Fredonia Mining Inc.

Fredonia Mining Inc. is pleased to announce the closing of its previously announced non-brokered private placement, consisting of a total of 17,554,480 units of the Company , at a price of $0.05 per Unit for aggregate gross proceeds to the Company of $877,724 . 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 Company [...]

Jan. 25, 2024 -- Fredonia Mining Inc. is pleased to announce that it intends to increase the size of its previously announced non-brokered private placement offering . The Company now expects to issue up to 18,000,000 units at a price of $0.05 per Unit for total gross proceeds of up to $900,000. Each Unit will comprise one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant will be [...]

Jan. 17, 2024 -- Fredonia Mining Inc. announces it has amended the terms its previously announced proposed private placement financing such that the Offering will consist of the sale of approximately 10,000,000 units at a price of $0.05 per Unit for total proceeds of approximately $500,000. Each Unit will comprise one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant will be [...]

Jan. 15, 2024 -- Fredonia Mining Inc. announces it intends to complete a proposed private placement financing for total proceeds of approximately $500,000, consisting of 10,000,000 common shares of the Company at a price of $0.05 per Common Share. The net proceeds from the Offering are intended to be used for working capital and general corporate purposes. The Offering is expected to close on or about January 23, 2024 [...]

The Northern Monserrat sector comprises a series of targets including Main Veins, Bajo Pedernal, Monserrat West, Abanico, Gladys, Entrevero, Monserrat East, among others, within our flagship El Dorado Monserrat gold-silver project , located 17 km west of the multi-million oz. producing Cerro Vanguardia gold mine run by AngloGold Ashanti.1 The new drilling confirms shallow Au-Ag mineralization at the Main Veins target and [...]

Fredonia Mining Inc. is pleased to announce that it has granted stock options to directors and officers of the Company to purchase a total of 2,750,000 common shares at a price of $0.12 per common share, in the allocations and to the persons identified in the table below. Name Options Granted Ali Mahdavi 1,000,000 Estanislao Ricardo Auriemma 1,000,000 Ricardo Auriemma 250,000 Michael Doolan 250,000 Waldo Perez 250,000 The [...]

A wide hydrothermal breccia was intercepted in HDDH047, more than 200 meters below the surface, demonstrating the deepest mineralization reached thus far at Herradura Hill. HDDH047 intercepted significant gold mineralization at 269 meters, including 8.00 m @ 6.00 g/t Au Eq., including 3.00 m @ 12.65 g/t Au Eq. Broad intervals with stockworks and multiple high-grade gold veins in HDDH045 extend the gold mineralization to [...]

Fredonia Mining Inc. , is pleased to announce that it has received the remaining assays from the recently completed drilling programme at the Company's El Dorado Monserrat property, located in Santa Cruz, Argentina. As previously reported, 10 HQ diamond drill core holes were drilled at LH, with a further drill hole on the 'Gladys' prospect, 4.5 km to the northwest. In total 11 holes were drilled for 2,482.80m. "We are [...]

Fredonia Mining Inc. is pleased to announce it has continued from the Province of Alberta to the Province of Ontario pursuant to a resolution passed by shareholders of the Company at the Company's Annual General and Special Meeting held on October 12, 2021. The Continuance was made effective as of September 16, 2022. Copies of the Articles of Continuance and Ontario by-laws of the Company will be made available on the [...]

Fredonia Mining Inc. , is pleased to announce the completion of a further drilling program at its El Dorado Monserrat property, located in Santa Cruz, Argentina. 10 HQ diamond drill core holes were drilled at the La Herradura prospect, with a further drill hole on the 'Gladys' prospect, 4.5 km to the north west. In total 11 holes were drilled for 2,482.80m. "We are extremely pleased and encouraged with the continuity of [...]