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Bullboard - Stock Discussion Forum Freeport Resources Inc V.FRI

Alternate Symbol(s):  FEERF

Metals & Mining Industrial Metals & Minerals
Freeport Resources Inc. is a Canada-based junior mineral exploration company. The Company is engaged in the exploration of mineral properties. The Company operates through one geographical segment: Papua New Guinea. The Company’s projects are Star Mountain Property, and Yandera Copper Project. Star Mountains Property copper and gold porphyry project in Papua New Guinea (PNG) comprising four... see more

TSXV:FRI - Post Discussion

Freeport Resources Inc > News
View:
Post by knoxt on Aug 18, 2020 8:14am

News

 

Freeport Resources 13,334,997-share private placement

 

2020-08-17 16:36 ET - Private Placement

 

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 26, 2020.

 

Number of shares:  13,334,997 shares

Purchase price:  30 cents per share

Warrants:  6,667,504 share purchase warrants to purchase 6,667,504 shares

Warrant exercise price:  40 cents for a 18-month period

Number of placees:  143 placees

Total pro group involvement:  761,000 (seven placees)

Finders' fees:  $79,956 and 266,520 units payable to Canaccord Genuity Corp.; 224,640 units payable to Haywood Securities Inc.; 16,000 units payable to Industrial Alliance Securities Inc.; $23,208 payable to Leede Jones Gable Inc.

 

© 2020 Canjex Publishing Ltd. All rights reserved.

 
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