Freeport Rsrcs Stock Price, News & Analysis

Freeport Resources (OTCQB: FEERF) closed the second tranche of a non‑brokered private placement on Dec 15, 2025, issuing 24,099,999 Units at $0.03 per Unit for gross proceeds of ~$723,000. Each Unit includes one common share and one‑half warrant; each whole warrant is exercisable at $0.06 for 12 months.

The Second Tranche is part of an Offering of up to 116,666,666 Units to raise up to $3,500,000. After this close the Company has raised $2,337,850 from 77,928,331 Units and expects a third and final tranche to close on or about Dec 19, 2025, subject to TSX Venture Exchange approval. Proceeds are intended for continued development of the Yandera Copper Project and general working capital. Securities are subject to a four‑month‑and‑one‑day resale restriction.

Freeport Resources (OTCQB: FEERF) said it has increased its non-brokered private placement to up to 116,666,666 Units for gross proceeds of up to $3,500,000. Each Unit consists of one common share and one-half warrant; each whole warrant is exercisable at $0.06 for 12 months. The Company completed a first tranche of 53,828,332 Units for gross proceeds of $1,614,850.

The Company expects to use proceeds for continued development of the Yandera Copper Project and general working capital, does not anticipate using proceeds for investor relations, and may pay finders' fees. All securities will be subject to a four-month-and-one-day resale restriction and the Offering is subject to TSX Venture Exchange approval.

Freeport Resources (OTCQB: FEERF) closed the first tranche of a non‑brokered private placement on November 18, 2025, issuing 53,828,332 Units at $0.03 for gross proceeds of approximately $1,614,850. Each Unit includes one common share plus one‑half warrant (each whole warrant exercisable at $0.06 for 12 months). The Offering is up to 100,000,000 Units for $3,000,000. Finder fees of $6,000 and 2,106,700 finder warrants at $0.05 were paid/issued. Insiders subscribed for 925,000 Units and related‑party exemptions under MI 61‑101 were relied upon. All securities are subject to a four‑month‑and‑one‑day resale restriction. The company also confirmed MRA receipt of its renewal application for Exploration License 1335 (EL 1335), covering 245.5 km² for the Yandera Copper Project; a Wardens Hearing is being scheduled. Historical work on EL 1335 includes ~154,600 m drilling and about US$200 million committed since 2005.

Freeport Resources (OTCQB:FEERF) has announced results from a comprehensive Project Optimization and Value-Add Study for its Yandera Copper Project in Papua New Guinea. The two-phase study, conducted by Practara, evaluated a high-grade development option under a reduced-scale mining scenario to potentially improve financial returns with lower upfront capital investment.

The project's 2017 Pre-Feasibility Study calculated a historical post-tax NPV of US$1.038 billion based on lower commodity prices. Current prices have significantly increased with copper at $5.49/lb (vs $3.35/lb), molybdenum at $30.29/lb (vs $10.00/lb), and gold at $3,348/oz (vs $1,400/oz). The project contains 727 million tonnes of historical Measured and Indicated Resources grading 0.39% copper equivalent, with over US$200 million invested in exploration and development to date.

Freeport Resources (TSXV: FRI) (OTCQB: FEERF) has appointed Practara to lead the Yandera Copper Project Phase 1 Optimisation and Value-Add Review Study. The Yandera Copper Project, located in Papua New Guinea, is an advanced-stage project with over US$200 million invested in exploration and development. A 2017 Pre-Feasibility Study estimated historical Measured and Indicated Resources of 728 million tonnes grading 0.39% copper equivalent.

The optimisation study is structured in two phases to enhance the project's technical and financial performance. Phase 1 focuses on desktop-based gap analysis and preliminary optimisation, while Phase 2 will refine technical inputs and update the 2017 Pre-Feasibility Study. The study aims to improve economics by evaluating opportunities to reduce costs, enhance recoveries, and optimise logistics.

Freeport Resources views this as part of an ongoing strategic review to maximize the Yandera Copper Project's value, which they believe is significantly undervalued based on historical expenditures, current copper prices, and expansion potential.

Freeport Resources announced the closure of an oversubscribed private placement, raising $5.2 million in gross proceeds. This funding will support the advancement of its Yandera Copper Project in Papua New Guinea, one of the largest undeveloped copper deposits globally and the largest in Asia. Key details of the Yandera project include over $200 million in exploration and development expenses, a 2017 Pre-Feasibility Study estimating historical resources of 728 million tonnes at 0.39% copper equivalent, and a renewed license through November 2025. Proceeds will be used for project optimization and partnership discussions to advance to a Definitive Feasibility Study. The company's stock symbol is FEERF.

Freeport has secured $4.4M so far in its ongoing private placement, with a final closing slated for late June. The funds will support general operations and advance the Yandera Copper Project. The Yandera license has been renewed until November 2025, enabling the company to commence an internal project optimization review while seeking strategic partners for a Definitive Feasibility Study. Yandera, one of the world's largest undeveloped copper projects, stands to benefit from high global copper demand driven by energy transitions. Freeport has also engaged Native Ads for a $265,000 marketing campaign. The project, located in Papua New Guinea, has received significant community support and could greatly impact local economies through job creation and infrastructure development.

Freeport Resources has increased its non-brokered private placement offering due to market demand. The offering now totals up to 140,000,000 units at $0.05 per unit, aiming for $7,000,000 in gross proceeds. Each unit includes one common share and one-half common share purchase warrant, with each warrant allowing purchase of an additional share at $0.25 within 24 months.

To date, 88,697,220 units have been issued, bringing in $4,434,861. The final tranche, subject to TSX Venture Exchange approval, is expected by June 28, 2024. Securities issued will have a resale restriction of four months and one day.

Freeport Resources announced that it has received an extension from the TSX Venture Exchange to complete its ongoing non-brokered private placement offering. This extension, following the initial announcement on June 3, 2024, allows the company to finalize the offering by June 28, 2024. The offering aims to raise funds for the company's ongoing projects and operational needs.