Share Structure

Fireweed Zinc Ltd. trades on the TSX Venture Exchange under the symbol ‘FWZ’.
Last updated: February 1, 2018

Shares Outstanding: 17,756,3701
Options: 1,380,000 at average exercise price of $0.50
Performance Shares: 4,000,000
Warrants: 403,000 at average exercise price of $0.50
Due to Hudbay2 3,530,906
Fully Diluted: 27,070,276
CUSIP Number: 31832Q
1 7,860,000 shares under three year decreasing escrow, including all shares held by management, to be released as to 10% on Listing Date (released) with an additional 15% released every six months over a 36 month period.
2 May change if more capital is raised before option exercise.

Additional Shares equal to 15% of the number of then issued and outstanding Shares of the Company on a fully diluted basis will be issuable to Hudbay Mineral Inc. upon the date the Company exercises its property option to acquire 100% of the Tom and Jason property. The Shares issued to Hudbay will be subject to a four month hold period, and will be subject to a three year escrow restriction, to be released retroactive from the Listing Date.