FIREFOX GOLD CORP - FFOXF STOCK NEWS

FireFox Gold Corp. has successfully completed the first tranche of a non-brokered private placement, raising $486,000 by issuing 4,860,000 units at $0.10 per unit. Each unit includes one common share and one-half warrant, with full warrants exercisable at $0.18 for two years. Proceeds will fund general working capital and drilling on the Mustajärvi project. A second tranche is expected to be completed by October 21, 2022.

Directors and insiders purchased 250,000 units, relying on exemptions from minority shareholder approval.

FireFox Gold Corp. (TSX.V:FFOX)(OTCQB:FFOXF) plans to raise up to $1,000,000 through a non-brokered private placement, offering up to 10,000,000 units at $0.10 each. Each unit comprises one common share and one-half warrant, exercisable at $0.18 for two years. Proceeds will fund exploration at the Mustajärvi project and other properties in Finland. The private placement is expected to close around September 30, 2022, and shares will have a four-month hold period.

FireFox Gold Corp. (FFOXF) has reported significant findings from its recent drill program at the Mustajärvi Gold Project in Finland. Notably, drill hole 22MJ006 revealed a 13.85-meter high-grade interval with an impressive average of 14.39 g/t gold, peaking at 439 g/t in one sample. The presence of coarse gold was confirmed, highlighting the project's potential. Quality assurance protocols have yielded consistent assay results, supporting the reliability of the findings. The company is eager to continue exploring this promising mineralization and understands the geological complexities involved.

FireFox Gold Corp. announced final results from its 2021-2022 drilling program at the Mustajärvi Gold Project in Finland, revealing significant gold mineralization in the last two drill holes (22MJ017 and 22MJ018). Hole 22MJ018 returned multiple notable intercepts, including 11.6m at 5.06 g/t gold. Overall, six holes have intersected over 90 gram-metres of gold mineralization across various target areas. The successful program has strengthened the understanding of the mineralization's structure, prompting plans for more drilling in Q4 2022.

FireFox Gold Corp. has reported promising results from its 2022 core drilling program at the Mustajärvi Gold Project in Finland. Notably, drill hole 22MJ015 encountered 1 metre averaging 46.93 g/t gold, while 22MJ016 recorded 1.15 metres at 4.4 g/t gold. Additional encouraging results were found in the Gabbro Target with elevated gold grades. The drilling program comprised 23 diamond drill holes totaling 4,624 metres. FireFox continues to explore its expansive mineral system, which has potential beyond 2.0 km.

FireFox Gold Corp. (FFOXF) has completed a share issuance in exchange for drilling services rendered by Oy Kati Ab Kalajoki. A total of 1,056,997 common shares were issued at a value of $0.15 per share, settling invoices worth $158,549. The shares are subject to a four-month hold period ending on November 19, 2022, pending final acceptance from the TSX Venture Exchange. FireFox continues to explore gold in Finland, a top mining jurisdiction, since 2017.

FireFox Gold reported significant results from its 2022 drilling program at the Mustajärvi Gold Project in Finland. Notably, hole 22MJ006 revealed a 13.85-meter interval averaging 14.39 g/t gold, marking the highest grade yet at the site. Overall, 19 diamond drill holes totaling 2,930 meters have been completed. The East Target continues to demonstrate high-grade gold potential, with results pending from additional holes. Meanwhile, no significant gold was found in seven drill holes at the Sarvi Project. FireFox emphasizes that mineralization remains open along strike at Mustajärvi.

FireFox Gold Corp. has completed the second tranche of its non-brokered private placement, raising an additional $50,000 to total gross proceeds of $502,010. The final tranche involved issuing 357,143 units at <$0.14 each, with warrants exercisable at $0.21 for two years. Proceeds will be used for general corporate purposes, working capital, and exploration in Finland, a top mining jurisdiction. Additionally, $2,520 will be paid in finders fees, along with 15,000 finders warrants.

FireFox Gold Corp. announced the completion of the first tranche of its non-brokered private placement, raising $452,010 by issuing 3,228,643 units at $0.14 per unit. Each unit comprises one common share and a warrant exercisable at $0.21 for two years. The funds will support general corporate purposes and exploration in Finland, a prime mining jurisdiction. Related party transactions involved insiders acquiring 387,143 units. The second tranche is expected to close before July 14, 2022.