Freeport Resources Inc.

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 of the Offering on or before June 28, 2024.About Freeport Resources Inc.Freeport Resources is a Canadian...

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 of one common share and one-half-of-one common share purchase warrant (each whole warrant, a "Warrant"). Each W...

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...