Freeport Resources Announces Closing of Second Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2025) - Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) ("Freeport Resources" or the "Company") is pleased to announce that, further to its news releases of October 15, 2025 and December 11, 2025, the Company has closed the second tranche of a non-brokered private placement through the issuance of 24,099,999 units (each, a "Unit") at a price of $0.03 per Unit for aggregate gross proceeds of approximately $723,000 (the...
2025-12-15 9:15 AM EST
Freeport Resources Announces Increase in Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2025) - Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) ("Freeport Resources" or the "Company") is pleased to announce that it has elected to increase the size of its previously announced non-brokered private placement (the "Offering") in response to additional market interest. The Company now intends to offer up to 116,666,666 units (each, a "Unit") for gross proceeds of up to $3,500,000. Each Unit will continue to...
2025-12-11 9:15 AM EST
Freeport Resources Announces Closing of First Tranche of Private Placement and Update on Renewal of Yandera Exploration License
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2025) - Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) ("Freeport Resources" or the "Company") is pleased to announce that, further to its news release of October 15, 2025, the Company has closed the first tranche of a non-brokered private placement through the issuance of 53,828,332 units (each, a "Unit") at a price of $0.03 per Unit for aggregate gross proceeds of approximately $1,614,850 (the "First Tranche"). Each...
2025-11-18 9:30 AM EST
Freeport Resources Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 15, 2025) - Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) ("Freeport Resources" or the "Company") announces that it will offer (the "Offering") up to 100,000,000 units (each, a "Unit") by way of non-brokered private placement at a price of $0.03 per Unit for gross proceeds of up to $3,000,000. Each Unit will consist of one common share of the Company, and one-half-of-one share purchase warrant (each whole warrant, a...
2025-10-15 10:00 AM EDT
Freeport Resources Announces Results from Optimization Study at Its Large-Scale Yandera Copper Project, Papua New Guinea
The Optimization Study was conducted to provide additional analyses, including alternative production scenarios and updated commodity pricing models, to advance discussions with prospective strategic partners.The two-phase Optimization Study aims to evaluate the potential of a high-grade development option for the Yandera Copper Project under an initial reduced-scale mining scenario that could offer improved financial returns with lower upfront capital investment.Yandera Copper's 2017...
2025-09-09 8:30 AM EDT
Freeport Resources Appoints Key Advisors to Lead Yandera Copper Project Optimization Study
The Yandera Copper Project, an advanced-stage copper deposit in Papua New Guinea, has seen over US$200 million invested in exploration and development to date. This includes a 2017 Pre-Feasibility Study, which estimated a historical resource of 728 million tonnes of Measured and Indicated grading 0.39% copper equivalent*. Despite its significant historical resource base and strategic location within the Bismarck Intrusive Complex, the project offers tremendous potential for growth,...
2024-10-09 8:30 AM EDT
Freeport Resources Closes $5.2 Million Over-Subscribed Private Placement
Freeport Resources closes oversubscribed private placement, underscoring strong investor interest in its 100% of the Yandera Copper Project, one of the largest undeveloped copper deposits in the World, and the largest undeveloped copper project in Asia, the world's leading copper refiner and consumer.Yandera is an advanced-stage copper project with over US$200 Mil in exploration and development expenditures completed to date, including a 2017 Pre-Feasibility Study, prepared by Worley Parsons,...
2024-07-02 8:30 AM EDT
Freeport Financing and Operational Update
Freeport has raised $4.4M thus far in its ongoing private placement and will undertake a final closing in late June.Freeport has commenced an Internal Project Optimization Review while it continues discussions with Strategic Partners to advance its 100%-owned Yandera Project. Copper prices continue to be strong at approx. US$9,800/t ($4.40/lb) as demand for copper undergoes an unprecedented structural change driven by the global energy transition.Proximity to Asia, the world's largest copper...
2024-06-24 8:30 AM EDT
Freeport Announces Private Placement Upsize
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2024) - Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) ("Freeport Resources" or the "Company") is pleased to announce that due to market demand it has elected to increase the size of its ongoing non-brokered private placement offering (the "Offering"). The Offering will now consist of up to 140,000,000 units (each, a "Unit") at a price of $0.05 per Unit for gross proceeds of up to $7,000,000. Each Unit consists...
2024-06-17 2:17 PM EDT
Freeport Receives Additional Extension for Completion of Offering
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2024) - Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) ("Freeport Resources" or the "Company") is pleased to announce that further to its news release of June 3, 2024 in connection with its ongoing non-brokered private placement offering (the "Offering") the Company has received a further extension of the deadline for completion of the Offering from the TSX Venture Exchange, and now anticipates completing a final tranche...
2024-06-17 8:30 AM EDT
Freeport Closes Fourth Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2024) - Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) ("Freeport Resources" or the "Company") is pleased to announce that it has closed a fourth tranche of its non-brokered private placement offering (the "Offering") for gross proceeds of $1,508,850. In connection with completion of the fourth tranche of the Offering, the Company has issued 30,177,000 units (each, a "Unit") at a price of $0.05 per Unit. Each Unit consists...
2024-06-03 8:30 AM EDT
Freeport Closes Third Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2024) - Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) ("Freeport Resources" or the "Company") is pleased to announce that it has closed a third tranche of its non-brokered private placement offering (the "Offering") for gross proceeds of $934,250. In connection with completion of the third tranche of the Offering, the Company has issued 18,685,000 units (each, a "Unit") at a price of $0.05 per Unit. Each Unit consists of...
2024-05-21 8:30 AM EDT
Freeport Closes Second Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2024) - Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) ("Freeport Resources" or the "Company") is pleased to announce that it has closed the second tranche of its non-brokered private placement offering (the "Offering") for gross proceeds of $787,761. In connection with completion of the second tranche of the Offering, the Company has issued 15,755,217 units (each, a "Unit") at a price of $0.05 per Unit. Each Unit...
2024-04-30 8:30 AM EDT
Freeport Raises $1.2 Million in First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 10, 2024) - Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) ("Freeport Resources" or the "Company") is pleased to announce that it has closed the first tranche of its non-brokered private placement offering (the "Offering") for gross proceeds of $1,204,000. In connection with completion of the first tranche of the Offering, the Company has issued 24,080,000 units (each, a "Unit") at a price of $0.05 per Unit. Each Unit...
2024-04-10 8:30 AM EDT
Freeport Commences Internal Project Optimization Review for Yandera Copper Project, One of the World's Largest Undeveloped Copper Projects and Announces Private Placement
While Freeport Continues Discussions with Strategic Partners to Advance its 100%-Owned Yandera Project, it has commenced an Internal Project Optimization Review. The Review will Seek to Optimize the Project's Economics, Including via possible use of New Breakthough Direct Sulphide Leaching Technologies to achieve significant Capex/Opex reductions.Copper Prices broke $9,000/t ($4.00/lb) in recent weeks as demand for copper undergoes an unprecedented structural change driven by the global...
2024-04-04 8:00 AM EDT
Freeport Commences Discussions with Strategic Partners for Yandera Copper Project, One of the World's Largest Undeveloped Copper Projects
Freeport has Commenced Discussions with Strategic Partners to Advance its 100%-Owned Yandera Project. Copper Prices broke $9,000/t and $4.00/lb in recent days as demand for copper undergoes an unprecedented structural change driven by the global energy transition.The removal of Cobre Panama's supply and related decision by Chinese smelters to trim output due to a lack of copper concentrate adds to looming copper deficits. Proximity to Asia, the world's largest copper refiner and consumer,...
2024-03-19 8:00 AM EDT
Freeport Announces 2 Year License Renewal for Yandera Copper Project, One of the World's Largest Undeveloped Copper Projects
Papua New Guinea's Mining Resource Authority has approved the renewal of the Yandera Copper Project's License EL 1335 through November 19, 2025. Freeport Resources is planning to commence work towards a Definitive Feasibility Study and accelerate discussions with potential strategic partners.Freeport continues its commitment to the landowners and communities of Yandera, and the people of Papua New Guinea.Demand for copper is undergoing an unprecedented structural change driven by the global...
2024-02-21 8:30 AM EST
Freeport Announces License Renewal for Yandera Copper Project, One of the World's Largest Undeveloped Copper Projects
Papua New Guinea's Mining Resource Authority has approved the renewal of the Yandera Copper Project's License EL 1335 through November 19, 2023. Freeport Resources is planning to commence work towards a Definitive Feasibility Study and accelerate discussions with potential strategic partners.Freeport continues its firm commitment to the landowners, the communities of Yandera and the people of Papua New Guinea.Demand for copper is undergoing an unprecedented structural change driven by the...
2023-12-11 8:30 AM EST
Freeport Resources to Present at the Papua New Guinea Resources and Energy Investment Conference
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2023) - Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) ("Freeport Resources" or the "Company") is pleased to announce that Dr. Nathan Chutas, Senior Vice-President of Operations for Freeport Resources, and Tobias Kulang Thomas, Senior Advisor to the Company, will be attending the Papua New Guinea Resources and Energy Investment Conference, to be held December 10th to 13th 2023, in Sydney, Australia. Dr. Chutas will be...
2023-12-07 8:30 AM EST
PNG Mineral Resources Authority to Conduct Technical Site Visit at Freeport's Yandera Copper Project
Freeport Resources to provide an update on the status of the Yandera Copper Project and present plans for future project financing and technical capacity statement.Approximately US$200 million in exploration and development expenditures have been committed since 2005, including 154,600 meters of exploration drilling and completion of a Pre-feasibility Study*.As one of the largest undeveloped copper resources* in the world, Yandera has the potential to become one of PNG's most significant...
2023-09-19 9:00 AM EDT