Business
Fireweed Metals Announces $61.5 Million Private Placement with Strategic Investment from JX Advanced Metals Corporation
FIREWEED METALS CORP. ("Fireweed" or the "Company") (TSXV: FWZ) (OTCQX: FWEDF), is pleased to announce a non-brokered private placement to raise gross proceeds of approximately $61.5 million, with participation from strategic investors, including JX Advanced Metals Corporation ("JX") and the Lundin Family Trusts (as defined below). Proceeds from the Offering (as defined below) will support the advancement of exploration and development activities at the Company's Macpass, Mactung, and Gayna proj
About this update from Jx Advanced Metals Corporation
[{"type":"text","content":"/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/","length":110,"tagName":"p","attribs":{}},{"type":"text","content":"TSXV: FWZOTCQX: FWEDFFSE: M0G","length":31,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, BC, March 30, 2026 /CNW/ - FIREWEED METALS CORP. ("Fireweed" or the "Company") (TSXV: FWZ) (OTCQX: FWEDF), is pleased to announce a non-brokered private placement to raise gross proceeds of approximately $61.5 million, with participation from strategic investors, including JX Advanced Metals Corporation ("JX") and the Lundin Family Trusts (as defined below). Proceeds from the Offering (as defined below) will support the advancement of exploration and development activities at the Company's Macpass, Mactung, and Gayna projects located in northern Canada, as well as ongoing planning for regional infrastructure improvements and general working capital and corporate purposes.","length":725,"tagName":"p"},{"type":"image","alt":"Fireweed Metals Corp. Logo (CNW Group/Fireweed Metals Corp.)","displaySize":"","headline":null,"caption":"Fireweed Metals Corp. Logo (CNW Group/Fireweed Metals Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":260,"height":148,"url":"https://media.zenfs.com/en/cnwgroup.com/75e3217528d7ab8deae1def63b14a9e1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/BHUEM6uHFKGLAzjkUJ6DEg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIzOQ--/https://media.zenfs.com/en/cnwgroup.com/75e3217528d7ab8deae1def63b14a9e1","width":260,"height":148}},"href":"https://mma.prnewswire.com/media/2945030/Fireweed_Metals_Corp__Fireweed_Metals_Announces__61_5_Million_Pr.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Ian Gibbs, President and CEO of Fireweed Metals, stated,","length":56,"tagName":"p"},{"type":"text","content":""JX Advanced Metals has a long track record of partnering with Lundin Group companies, and we are very pleased to further strengthen this relationship through their strategic investment in Fireweed. As a global leader in advanced materials and a key participant in the semiconductor supply chain, JX brings deep expertise in markets where high-purity materials, including tungsten, play an important role in enabling next-generation technologies. Their growin...