Firefox GOLD Announces Non-Brokered Private Placement and Completion of Shares FOR Services Transaction
FIREFOX GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT AND
COMPLETION OF SHARES FOR SERVICES TRANSACTION
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES
VANCOUVER, BRITISH COLUMBIA – (June 19, 202 4) – FireFox Gold Corp. (TSX.V: FFOX) ( OTCQB:
FFOXF)(“FireFox” or the “Company”) announces that it intends to raise up to $ 2,000,000 by way of a non -
brokered private placement (the “Private Placement”). The Private Placement will consist of up to 40 million
units of the Company (“Units”) at a price of $0.05 per Unit. Each Unit will consist of one common share of the
Company ("Common Share") and one full common share purchase warrant ("Warrant"), with each whole
Warrant being exercisable to acquire one common share of the Company (a “Warrant Share”) at an exercise
price of $0.08 per Warrant Share for a term of three years following the closing of the Offering.
The proceeds of the Private Placement will be used for mineral exploration and related expenditures on
FireFox’s Mustaja rvi, Jeesio , and Sarvi projects in northern Finland and general working capital. Prior to this
financing, FireFox has 175.4 million shares, 57.1 million warrants and 15.7 million options outstanding.
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 with applicable securities legislation. The Company
anticipates that the Private Placement w ill close on or about July 12, 2024. The Company expects to pay
finder’s fees in association with this financing.
The Company also announces that it has completed the previously announced issuance of shares in exchange
for advisory services (“Shares for Services”) . FireFox entered into an agreement for services with Agentis
Capital Mining Partners (" Agentis"), an arm's length party, pursuant to which the Company has now issued
490,851 common shares of the Company with a value of $0.08 per share in full satisfaction of an Agentis
invoice in the amount of $39,268.08.
These securities will also be subject to a four month hold period, expiring September 28, 2024. The Shares
for Services arrangement received final acceptance from the TSX Venture Exchange.
About FireFox Gold Corp.
FireFox Gold Corp is listed on the TSX Venture Stock Exchange under the ticker symbol FFOX. FireFox also
trades on the OTCQB Venture Market Exchange in the US under the ticker symbol FFOXF. The Company has
been exploring for gold in Finland since 2017 where it holds a huge portfolio of prospective ground.
Finland is one of the top mining investment jurisdictions in the world as indicated by its multiple to p 10
rankings in recent Fraser Institute Surveys of Mining Companies. 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, please refer to the Company’s website and profile on the SEDAR + website at
www.sedarplus.com.
On behalf of the Board of Directors,
“Carl Löfberg”
Chief Executive Officer
CONTACT:
FireFox Gold Corp.
Email: [email protected]
Telephone: +1-778-938-1994
Forward Looking Statements
The information herein 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-looking 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 industry.