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Fireweed closes $46M brokered financing and $8.3M initial tranche of non-brokered financing

Fireweed Metals Corp. (“Fireweed”) has closed its upsized brokered private placement financing of $46 million (the “Brokered Offering”) and an $8.3 million initial tranche of its upsized non-brokered private placement financing (the “Non-Brokered Offering”), each first announced on May 8, 2025, to advance exploration and development activities at the company’s Macpass, Mactung, Gayna and North Canol Infrastructure Improvement projects located in northern Canada.

Ventum Financial Corp. as co-lead agent and sole bookrunner, alongside Haywood Securities Inc., as co-lead agent, on behalf of a syndicate including Agentis Capital Markets Limited Partnership and Cormark Securities Inc. (collectively, the “Agents”), acted as agents of the Brokered Offering

Company

Fireweed Metals Corp.

Law Firm / Organization
Owen Bird Law Corporation

Company

Ventum Financial Corp.

Financing/Investment
Mining
$ 54,300,000
Closed
28 May 2025