Fire River Gold Corp. (OTCPK:FVGC.F) announced a non-brokered private placement of up to 7,142,857 units at a price of $0.14 (CAD 0.18) per unit for total proceeds of $1,000,000 (CAD 1,285,714) on February 16, 2021. Each unit will be comprised of one common share and one common share purchase warrant. Each warrant will be exercisable into a common share of the company at an exercise price of CAD 0.185 with a 24-month expiry. The shares issued in the transaction are subject to a four-month hold period from the closing date in accordance with applicable securities laws and, if required the policies of the Exchange. The company may pay finder’s fees in the transaction.