Freeman Gold Corp. is pleased to announce that it has acquired and extinguished a back-in right from Yamana Gold Inc. over Freeman's Lemhi Project in consideration of the issuance to Yamana of 4,035,273 common shares of Freeman, representing 5% of Freeman's issued and outstanding shares. Will Randall, President & CEO, commented, "We are delighted to welcome Yamana as a 5% strategic shareholder. Having a major gold [...]
Freeman Gold Corp. is pleased to announce that Major Drilling America Inc has been awarded the diamond drill contract for its 100% owned Lemhi Gold project located in Idaho, USA. The drill program consists of 5,000 metres of diamond drilling designed to twin a portion of historical drill holes within the known mineralized material. This is intended to confirm historical data and allow the use of over 355 historical drill [...]
Freeman Gold Corp. is pleased to announce that the Board of Directors of the Company has approved a comprehensive exploration program for its 100% owned Lemhi Gold project located in Idaho, USA. The approved exploration program consists of 5,000 metres of diamond drilling, metallurgical test work, and extensive groundwork designed to: Twin a portion of historical drill holes within the known mineralized material. This is [...]
Freeman Gold Corp. is pleased to announce that it has closed the previously announced bought deal public offering of common shares of the Company for aggregate gross proceeds of approximately $10.35 million . The Company issued 20,690,000 common shares, including common shares issued pursuant to the exercise of the over-allotment option. The Offering was conducted by Canaccord Genuity Corp. and Stifel GMP, as co-lead [...]
Freeman Gold Corp. announces that, following a review by the British Columbia Securities Commission in connection with the recently announced bought deal financing, the Company has determined that the previously filed material change report dated April 16, 2020 regarding the Company's acquisition of all of the issued and outstanding shares of 1132144 B.C. Ltd. was incomplete and inadvertently omitted the information [...]
Freeman Gold Corp. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and Stifel GMP, as co-lead underwriters, on behalf of a syndicate of underwriters to increase the size of its previously announced bought deal financing from $6.5 million to $9 million . Pursuant to the amended terms, the Underwriters have agreed to purchase 18,000,000 common shares of the Company , on a bought [...]
Freeman Gold Corp. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and Stifel GMP, as co-lead underwriters, on behalf of a syndicate of underwriters whereby the Underwriters have agreed to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, an aggregate of 13,000,000 common shares at a price of $0.50 per Share for aggregate gross proceeds to the [...]
Freeman Gold Corp. is pleased to announce the staking of 219 additional claims at its Lemhi Gold Project. The newly staked claims cover highly prospective areas in the vicinity and along strike of the known near surface, oxide gold mineralization outlined by over 355 drill holes between 1980 and 2013. The Lemhi Gold Project now consists of 7,515 acres of highly prospective ground that has gone largely unexplored despite [...]
Freeman Gold Corp. is pleased to announce the appointment of Dean Besserer as Vice President, Exploration, effective June 3, 2020. Mr. Besserer has more than two decades of mineral exploration experience working in over 50 countries, including across much of North America, often leading projects with annual exploration budgets exceeding $20 million U.S. Mr. Besserer was previously the Vice President and partner at APEX [...]
Freeman Gold is pleased to announce the appointment of Will Randall as President and Chief Executive Officer and Director, effective May 27, 2020. Mr. Randall is replacing the Company's current President and CEO, Howard Milne, who will resign this position and his Board seat effective today. Mr. Milne will continue as a consultant with the Company for a period of time. The Company would like to extend its appreciation to [...]
Lodge Resources announces that effective May 21, 2020, the Company's name will change from "Lodge Resources Inc." to "Freeman Gold Corp." The Company's common shares will begin trading on the CSE on May 21, 2020 under the new name and the trading symbol for the Company will change from "LDG" to "FMAN". The new CUSIP will be 35658P105 and the new ISIN number will be CA35658P1053. The share capital of the Company remains [...]
Lodge Resources is pleased to announce that the Company has completed its second and final closing of its previously announced non-brokered private placement of units at $0.35 per Unit. At this final closing, the Company issued and sold an aggregate of 1,229,500 Units for gross proceeds of $430,325, and together with the first closing, the Company issued an aggregate of 4,268,911 Units for gross proceeds of $1,494,118.85 [...]