Fireweed Metals Corp. announces the granting of 3,673,600 stock options to employees and directors, exercisable at $3.14 per share for a five-year term. Fireweed, focused on critical metals exploration in Northern Canada, owns the Macpass District, including the Macpass and Mactung projects. The release includes forward-looking statements.
/CNW/ - FIREWEED METALS CORP. announces that it is granting, pursuant to its stock option plan, a total of 3,673,600 stock options to certain employees and directors, exercisable at a price of $3.14 per share for a five-year term.
Fireweed is an exploration company focused on unlocking value in a new critical metals district located in Northern Canada. Fireweed is 100% owner of the Macpass District, a large and highly prospective 985 kmland package. The Macpass District includes the Macpass zinc-lead-silver project and the Mactung tungsten project. A Lundin Group company, Fireweed is strongly positioned to create meaningful value. Fireweed trades on the TSX Venture Exchange under the trading symbol"FWZ", on the OTCQX Best Market under the symbol"FWEDF", and on the Frankfurt Stock Exchange under the trading symbol"M0G".Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.This news release contains"forward-looking" statements and information . All statements, other than statements of historical facts, included herein, including, without limitation, statements relating to interpretation of drill results, targets for exploration, potential extensions of mineralized zones, future work plans, the use of funds, and the potential of the Company's projects, are forward looking statements. Forward-looking statements are frequently, but not always, identified by words such as"expects","anticipates","believes","intends","estimates","potential","possible", and similar expressions, or statements that events, conditions, or results"will","may","could", or"should" occur or be achieved. Forward-looking statements are based on the beliefs of Company management, as well as assumptions made by and information currently available to Company management and reflect the beliefs, opinions, and projections on the date the statements are made. Forward-looking statements involve various risks and uncertainties and accordingly, readers are advised not to place undue reliance on forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include but are not limited to, exploration and development risks, unanticipated reclamation expenses, expenditure and financing requirements, general economic conditions, changes in financial markets, the ability to properly and efficiently staff the Company's operations, the sufficiency of working capital and funding for continued operations, title matters, First Nations relations, operating hazards, political and economic factors, competitive factors, metal prices, relationships with vendors and strategic partners, governmental regulations and oversight, permitting, seasonality and weather, technological change, industry practices, uncertainties involved in the interpretation of drilling results and laboratory tests, and one-time events. The Company assumes no obligation to update forward‐looking statements or beliefs, opinions, projections or other factors, except as required by law.CHARTS: New study shows global mining is now a brownfield industry The rise of brownfield mining and the fall in grassroots exploration is reshaping global mineral supply with the early 2020s marked as turning point.The company declared force majeure on its Indonesian shipments in late September, estimating output would be curbed well into 2026.Copper production halted at strike-hit Capstone mine in ChileThe stock jumped more than 30% by noon on Tuesday after The Metals Co. became the first to seek Washington's approval to mine the seabed.China’s bumper silver exports belie market fears of curbs China shipped around 5,100 tons of silver overseas last year, the highest volume of exports in at least 16 years.
Fireweed Metals Stock Options Mining Exploration Macpass District
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