Freeport Resources (TSE:FRI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Freeport Resources Inc. has successfully closed the fourth tranche of its non-brokered private placement, raising $1,508,850 by issuing 30,177,000 units at $0.05 each, which includes a share and a half-warrant. The company paid minor finders’ fees and anticipates a final tranche before June 14, 2024. The funds will support the advancement of their Yandera copper-gold-molybdenum project in Papua New Guinea.
For further insights into TSE:FRI stock, check out TipRanks’ Stock Analysis page.