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Fireweed Metals Upgrades to Trade Shares on the OTCQX Best Market
VANCOUVER, British Columbia, March 12, 2024 (GLOBE NEWSWIRE) -- FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQX: FWEDF; FSE: M0G) is pleas
About this update from Fireweed Metals Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, March 12, 2024 (GLOBE NEWSWIRE) -- FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQX: FWEDF; FSE: M0G) is pleased to announce its upgrade from the OTCQB® Venture Market to the OTCQX® Best Market (“OTCQX”), a top-tier public market in the United States. As of today, Fireweed's common shares are actively trading on OTCQX under the trading symbol \"FWEDF.\" This significant step underscores the Company's commitment to accessibility for U.S. investors, aligning with the high standards set by OTCQX. CEO Statement Brandon Macdonald, CEO, stated “Fireweed’s transition from OTCQB to OTCQX affirms the quality of our Company and projects. By being on the OTCQX platform, we've broadened accessibility to Fireweed shares, catering to a wider spectrum of investors. This is poised to enhance our shareholder base both in the U.S. and globally, amplifying our overall liquidity.” The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. About Fireweed Metals Corp. (TSXV: FWZ; OTCQX: FWEDF; FSE: M0G): Fireweed is a public mineral exploration company on the leading edge of Critical Minerals project development. Fireweed is well-funded, with a healthy balance sheet, and has three projects located in Canada: Macpass Project (Zinc-Lead-Silver): Fireweed owns 100% of the district-scale 940 km2 Macmillan Pass (“Macpass”) Project in Yukon, Canada, which is host to one of Earth’s largest undeveloped resources of zinc**, a Critical Mineral. The Tom and Jason zinc-lead-silver deposits have current Mineral Resources1 (11.21 Mt Indicated Resource at 6.59% zinc, 2.48% lead, and 21.33 g/t silver; and 39.47 Mt Inferred Resource at 5.84% zinc, 3.14% lead, and 38.15 g/t silver) and a Preliminary Economic Assessment2 (PEA). In addition, Boundary Zone, Tom North, Tom South, and End Zone have significant zinc-lead-silver mineralization drilled but not yet classified as mineral resources. The Project also includes large blocks...