Fireweed Zinc Announces U.S. Listing on OTCQB Under the Symbol “FWEDF”

VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) -- FIREWEED ZINC LTD. (“Fireweed” or the “Company”) (OTCQB:FWEDF & TSXV: FWZ) is pleased to announce that it has been approved to commence trading in the USA on the OTCQB Venture Market (the "OTCQB") beginning today, November 29, 2021, under the symbol “FWEDF”. Quotes for Fireweed’s US symbol will be available once the Company’s stock commences trading today on the OTCQB at www.otcmarkets.com/stock/FWEDF/quote. Fireweed also continues to trade on the TSX Venture Exchange (“TSXV”) in Canada under the symbol “FWZ”.

Brandon Macdonald, CEO, stated, “This listing on the OTCQB will help introduce Fireweed to a wider audience in the U.S. and in doing so improve overall liquidity. Combined with our primary listing on the TSX-Venture Exchange and our listing on the Frankfurt Stock Exchange we are well positioned to attract investors globally.”

The OTCQB, operated by the OTC Markets Group in New York, is the premiere marketplace for early stage and developing U.S. and international companies. Participating companies must be current in their financial reporting and undergo an annual verification and management certification process, including meeting a minimum bid price and other financial conditions. With more compliance and quality standards, the OTCQB provides investors improved visibility to enhance trading decisions. The OTCQB is recognized by the United States Securities and Exchange Commission (“SEC”) as an established public market providing public information for analysis and value of securities.

About Fireweed Zinc Ltd. (TSXV: FWZ): Fireweed Zinc is a public mineral exploration company focused on zinc-lead-silver and managed by a veteran team of mining industry professionals. The Company is advancing its district-scale 940 km² Macmillan Pass Project in Yukon, Canada, which is host to the 100% owned Tom and Jason zinc-lead-silver deposits with current Mineral Resources and a PEA economic study (see Fireweed news releases dated January 10, 2018, and May 23, 2018, respectively, and reports filed on www.sedar.com for details) as well as the Boundary Zone, Tom North Zone and End Zone which have significant zinc-lead-silver mineralization drilled but not yet classified as mineral resources. The project also includes large blocks of adjacent claims (MAC, MC, MP, Jerry, BR, NS, Oro, Sol, Ben, and Stump) which cover exploration targets in the district where previous and recent work identified zinc, lead and silver prospects, and geophysical and geochemical anomalies in prospective host geology.