RCF Opportunities Fund L.P. Announces Acquisition of Shares in Fireweed Zinc Ltd.

DENVER, CO, Feb. 26, 2018 /CNW/ - Denver, Colorado, RCF Opportunities Fund L.P. ("RCF") reports that on February 26, 2018, it acquired 1,000,000 common shares (the "Common Shares") and 3,000,000 flow-through common shares ("Flow-Through Shares" together with the Common Shares, the "Shares") of Fireweed Zinc Ltd. (the "Company") pursuant to a brokered private placement (the "Private Placement"). RCF acquired the Common Shares at a price of $1.32 per Common Share and the Flow-Through Shares at a price of $1.225 per Flow-Through Share for a total purchase price of $4,995,000.00.

Prior to the Private Placement, RCF did not own or control any Shares or securities convertible into Shares.

Immediately following the Private Placement, RCF owned a total of 4,000,000 Shares representing approximately 13.3% of the Company's issued and outstanding Shares.

RCF acquired the Shares for investment purposes. RCF may from time to time acquire additional securities, dispose of some or all of the existing or additional securities or may continue to hold the securities of the Company.

The Company's head office is located at 1020-800 W. Pender Street, Vancouver, British Columbia, V6C 2V6.

To obtain a copy of the early warning report filed under applicable Canadian securities laws in connection with the transactions hereunder, please see the Company's profile on the SEDAR website www.sedar.com.

About RCF Opportunities Fund L.P.

RCF is a private investment fund existing under the laws of the Cayman Islands. For further information and to obtain a copy of the early warning report, please contact:

SOURCE RCF Opportunities Fund L.P.

RCF Opportunities Fund L.P., 1400 Sixteenth Street, Suite 200, Denver, CO, 80202, Telephone: [phone], Attn: Molly Campbell