Fireweed Zinc Ltd (TSX-V:FWZ) has announced that it will now operate and market itself as Fireweed Metals Corp in a rebranding and transitioning exercise to reflect its emergence as a leading critical minerals company.
The company said it has launched a redesigned website with new content, and will formally adopt the new name when regulatory approvals are received, including from the TSX Venture Exchange.
"Fireweed has quickly grown into much more than a zinc company. The purpose of this rebranding and the new website is to reflect that we are now a leading critical minerals company,” Fireweed CEO Brandon Macdonald said in a statement.
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“Our projects host major deposits of zinc and tungsten, each with unique supply dynamics and compelling demand growth,” he added.
Macdonald noted that Fireweed’s flagship Macmillan Pass Project is one of the largest undeveloped zinc projects in the world, while its recently acquired Mactung Project is one of the world's largest and highest-grade tungsten deposits.
To the north, the company has also recently acquired the Gayna River zinc-gallium-germanium project.
“All our projects are in the safe jurisdiction of Canada. With both zinc and tungsten being designated as critical minerals by Canada, the US, and the EU, Fireweed is positioned to be a significant critical minerals player on the world stage and to help enable the transition to a sustainable low-carbon economy," Macdonald added.
As part of the rebranding exercise, Fireweed has launched a redesigned website, www.FireweedMetals.com, that will have new content released regularly.
“Fireweed's ambition is to have industry-leading data transparency, and will be working towards that goal in the coming months,” it said.
The name change was approved by a special resolution at the Annual General and Special Meeting of shareholders held on May 25, 2022, as well as by the board of directors, the company said.
Upon receipt of regulatory approvals, Fireweed will continue to trade under the same symbols on stock exchanges - TSXV: FWZ; OTCQB: FWEDF; FSE:20F - but under a new CUSIP number, and the number of shares outstanding will not change, it added.
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