Firefox GOLD Announces Non-Brokered Private Placement
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES
FIREFOX GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
VANCOUVER, BC – (Oct 19, 2017) – FireFox Gold Corp. (“FireFox” or the “Company”) announces that it
intends to undertake a non-brokered private placement (the “Private Placement”) for total gross proceeds
of up to $ 1,000,000. The Private Placement will consist of up to 3,333,333 common shares of the Company
(“Shares”) at a purchase price of $0.30 per Share. It is anticipated that the p roceeds of the Private
Placement will be used for general working capital and exploration activities on FireFox’s gold exploration
properties in Finland . The Company does not intend to pay any finder ’s fees in association with this
financing.
The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four
months plus one day from the date of issuance, in accordance wi th applicable securities legislation. It is
anticipated that the Private Placement will close on or about October 31, 2017.
About FireFox Gold Corp.
FireFox is a non-listed reporting issuer in British Columbia and Alberta focused entirely on gold exploration
in Finland. The Company has entered into an option agreement with Magnus Minerals Ltd., a private
prospect generator company in Finland, through which it has an option to acquire 100% interest in three
projects (subject to a NSR royalty) that currently encompass approximately 60,000 hectares. In order to
complete the option, the Company must invest CAD $2.5 million in exploration on the properties and make
cash payments to Magnus of CAD $250,000 over a three year period (See Silverstone Resources Corp. news
release dated Aug 2, 2017).
Finland is one of the top mining jurisdictions in the world as indicated by its 5 th ranking in the 2016 Fraser
Institute Survey of Mining Compan ies. Having a strong mining law and long mining tradition, Finland
remains underexplored for gold. Recent exploration results in the country have highlighted its
prospectivity, and FireFox is proud to have a Finland based CEO and technical team.
For more information concerning the Company, please refer to the Company’s profile on the SEDAR website
at www.sedar.com
On behalf of the Board of Directors,
“Carl Lo fberg”
Chief Executive Officer
CONTACT:
FireFox Gold Corp.
Email: [email protected]
Telephone: 604-558-7687
Forward Looking Statements
The information in this news release contains forward looking statements that are subject to a number of known and
unknown risks, uncertainties and other factors that may cause actual results to differ materially from those
anticipated in our forward looki ng statements. Factors that could cause such differences include: changes in world
commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in
government and changes to regulations affecting the mining indust ry. Forward-looking statements in this release may
include statements regarding the completion of the Private Placement and the timing thereof and the use of proceeds
therefrom. Although we believe the expectations reflected in our forward looking statemen ts are reasonable, results
may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of
the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue
importance on forward -looking statements and should not rely upon this information as of any other date. FireFox
does not undertake to update this information at any particular time except as required in accordance with applicable
laws.
It should also be noted that while FireFox ’s properties are sometimes adjacent to or nearby operating or historic gold
mines or active gold projects being advanced by other companies, t he mineralization on properties nearby FireFox ’s
land packages is not necessarily indicative of mineralization on FireFox’s properties.
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DISSEMINATION DIRECTLY , OR INDIRECTLY , IN WHOLE OR IN PART , IN OR INTO THE UNITED STATES.