|Bid||0.0550 x 0|
|Ask||0.0600 x 0|
|Day's Range||0.0550 - 0.0550|
|52 Week Range||0.0500 - 0.2500|
|Beta (5Y Monthly)||5.29|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Freeport Resources Inc. (the "Company") is pleased to announce that it has acquired all of the outstanding share capital of Carpo Resources Inc. ("Carpo"). Carpo is a privately-held company which controls Era Resources Inc., a corporation established under the laws of Cayman Islands and which itself controls an exploration license located in Papua New Guinea and which is commonly known as the "Yandera Copper Project".
Freeport Resources Inc. (TSXV: FRI) (FSE: 4XH) (OTCQB: FEERF) ("Freeport", or the "Company") is pleased to announce that it has signed a definitive share purchase agreement (the "Purchase Agreement"), dated effective June 25, 2021, with Carpo Resources Inc. ("Carpo"), and each of the shareholders of Carpo (collectively, the "Vendors"), pursuant to which the Company proposes to acquire all of the outstanding share capital of Carpo from the Vendors (the "Transaction").