Freeport Resources Inc. [TSXV-FRI; OTCQB-FEERF; FSE-4XH] has raised approximately $4.4 million thus far in the ongoing private placement with a final tranche expected to close at the end of June.
With the recent Yandera license renewal, Papua New Guinea, through 2025 and funds from the private placement, the company has commenced an internal project optimization review while discussions continue with potential strategic partners to advance the Yandera Copper Project to a Definitive Feasibility Study.
“The current financing has been well received by investors with an additional…
