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FINWIRES

FireFox Gold Announced a Non-Brokered Private Placement

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FireFox Gold (FFOX.V) plans to complete a non-brokered private placement of up to 8.5 million units at a price of $0.60 each for aggregate gross proceeds of up to $5.1 million, the company said on Friday.

Each unit is made up of one common share and one half of one common share purchase warrant. Each warrant will be exercisable for one common share at an exercise price of $0.90 and will expire three years from the closing date of the offering, it added.

It is expected that certain insiders of the company, including certain directors, will participate in the offering.

The net proceeds are expected to fund a significant drill program at the Mustajarvi Project, as well as a return to drilling at the Sarvi Project along with other exploration work, working capital and general corporate purposes.

The company expects to close the offering on or about June 3, 2026, or such other date as the company may determine. Completion of the offering is subject to certain conditions, it added.

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