Freeport Resources

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*. » Mehr auf newsfilecorp.com

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. » Mehr auf newsfilecorp.com

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. » Mehr auf newsfilecorp.com