Freeport Resources (TSE:FRI) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Freeport Resources successfully completed an oversubscribed private placement, raising $5.2 million to further develop the Yandera Copper Project, one of the world’s most significant undeveloped copper deposits. The impressive investor backing reflects confidence in the project, which has already seen substantial exploration and development investment. The funds are earmarked for optimizing the project and seeking strategic partnerships to progress towards a Definitive Feasibility Study.
For further insights into TSE:FRI stock, check out TipRanks’ Stock Analysis page.