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
Fireweed exercises option, plans raising

Fireweed exercises option, plans raising

Fireweed substantially increased the 2007 resource base in an update for the Tom and Jason zones last month.  The company said it would make the final payment of C$750,000 (US$600,000) and issue more...

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