Firefox GOLD Announces Shares FOR Services Transaction
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FIREFOX GOLD ANNOUNCES SHARES FOR SERVICES TRANSACTION
VANCOUVER, BC, October 21, 2019 – FireFox Gold Corp. ("FireFox" or the "Company") (TSXV: "FFOX")
announces that the Company has entered into an agreement for services (the " Agreement") with Oy Kati Ab
Kalajoki ("Kati"), an arm's length party, pursuant to which the Company will issue common shares of the
Company in full satisfaction of ongoing drilling services (the "Services") provided by Kati in Northern
Finland (the "Shares for Services").
Under the Agreement, t he deemed price of the common shares to be issued is to be calculated using the
closing price of the Company's common shares on the first trading day after the last date on each invoice in
which Services are provided to the Company.
The Company has receive d invoices from Kati for work performed to September 27, 2019 and has issued
565,100 common shares with a value of approximately $0.16 per share in settlement of invoices totaling
$89,597. Future issuances of shares are anticipated under the Agreement prior to December 31, 2019.
The securities will be subject to a four month hold period , expiring February 22, 2020 . The Shares for
Services arrangement is subject to the final acceptance of the TSX Venture Exchange . Conditional
acceptance for the share issuance has been granted.
About FireFox Gold Corp.
FireFox Gold Corp is listed on the TSX Venture stock exchange under the ticker symbol FFOX. The Company
is focused entirely on gold exploration in Finland where it is exploring its project portfolio that includes
over 150,000 hectares of prospective ground.
Finland is one of the top mining investment jurisdictions in the world as indicated by its multiple top -10
rankings in recent Fraser Institute Surveys of Mining Companies. Having a strong mining law and long
mining tradition, Finland remains underexplor ed 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
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
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 current drill program, including the expected number, d epth, location, and direction
of the drill holes; the timing of assay results; and possible extensions of mineraliza tion along with its thickness and
quality. Although we believe the expectations reflected in our forward looking statements are reasonable, results may
vary. The forward-looking statements contained in this press release represent the expectations of FireF ox 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 proje cts 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.