on FireFox Gold Corp (NASDAQ:FFOXF)
FireFox Gold Corp Expands Private Placement to $7.1 Million
FireFox Gold Corp announced an increase in its private placement to raise $7,100,000. The company aims to issue 11,833,333 units at $0.60 per unit. Each unit includes one common share and a warrant exercisable for $0.90. This decision follows strong investor interest.
The funds will support drilling and exploration at FireFox's Mustajärvi and Sarvi projects in Finland. The company plans to continue drilling through winter. The offering closure is targeted for June 9, 2026, pending regulatory approvals.
Insiders, including directors, are expected to participate in the offering. Certain parties introducing investors will receive a finder's fee. The full offering is compliant with applicable securities regulations and subject to a four-month holding period.
R. H.
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