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Freeport Resources Inc.

Mining ~105 employees
Founded
--
Employees (Est.)
~105
7 leaders known
Total Funding
$4.5M
Funding Rounds
2
Last Funding
2024-06-03

About Freeport Resources Inc.

Freeport Resources Inc. is focused on the development of its 100% owned Yandera Copper Project, located in Madang Province, Papua New Guinea. The project spans a 245 square kilometer tenement package and is positioned as one of the largest undeveloped copper deposits in the world, situated in the prolific PNG Orogenic Belt.

Products & Services

Yandera Copper Project:A large-scale copper mining project in Papua New Guinea, with a pre-feasibility study outlining an open pit mine producing 33 million tonnes of ore per annum over a 20-year mine life.

Specialties

Copper Mining Project Development in Papua New Guinea Feasibility Studies for Mining Projects

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: non-brokered private placement
T: -
FT: non-brokered private placement
A: 1508850
MR: -
FA: $1,508,850
FAN: 1508850
D: 2024-06-03
FD: 2024-06-03
-
2 RT: Private Placement
T: -
FT: Private Placement
A: 3000000
MR: -
FA: up to $3,000,000
FAN: 3000000
D: 2023-01-09
FD: 2023-01-09
-
non-brokered private placement Latest
2024-06-03
$1.5M
Private Placement 2023-01-09
$3.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

G

Gord Friesen

President, Chief Executive Officer and Director

S

Scott Davis

Chief Financial Officer and Director

A

Allan Glowach

Director

N

Nathan Chutas

Senior VP Operations and Director

T

Tobias Kulang Thomas

Senior Advisor

R

Robert Weicker

Senior Advisor

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Recent News

Freeport Resources Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Mining
Company Size
~105 employees (est.)

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