Welcome to our dedicated page for Firefox Gold news (Ticker: FFOXF), a resource for investors and traders seeking the latest updates and insights on Firefox Gold stock.
FireFox Gold Corp (FFOXF) is a gold exploration company focused on projects in Finland’s Lapland Greenstone Belt, and its news flow reflects active work on multiple fronts. Company press releases highlight ongoing and planned diamond drilling, bottom-of-till (BoT) sampling, and geophysical surveys across its 100%-held Mustajärvi, Sarvi, and Jeesiö projects.
News updates frequently centre on the Mustajärvi Gold Project, where FireFox has delineated the Central, Northeast, and East Zones along more than 1.5 kilometres of strike. Recent releases describe high-grade gold drill intercepts at the East Zone, step-out holes that extend mineralization, and deeper intervals associated with fault-breccia zones. The company also reports on expanded fixed-loop electromagnetic (FLEM) surveys and BoT sampling that are generating new drill targets at areas such as Mustajärvi West, Mustajärvi East, and Pikkulehto.
Investors following FFOXF news can also track updates from the Sarvi Project, where FireFox has completed reconnaissance drilling on the Keulakko permit and continues to evaluate targets based on historical Geological Survey of Finland data, BoT sampling, and detailed magnetics. At the Jeesiö Project, news items describe upcoming ground magnetic surveys and BoT campaigns aimed at refining drill targets along a northwest-trending fault associated with high-grade rock chip samples.
In addition to technical results, FireFox’s news releases cover corporate and financing developments, including non-brokered private placements, a 10-for-1 share consolidation, stock option grants, and board or advisory changes. Readers of the FFOXF news page can use these updates to follow the company’s exploration progress, capital-raising activities, and strategic decisions across its Finnish gold portfolio.
FireFox Gold Corp. (TSX.V:FFOX) (OTCQB:FFOXF) announced a non-brokered private placement aiming to raise up to $2,000,000. The placement involves issuing up to 40 million units at $0.05 per unit. Each unit includes one common share and one common share purchase warrant, exercisable at $0.08 per share for three years. Proceeds will fund exploration projects in Finland and general working capital. As of now, FireFox has 175.4 million shares, 57.1 million warrants, and 15.7 million options outstanding. The private placement is expected to close by July 12, 2024, with a four-month hold period for issued shares. Additionally, FireFox completed a shares-for-services transaction, issuing 490,851 common shares at $0.08 each to Agentis Capital Mining Partners for advisory services, valued at $39,268.08. These shares also have a four-month hold period, expiring on September 28, 2024.
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