09:06 AM EST, 03/03/2025 (MT Newswires) -- Nemesia, a company controlled by trusts settled by the late Adolf H. Lundin, on Monday said it bought 11.7 million common shares of Fireweed Metals ( FWEDF ) at $1.50 apiece for $17.5 million.

Nemesia now holds 45.4 million common shares or about 25% of the issued and outstanding common shares of Fireweed Metals ( FWEDF ).

Shares of Fireweed closed down $0.040 or 2.5%, to $1.550 on Friday on the TSX Venture Exchange.