FireFox Gold Corp. announced a non-brokered private placement that it has issued 19,010,000 units at a price of CAD 0.075 per unit for the gross proceeds of CAD 1,425,750 on December 20, 2023. The transaction icluded participation from new investor, Agnico Eagle Mines Limited. Each Unit was comprised of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at a price of CAD 0.10 at any time prior to December 20, 2028, subject to acceleration of the expiry date upon the occurrence of certain events. Following the private placement, Agnico Eagle owns 19,010,000 common shares and 19,010,000 warrants, representing approximately 10.9% of the issued and outstanding common shares on a non-diluted basis and 19.6% of the issued and outstanding common shares on a partially-diluted basis.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from two placees and 1 existing insider for 3,497,840 units.