- FireFox Gold Corp. (FFOX) has announced a $2,500,000 non-brokered private placement
- The offering will consist of up to 25,000,000 units priced at $0.10 per unit
- Proceeds from the offering will be used for exploration work on FireFox’s Mustajärvi project in Finland
- FireFox Gold Corp is a gold discovery company
- Firefox Gold Corp. opened at $0.105 per share
FireFox Gold Corp. (FFOX) intends to raise up to $2,500,000 by way of a non-brokered private placement.
The offering will consist of up to 25,000,000 units priced at $0.10 per unit. Each unit will consist of one common share and one common share purchase warrant. Each warrant will be exercisable to acquire one additional common share at an exercise price of $0.15 for two years following the closing of the offering.
All shares issued will be subject to a statutory four-month hold period.
Proceeds from the offering will be used for the spring drilling program and other exploration work on FireFox’s Mustajärvi project in Finland.
The offering will close on or about March 23, 2023.
FireFox Gold Corp is a gold discovery company engaged in the exploration and development of gold properties in Finland.
Firefox Gold Corp. (FFOX) opened at $0.105 per share.