Fireweed Zinc Begins Trading on the TSX Venture Exchange at a Healthy Premium to the IPO – Video Available on InvestmentPitch.com

Vancouver, British Columbia–(Newsfile Corp. – June 5, 2017) – Fireweed Zinc (TSXV: FWZ) is the latest new listing on the TSX Venture Exchange, and trades under the symbol “FWZ”. The company completed an IPO through Haywood Securities, raising gross proceeds of $4,025,000 from the sales of 8,050,000 shares at a price of $0.50, including the over-allotment of 1,050,000 shares.

InvestmentPitch.com has produced a “video” which discusses this company. If this link is not enabled, please visit http://ift.tt/1h0J9Vw and enter “Fireweed Zinc” in the search box. The video is also available for viewing on YouTube. (click here)

Cannot view this video? Visit:
http://ift.tt/2rD4Qqv

The shares are trading at $0.87 and with 17.8 million shares outstanding, the company is capitalized at $15.5 million.

The company has an option to acquire 100% of the Tom and Jason project from HudBay Minerals. The Tom and Jason Project is in the MacMillan Pass area of western Yukon near the border with the Northwest Territories, approximately 400 km northeast of Whitehorse. It consists of a total of 427 claims covering 5,944 hectares, as well as a single surface lease comprising 121 hectares.

There has been a significant amount of historical exploration on the Tom and Jason properties commencing with the discovery of the Tom West Zone in 1951. Hudbay Minerals commissioned a mineral resource estimate in 2007 that reported indicated and inferred resources of zinc, lead, and silver.

The company has budgeted $700,000 for the 2017 field season, with the main objectives to upgrade the technical database so a new NI 43-101 compliant mineral resource may be estimated for both the Tom and Jason deposits and to carry out exploration work toward discovery of additional high-grade mineralization.

For more information please visit the company’s website www.fireweedzinc.com contact Brandon Macdonald, CEO, at 604-646-8360 or by email info@fireweedzinc.com.

About InvestmentPitch Media

Investmentpitch Media leverages the power of video, which together with its extensive distribution to retail, institutional and accredited investors, positions a company’s story ahead of the 1,000’s of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

CONTACT:
InvestmentPitch Media
Barry Morgan, CFO
bmorgan@investmentpitch.com

from Newsfile Corp News Releases http://ift.tt/2rDfNIG

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s