2023-08-08 13:30:53 ET
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FireFox Gold ( TSXV: FFOX:CA ) ( OTCQB:FFOXF ) said Tuesday it plans to raise $1.4 million through a non-brokered private placement.
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The company will offer 20 million units at $0.07 per unit.
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Each unit will consist of one common share and one common share purchase warrant.
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Each whole warrant will be exercisable to acquire one common share at $0.10 per warrant share for two years following the closing of the offering.
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The proceeds will be used for the upcoming drilling program on the Mustajärvi project, general working capital, and other exploration activities.
For further details see:
FireFox Gold plans for $1.4M private placement