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Freeport Resources closes $3.5 million placement, gets PNG support

Mon, 12 Jan 2026 16:48:14 -0500

Freeport Resources Inc. (TSXV: FRI) completed the final tranche of a $3.5 million private placement and announced Papua New Guinea government support for its Yandera Copper Project, according to a company statement.

The company closed the final tranche by issuing 35.8 million units at $0.03 per unit for gross proceeds of approximately $1.1 million. The complete offering totaled 117.1 million units for gross proceeds of $3.5 million. Each unit consists of one common share and one-half warrant, with each full warrant exercisable at $0.06 for 12 months.

Papua New Guinea Prime Minister James Marape expressed support for the Yandera Copper Project during

Freeport Resources Reports PNG Government in Support of Yandera Copper Project and Closes Final Tranche of $3.5 Million Private Placement

Mon, 12 Jan 2026 16:46:00 -0500

PNG's Prime Minister, the Hon. James Marape, expressed his support of the Yandera Copper Project, a nationally important project promising long-term value for the country.
The Yandera Copper Pre-Feasibility Study* demonstrates the project's potential as a large-scale, open-pit copper mining operation with annual production of 100,000 tonnes of copper over a 20-year LOM.
Freeport Resources is in discussions to advance Yandera Copper, one of the largest undeveloped copper projects in the world, to Feasibility Study and Final Investment Decision.
Materially higher copper, gold and molybdenum prices could result in higher revenues, positively impact cash flow, and support the potential for a

Freeport Resources Reports PNG Government in Support of Yandera Copper Project and Closes Final Tranche of $3.5 Million Private Placement

Mon, 12 Jan 2026 16:46:00 -0500

PNG's Prime Minister, the Hon. James Marape, expressed his support of the Yandera Copper Project, a nationally important project promising long-term value for the country.
The Yandera Copper Pre-Feasibility Study* demonstrates the project's potential as a large-scale, open-pit copper mining operation with annual production of 100,000 tonnes of copper over a 20-year LOM.
Freeport Resources is in discussions to advance Yandera Copper, one of the largest undeveloped copper projects in the world, to Feasibility Study and Final Investment Decision.
Materially higher copper, gold and molybdenum prices could result in higher revenues, positively impact cash flow, and support the potential for a

Freeport Resources closes third tranche of private placement for $100,500

Tue, 30 Dec 2025 09:17:12 -0500

Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) announced the completion of the third tranche of its non-brokered private placement on December 30, 2025. The company issued 3,350,000 units at $0.03 per unit, raising gross proceeds of approximately $100,500.

Each unit includes one common share and one-half of a share purchase warrant. The warrants allow holders to purchase additional common shares at $0.06 each within twelve months of issuance.

This tranche is part of a larger offering of up to 116,666,666 units at $0.03 per unit, targeting gross proceeds of up to $3.5 million. The company plans to use proceeds for

Freeport Resources Announces Closing of Third Tranche of Private Placement

Tue, 30 Dec 2025 09:15:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - December 30, 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 15, 2025, the Company has closed the third tranche of its non-brokered private placement through the issuance of 3,350,000 units (each, a "Unit") at a price of $0.03 per Unit for aggregate gross proceeds of approximately $100,500 (the "Third Tranche"). Each Unit consists of one common share of the Company, and one-half-of-one share purchase warrant (each whole warrant, a "Warrant"). Each

Freeport Resources Announces Closing of Third Tranche of Private Placement

Tue, 30 Dec 2025 09:15:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - December 30, 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 15, 2025, the Company has closed the third tranche of its non-brokered private placement through the issuance of 3,350,000 units (each, a "Unit") at a price of $0.03 per Unit for aggregate gross proceeds of approximately $100,500 (the "Third Tranche"). Each Unit consists of one common share of the Company, and one-half-of-one share purchase warrant (each whole warrant, a "Warrant"). Each

Freeport Resources closes second tranche raising $723,000

Mon, 15 Dec 2025 09:17:14 -0500

Freeport Resources Inc. (TSXV: FRI) announced it has closed the second tranche of a private placement, issuing 24,099,999 units at $0.03 per unit for gross proceeds of approximately $723,000.

Each unit consists of one common share and one-half share purchase warrant. Each full warrant allows the holder to purchase an additional common share at $0.06 for 12 months following issuance.

The second tranche forms part of a larger offering of up to 116,666,666 units at $0.03 per unit for maximum gross proceeds of $3.5 million. Following this closing, the company has raised $2,337,850 through the issuance of 77,928,331 units.

The company plans to

Freeport Resources Announces Closing of Second Tranche of Private Placement

Mon, 15 Dec 2025 09:15:00 -0500

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 "Second Tranche"). Each Unit consists of one common share of the Company, and one-half-of-one share purchase warrant (each whole warrant, a "Warrant"). Each

Freeport Resources Announces Closing of Second Tranche of Private Placement

Mon, 15 Dec 2025 09:15:00 -0500

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 "Second Tranche"). Each Unit consists of one common share of the Company, and one-half-of-one share purchase warrant (each whole warrant, a "Warrant"). Each

Freeport Resources increases private placement to $3.5 million

Thu, 11 Dec 2025 09:17:10 -0500

Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) announced it has increased the size of its non-brokered private placement to up to 116,666,666 units for gross proceeds of up to $3.5 million, according to a company statement.

Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant allows the holder to acquire an additional common share at $0.06 for twelve months.

The company completed the first tranche through issuing 53,828,332 units for gross proceeds of $1,614,850. The Vancouver-based mineral exploration company plans to use proceeds for continued development of the Yandera Copper Project

Freeport Resources Announces Increase in Private Placement

Thu, 11 Dec 2025 09:15:00 -0500

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 consist of one common share, and one-half-of-one common share purchase warrant. Each whole warrant will entitle the holder to acquire an additional common share of

Freeport Resources Announces Increase in Private Placement

Thu, 11 Dec 2025 09:15:00 -0500

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 consist of one common share, and one-half-of-one common share purchase warrant. Each whole warrant will entitle the holder to acquire an additional common share of

Freeport Resources closes $1.6M first tranche of private placement

Tue, 18 Nov 2025 09:32:13 -0500

Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) closed the first tranche of a non-brokered private placement, issuing 53,828,332 units at $0.03 per unit for gross proceeds of approximately $1,614,850.

Each unit consists of one common share and one-half share purchase warrant. The warrants allow holders to acquire additional common shares at $0.06 for 12 months following issuance.

The first tranche forms part of a larger offering of up to 100,000,000 units at $0.03 per unit for gross proceeds of up to $3,000,000. The company plans to use proceeds for continued development of the Yandera Copper Project and general working capital purposes.

Company insiders

Freeport Resources Announces Closing of First Tranche of Private Placement and Update on Renewal of Yandera Exploration License

Tue, 18 Nov 2025 09:30:00 -0500

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 Unit consists of one common share of the Company, and one-half-of-one share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle

Freeport Resources Announces Closing of First Tranche of Private Placement and Update on Renewal of Yandera Exploration License

Tue, 18 Nov 2025 09:30:00 -0500

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 Unit consists of one common share of the Company, and one-half-of-one share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle

Freeport Resources announces $3 million private placement offering

Wed, 15 Oct 2025 10:02:10 -0500

Freeport Resources Inc. (TSXV: FRI) announced a non-brokered private placement offering of up to 100 million units at $0.03 per unit for gross proceeds of up to $3 million.

Each unit consists of one common share and one-half of a share purchase warrant. Each whole warrant allows the holder to acquire an additional common share at $0.06 for twelve months following issuance.

The Vancouver-based mineral exploration company plans to use proceeds for continued development of the Yandera Copper Project and general working capital purposes. The company stated it does not anticipate using proceeds for investor relations activities or payments to non-arms' length

Freeport Resources Announces Private Placement

Wed, 15 Oct 2025 10:00:00 -0500

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 "Warrant"). Each Warrant will entitle the holder to acquire an additional common share at a price of $0.06 for a period of twelve

Freeport Resources Announces Private Placement

Wed, 15 Oct 2025 10:00:00 -0500

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 "Warrant"). Each Warrant will entitle the holder to acquire an additional common share at a price of $0.06 for a period of twelve

Freeport Resources Announces Results from Optimization Study at Its Large-Scale Yandera Copper Project, Papua New Guinea

Tue, 09 Sep 2025 08:30:00 -0500

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 Pre-Feasibility Study* calculated a historical post-tax NPV (10%) of US$1,038 million based on copper prices of $3.35/lb, $10.00/lb molybdenum and $1,400.00/oz gold. Copper prices have since reached $5.49/lb, molybdenum has tripled to

Freeport Resources Announces Results from Optimization Study at Its Large-Scale Yandera Copper Project, Papua New Guinea

Tue, 09 Sep 2025 08:30:00 -0500

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 Pre-Feasibility Study* calculated a historical post-tax NPV (10%) of US$1,038 million based on copper prices of $3.35/lb, $10.00/lb molybdenum and $1,400.00/oz gold. Copper prices have since reached $5.49/lb, molybdenum has tripled to

Freeport Resources Appoints Key Advisors to Lead Yandera Copper Project Optimization Study

Wed, 09 Oct 2024 08:30:00 -0500

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, particularly with rising copper prices and opportunities for resource expansion.
A two-part Optimisation Study is being undertaken to maximise the project's value, forming a critical component of an ongoing

Freeport Resources Appoints Key Advisors to Lead Yandera Copper Project Optimization Study

Wed, 09 Oct 2024 08:30:00 -0500

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, particularly with rising copper prices and opportunities for resource expansion.
A two-part Optimisation Study is being undertaken to maximise the project's value, forming a critical component of an ongoing

Freeport Resources Closes $5.2 Million Over-Subscribed Private Placement

Tue, 02 Jul 2024 08:30:00 -0500

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, which estimated historical Measured and Indicated Resources of 728 million tonnes grading 0.39% copper equivalent*.
PNG's resource-focused economy is set to enter a construction

Freeport Resources Closes $5.2 Million Over-Subscribed Private Placement

Tue, 02 Jul 2024 08:30:00 -0500

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, which estimated historical Measured and Indicated Resources of 728 million tonnes grading 0.39% copper equivalent*.
PNG's resource-focused economy is set to enter a construction

Freeport Financing and Operational Update

Mon, 24 Jun 2024 08:30:00 -0500

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 refiner and consumer, positions the Yandera Copper Project as an attractive potential long-term source of copper supply.
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2024) - Freeport