Northwire Canada EditionMonday, August 3, 2026
Sign inSubscribe
Northwire
⌕
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
M&A / Property

FREEMAN GOLD WELCOMES STRATEGIC INVESTOR BRIAN PAES-BRAGA AS INSIDER

By The Northwire Desk — AI Analysis Oct 22, 2025 · 07:30 FMAN · 0.23 Freeman Gold Corp.
FMAN · Price

Executive Summary

  • Brian Paes‑Braga acquired 5,000,000 common shares of Freeman Gold at $0.2108 per share for a total consideration of $1,054,200, increasing his beneficial ownership to 5.09% (11.39% on a partially diluted basis).
  • The Acquirer also holds $1,000,000 of convertible debentures (20% of the issue), 15,555,555 warrants (15.26%), and 780,000 stock options (3.29%).
  • Management highlighted the acquisition as a vote of confidence in the Lemhi Gold Project’s long‑term value and production potential.

Key Details

  • Acquisition price: $0.2108 per common share.
  • Shares purchased: 5,000,000 common shares.
  • Total cash consideration: $1,054,200.
  • Resulting ownership:
  • 15,650,000 common shares (5.09% of issued & outstanding) on a basic basis.
  • 37,541,110 common shares (11.39%) on a partially diluted basis assuming conversion/exercise of debentures, warrants and options.
  • Convertible Debentures owned: $1,000,000 representing 20.00% of the issued & outstanding convertible debentures.
  • Warrants owned: 15,555,555 warrants (15.26% of all outstanding warrants).
  • Stock Options owned: 780,000 options (3.29% of all outstanding stock options).
  • Prior ownership: 10,650,000 common shares (3.46%).
  • Purpose of acquisition: Investment purposes; to be disclosed in an early‑warning report filed on SEDAR+.
  • CEO comment: Bassam Moubarak emphasized the strategic significance of the investment and its alignment with advancing the Lemhi Project toward production.
  • Acquirer background: Brian Paes‑Braga is Managing Partner at SAF Group, Executive Chairman of NG Energy International Corp., Founder/CEO/Chairman of The Metals Royalty Co., and Harvard Business School OPM alumnus.

Notable Quotes

“We are thrilled to welcome Brian as an investor in Freeman. His support underscores the strength of our asset.” – Bassam Moubarak, CEO

“Lemhi Project represents a unique opportunity… I look forward to supporting the team as they advance toward production and create long‑term value for all stakeholders.” – Brian Paes‑Braga

Read the original news release →

More from Freeman Gold Corp.

Jun 29, 2026 · 07:30

Freeman’s Lemhi feasibility study reports a $696m npv, though financing remains a key challenge as economics slip from prior projections.

Technical Study May 05, 2026 · 07:30

Freeman Gold Delays Feasibility Study to Q2, Appoints Permitting VP Amid Lemhi Optimization

Production / Operations Apr 08, 2026 · 07:30

Freeman adds three specialist firms to accelerate Lemhi permitting

Production / Operations Feb 05, 2026 · 10:02

Freeman Gold Hits Million-Ounce Milestone as Grade Dilution Shadows Resource Growth

Resource Estimate Jan 13, 2026 · 17:54

Freeman to conduct permitting at Lemhi

Production / Operations Jan 13, 2026 · 07:30

Freeman Gold Pivot to Permitting De-Risks Lemhi as 2026 Feasibility Study Approaches

Production / Operations