FireFox Gold Corp. today announced that it closed a non-brokered private placement of 22,507,840 units of the Company at a purchase price of $0.075 per Unit, for total gross proceeds of $1,688,088 . Concurrent with the Private Placement, FireFox, together with its wholly-owned subsidiary FireFox Gold Oy, entered into an earn-in agreement , pursuant to which FireFox Gold Oy granted a subsidiary of
Agnico Eagle Mines Ltd. the right to earn an interest in the Kolho properties located in northern Finland . Patrick Highsmith, Chairman of FireFox commented on the transactions, "We are excited to form this alliance with Agnico Eagle. Not only does the strategic investment recognize the potential of our more advanced projects, such as Mustajärvi, but the option agreement a...