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General mining & base metals

Fireweed Metals says it is well financed and ready for 2023 after banner year

Fireweed Metals Corp (TSX-V:FWZ, OTCQB:FWEDF) said 2022 has been a banner year for the company and, with financing in place, 2023 is set to be even bigger.

In a review of its 2022 accomplishments, the company highlighted its raising of around $49 million - $13 million in January and $35 million in December - and its name change from Fireweed Zinc Ltd to Fireweed Metals to reflect its growth into a leading critical minerals project development company with multi-commodity exposure beyond zinc.

Fireweed Metals CEO Brandon Macdonald noted that these were extraordinary times for the company.

READ: Fireweed Metals welcomes Lundin Family as major cornerstone shareholder as it closes C$35M upsized placing

“The list of accomplishments in 2022 is exceptional and includes the biggest drill program in the history of the company, the best hole ever drilled on the [Macmillan Pass] property, acquisition of one of the largest and highest-grade tungsten deposits in the world as well as a second large zinc project, closing of two major financings, and, most significantly, we welcomed the Lundin Family as a cornerstone shareholder,” he said in the end-of-year update.

“We look forward to 2023 which will see our biggest-ever work program to advance the Macmillan Pass project," Macdonald added.

The full statement can be found here.

Fireweed Metals is a public mineral exploration company on the leading edge of critical minerals project development.

Contact the author at emily.jarvie@proactiveinvestors.com

Follow her on Twitter @emilyjjarvie

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