Fredonia Mining Inc.

Fredonia Mining Inc. is pleased to announce that it has closed its previously announced "best efforts" private placement, pursuant to which it has issued an aggregate of 17,500,000 units of the Company at a price of C$0.40 per Unit for total gross proceeds of C$7,000,000 . Each Unit consists of one common share of the Company and one-half of one common share purchase warrant . Each Warrant entitles the holder thereof to [...]

Fredonia Mining Inc. is pleased to announce that the Company and Cormark Securities Inc. have agreed to increase the size of the previously announced "best efforts" private placement of units of the Company to aggregate gross proceeds of up to approximately C$6,000,000 . The Offering will consist of the issuance and sale of 15,000,000 Units at a price of C$0.40 per Unit . Each Unit will consist of one common share of the [...]

Fredonia Mining Inc. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. to act as sole agent for and on behalf of Fredonia in connection with a "best efforts" private placement for aggregate gross proceeds of up to approximately C$5,000,000 . The Offering will consist of the issuance and sale of 12,500,000 units of the Company at a price of C$0.40 per Unit . Each Unit will consist of [...]

Fredonia Mining Inc. announces that the Company proposes to amend the exercise price of certain outstanding common share purchase warrants and implement an early warrant exercise incentive program with respect to certain other outstanding warrants of the Company to encourage their exercise and provide proceeds for ongoing corporate development activities. The Company currently has three series of warrants outstanding, as [...]

Fredonia Mining Inc. has granted a total of 985,000 stock options of the Company to purchase a total of 985,000 common shares at a price of $0.40 per common share. 830,000 of the Options were granted to directors and officers as identified in the table below. Name Options Granted Ali Mahdavi 210,000 Estanislao Auriemma 200,000 Ricardo Auriemma 110,000 Michael Doolan 110,000 Waldo Perez 110,000 Carlos Espinosa 90,000 Each [...]

Fredonia Mining announces that it has filed a technical report for its wholly-owned El Dorado Monserrat Gold & Silver Project, pursuant to National Instrument 43-101 "Standards of Disclosure for Mineral Projects". The Technical Report supports the disclosure made by the Company in its Nov 11, 2024 news release announcing the Maiden Mineral Resource Estimate at El Dorado Monserrat Project, Argentina. The Technical Report [...]

Highlights significant potential for the Project; at a 0.40 g/t cut-off gold grade, the maiden mineral resource estimate totals: In Pit Measured & Indicated Mineral Resource: 81.348 million tonnes grading 0.61 g/t gold and 18.76 g/t silver, containing an estimated 1.593 million ounces of gold and 49.067 million ounces of silver; plus limited Inferred Mineral Resource. The estimate produces in- pit resources for the [...]

Further to its news release dated September 18, 2024, Fredonia Mining Inc. is pleased to announced that the Board of directors of the Company has approved a share consolidation at a ratio of five pre-consolidated common shares in the capital of the Company for each one post-consolidation Common Share . Shareholders of the Company approved a resolution authorizing the Board to proceed with the Consolidation at a special [...]

Fredonia Mining Inc. is pleased to announce the closing of its previously announced non-brokered private placement, consisting of a total of 33,333,333 units of the Company , at a price of $0.03 per Unit for aggregate gross proceeds to the Company of $1,000,000 . The Company did not pay any bonus, finder's fee, commission, or agency fee in connection with the Offering. Each Unit consisted of one common share of the [...]

Sept. 18, 2024 -- Fredonia Mining Inc. announces it intends to complete a proposed private placement financing for total proceeds of up to $1,000,000 consisting of 33,333,333 units of the Company at a price of $0.03 per Unit. Each Unit will comprise one common share and one common share purchase warrant . Each Warrant will be exercisable to purchase one additional common share from the Company for three years from the [...]