Finance > Capital-markets

Tom and Jason and the C$10m deal

Fireweed Zinc (CN:FWZ) has exercised its option with Hudbay Minerals (CN:HBM) to earn 100% of the Tom and Jason claims at its growing Macmillan Pass zinc-lead-silver project in Canada’s Yukon and has also announced Resource Capital Funds will take more than 50% of a planned C$10 million raising.

Staff reporter

Finance > Capital-markets

Tom and Jason and the C$10m deal

Fireweed Zinc (CN:FWZ) has exercised its option with Hudbay Minerals (CN:HBM) to earn 100% of the Tom and Jason claims at its growing Macmillan Pass zinc-lead-silver project in Canada’s Yukon and has also announced Resource Capital Funds will take more than 50% of a planned C$10 million raising.

Staff reporter

Tom and Jason and the C$10m deal

Fireweed exercises option, plans raising

Fireweed substantially increased the 2007 resource base in an update for the Tom and Jason zones last month.