And more new News ... VANCOUVER, British Columbia, Nov. 24, 2021 FIREWEED ZINC LTD. ... is pleased to announce a non-brokered private placement for gross proceeds of up to CAD$3.60 million. The Offering will consist of up to 4,500,000 flow through common shares of the Company at a price of CAD$0.80 per share.
The proceeds from the Offering will be used for exploration and development of the Company’s Macmillan Pass Project in Yukon, Canada; and specifically will be used to incur Canadian Exploration Expenses (“CEE”) that qualify as “flow-through mining expenditures” under the Income Tax Act (Canada), all of which will be renounced to investors.