FireFox Gold Completes First Tranche of Private Placement

FireFox Gold Corp, listed on TSXV under FFOX, has successfully closed the first tranche of its non-brokered private placement, raising $3,789,100. This follows the initial announcement on July 15, 2025. The company sold 94,727,500 units at $0.04 each. This funding marks a significant step towards achieving their $7 million goal by mid-August 2025.

Each unit comprises a common share and a purchase warrant, exercisable at $0.06 within three years. These shares will hold a statutory period as per Canadian securities legislation. The TSX Venture Exchange must provide final approval for the placement's completion.

The capital raised will fund mineral exploration in northern Finland. The share consolidation plan is set for August 15, 2025, subject to TSXV confirmation. Additionally, $88,186 in cash and finders warrants have been issued to qualified finders.