Eric Sprott's 2176423 Ontario Ltd., a 10% Holder, acquired 6,750,000 Common Shares on a direct ownership basis at a price of $0.400 through a prospectus or prospectus exempt offering on March 26th, 2024. The insider also acquired 3,375,000 Warrants with an exercise price of $0.520 for 24 months. This represents a $2,700,000 investment into the company's shares and an account share holdings change of 5.9%.
Freegold Ventures is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.
Freegold Ventures Limited is an exploration stage company. The Company is engaged in the acquisition, exploration and evaluation of mineral properties. The Company is focused on exploration activities in Alaska on its Golden Summit and Shorty Creek Projects. The Golden Summit Project is a road accessible gold exploration project near Fairbanks, Alaska. The Project consists of several long-term leases, including Keystone Claims, Tolovana Claims, Newsboy Claims, Green Claims, Chatham Claims and Alaska Mental Health Trust Property and claims and lands owned by the Company. The property is comprised of 53 patented claims, 107 unpatented federal claims, and 240 State of Alaska claims that cover a total area of 5,971.6 hectares. The Shorty Creek Project is located 120 kilometers northwest of Fairbanks, Alaska and four kilometers to the south of the all-weather paved Elliott Highway within the Livengood-Tolovana Mining District.
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