tiprankstipranks
Fireweed Metals Secures $43 Million in Oversubscribed Offering
Company Announcements

Fireweed Metals Secures $43 Million in Oversubscribed Offering

Fireweed Zinc (TSE:FWZ) has released an update.

Stay Ahead of the Market:

Fireweed Metals Corp. has successfully completed a significant financing round, securing $43 million, surpassing their initial target of $30 million. Major investors include the Lundin Family Trusts and individual Larry Childress, contributing to the oversubscribed private placement. The funds were raised through the sale of common shares and two types of flow-through shares, aimed at supporting the company’s growth and development projects.

For further insights into TSE:FWZ stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App