces stock option grants. The Company will hold an online townhall presentation with CEO Brandon Macdonald and Dr. Jack Milton on Tuesday, June 16th at 9 am PDT to provide details on the upcoming exploration plans and targets and will be available for questions; see [...]
Fireweed Zinc Ltd. provides details for participation in its virtual Annual General Meeting scheduled for May 28, 2020 at 10:00am . Due to the COVID-19 restrictions on public gatherings and in the best interest of the health of all participants in the Company’s AGM, the Company is holding the meeting on a virtual platform as noted in the Notice of Annual General Meeting issued April 27, 2020 and posted on www.sedar.com [...]
Fireweed Zinc Ltd. announces the appointment of Mr. Peter Hemstead, CPA, CMA to the Board of Directors and accepts the resignation of Mr. Richard Hajdukiewicz from the Board. Mr. Hemstead has over 20 years of finance experience and has a proven track record of providing strong financial leadership. He has extensive experience in financial management, corporate finance, project finance, treasury, commercial banking [...]
Fireweed Zinc Ltd. is pleased to announce that it has completed the non-brokered private placement described in its news release of March 31, 2020. In connection with the closing of the Offering, the Company will issue an aggregate of 3,807,670 units at a price of CDN$0.30 per Unit for gross proceeds of CDN$1,142,301. Each Unit consists of one common share in the capital of the Company and one whole non-transferable [...]
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