On April 2, 2026, the Fireweed Metals Corp. closed the transaction. The company issued 14,704,140 common shares at a price of CAD 4.18 for gross proceeds of CAD 61,463,305.2. The transaction included participation from by an affiliate of JX Advanced Metals Corporation (?JX?) of 11,343,294 Shares alongside participation from trusts settled by the late Adolf H. Lundin (the ?Lundin Family Trust?) for 3,360,846 Shares.

Lundin Family Trust an insider subscribed for 3,360,846 Shares and now holds approximately 51,853,509 Shares, representing approximately 22.9% of the Company?s issued and outstanding Shares on a non-diluted basis upon closing, maintaining their pro rata ownership interest prior to the Offering. The Offering was approved unanimously by the board of directors of the Company and is approved by all necessary regulatory approvals, including final acceptance of the TSX Venture Exchange.