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 mineral exploration company focused on discovering high-grade gold deposits in Finland's proven mining districts. This page serves as the definitive source for Firefox Gold news, providing investors with essential updates about corporate developments and exploration progress.
Access official press releases, project updates, and financial announcements in one centralized location. Our coverage includes drilling results, strategic partnerships, technical reports, and regulatory filings – all critical for informed decision-making. You'll find updates on key initiatives like the Mustajärvi trenching campaigns and Jeesiö geophysical surveys.
All content is curated to meet investor needs, featuring earnings reports, leadership changes, and exploration methodology updates. Bookmark this page to stay current with Firefox Gold's progress in Finland's mineral-rich terrains, where advanced base-of-till sampling and structural analysis drive their systematic exploration approach.
FireFox Gold Corp. (TSXV:FFOX, OTCQB:FFOXF) announced the approval of a new exploration permit covering nearly 20 km² in the Kolho Trend of Finland's Central Lapland Greenstone Belt. This permit allows mechanized work, including diamond drilling and exploration trenching. Since gaining control in 2020, FireFox applied for six exploration permits covering 122.60 km², with the Nuttio permit being the first to be approved. CEO Carl Löfberg expressed optimism about the Kolho Trend's potential for orogenic gold deposits, stating that the company has mobilized a drill rig for immediate sampling. The area shows promise due to its geological similarities with nearby significant deposits, although FireFox cautions that proximity does not guarantee mineralization. The company is focused on advancing its exploration initiatives in an underexplored region of Finland.
FireFox Gold Corp. announces the completion of the second tranche of its non-brokered private placement, raising $978,500 by issuing 9,785,000 units at $0.10 each.
Each unit consists of a common share and a warrant, exercisable at $0.15 for two years. The funds will support general corporate purposes and exploration activities in Finland.
Additionally, the Company is seeking to extend the expiry date of 8.33 million warrants issued in April 2021 to April 2024, along with a re-pricing initiative for 2.53 million warrants from $0.18 to $0.12.
FireFox Gold continues to explore its properties in Finland, leveraging the country's favorable mining conditions.
FireFox Gold Corp (TSXV:FFOX, OTCQB:FFOXF) completed the first tranche of its non-brokered private placement, raising $623,500 by issuing 6,235,000 units at $0.10 per unit. Each unit consists of one common share and a warrant exercisable at $0.15 for two years. The funds will be utilized for general corporate purposes, working capital, and exploration in Finland. Additionally, insiders acquired 500,000 units under the placement, deemed a related party transaction. FireFox will also pay $2,700 in cash finder's fees and issue 27,000 warrants.
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