Fireweed Zinc (TSE:FWZ) has released an update.
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Fireweed Metals Corp. has announced an expansion of its private placement offering to C$43 million due to robust demand, which includes common shares and flow-through shares aimed at funding exploration and development in northern Canada. The offering, which will also serve general working capital needs, leverages tax incentives for investors subscribing to flow-through shares, with benefits being renounced to the purchasers by year-end.
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