# FREEMAN GOLD RECEIVES $4.8 MILLION FROM WARRANT EXERCISES TO FULLY FUND FEASIBILITY STUDY

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/freeman-gold-receives-4-8-million-from-warrant-exercises-to-fully-fund-feasibili--e66ba0ae-9ce4-4271-8bd6-dab199cfb425

Original source: https://money.tmx.com/en/quote/FMAN/news/5266151640233475/freeman-gold-receives-4-8-million-from-warrant-exercises-to-fully-fund-feasibili

Publisher: tmx

Original announcement: 2025-07-15T21:10:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Freeman Gold Corp.

- Ticker: FMAN

- Exchange: TSX

- Region: Canada

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Capital raise, Resource update

- Extracted: 2026-08-25 10:44:42 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Freeman Gold Corp. has received CAD $4.8 million from the exercise of 60 million warrants. These funds will fully finance the feasibility study for the Lemhi Gold Project, which is being conducted by Ausenco.

Reasoning: The company successfully raised $4.8M to de-risk the project by fully funding the upcoming feasibility study.

- Positive factor: Fully funds feasibility study

- Positive factor: Cost certainty via lump sum contract

- Positive factor: Strong shareholder support via warrant exercises

Facts used in scoring: 3

## Classification and evidence

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The mineral resource estimate is explicitly stated as NI 43-101 compliant.

Evidence · text

> The pit constrained National Instrument 43-101 \(" NI 43- 101 "\) compliant mineral resource estimate

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The technical content was reviewed and approved by a Qualified Person \(Dean Besserer, P. Geo.\).

Evidence · text

> The technical content of this release has been reviewed and approved by Dean Besserer , P. Geo., VP Exploration of the Company and a Qualified Person

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.