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NEWS RELEASE
PR #07-34
View News Release in PDF Format
Vancouver, B.C., December 18, 2007: Northern Freegold Resources Ltd. (NFR:TSX-V)
has closed a non-brokered public offering as announced on December 10, 2007. The financing was comprised of 4,562,371 flow-through units for gross proceeds of CDN $4,334,252.45.
The flow-through units priced at $0.95 per unit each consist of a flow-through common share and one-half of a non-flow-through purchase warrant, each whole warrant exercisable at CDN $1.50 for an 12-month period.
The proceeds from the sale of the shares will be used to finance exploration on the company's Freegold Mountain project in the Yukon Territory. The flow-through unit expenditures will qualify as Canadian exploration expenses as defined in the Income Tax Act and will be renounced for the 2007 taxation year.
A total of CDN $34,724.97 and 172,957 units in finder's fees and/or due diligence fees were paid to certain arms length parties in relation to the offering.
Insider participation:
Glen Diduck (26,000 units)
Pro-group participation:
Warwick Bay (10,000 units), Paul Dipasquale (27,000 units), Ali Pejman (50,000 units), Nicole Adshead-Bell (40,000 units), Barry Warden (50,000 units), John Newell (36,500 units).
Northern Freegold is a Canadian-based resource exploration and development company which relies on local expertise and strong management to focus on development of economic reserves on the district-scale Freegold Mountain Project in the Yukon and the Burro Creek Project in Arizona.
Northern Freegold Resources Ltd.
On behalf of the Board of Directors
Signed "Bill Harris"
William (Bill) G. Harris
President and Chief Executive Officer
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Copyright © 2007 NORTHERN FREEGOLD RESOURCES LTD. (NFR) All rights reserved. For more information visit our website at
http://www.northernfreegold.com/
or send email to
administration@northernfreegold.com
..
©2007 Northern Freegold Resources Ltd. All Rights Reserved.
Northern Freegold Resources
EXPLORATION STAGE
CODE : NFR.V
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Corporate Presentations of Northern Freegold Resources
3/30/2007
Letter of Intent to Acquire Arizona Gold/Silver Property
In the News and Medias of Northern Freegold Resources
1/19/2012
Northern Freegold outlines 100mt gold-polymetallic deposit i...
4/22/2010
Northern Freegold eyes sale of Burro Creek asset
2/12/2009
Resources Ltd.: Gold Assay Value Increases to 206.50 g/t Gol...
Annual reports of Northern Freegold Resources
2008 Annual Report
2007 Annual Report
2006 Annual Reprot
Financings of Northern Freegold Resources
9/3/2012
PR # 12-13: Northern Freegold Announces Closing of Expedited...
4/25/2012
PR #12-09 Northern Freegold Announces Amended Terms for Brok...
12/2/2011
Closes Private Placement
7/20/2011
Closes First Tranche of Financing for $6 million
7/19/2011
Announces $8M Private Placement
5/16/2011
Announces $8M Private Placement
6/17/2009
Completes $5,000,000 Bought Deal
5/28/2009
Announces C$4,000,000 Bought Deal Equity Financing
12/22/2008
Announces Flow-Through Financing
11/5/2008
Announces Flow-Through Financing
Nominations of Northern Freegold Resources
2/10/2009
Appoints New Board Member to Further Develop Growth Plans
Project news of Northern Freegold Resources
2/27/2011
(Freegold Mountain - Revenue Zone)
Identifies Initial Target Deposit at Revenue Zone, Freegold ...
2/22/2011
(Freegold Mountain - Nucleus)
Announces Updated NI 43-101 Resource Estimate for Nucleus, F...
11/22/2010
(Freegold Mountain - Nucleus)
Drilling Expands Mineralization in Revenue Zone; Reports Res...
5/11/2010
(Freegold Mountain - Goldy Zone)
Initiates Resource Expansion Program on Major Gold and Coppe...
4/29/2010
Files Nucleus Deposit NI 43-101 Compliant Technical Report
2/10/2010
(Freegold Mountain - Nucleus)
Metallurgical Tests Show Excellent Gold Recoveries at Nucleu...
1/18/2010
(Freegold Mountain - Goldy Zone)
Increases Land Package at Freegold Mountain
12/3/2009
(Freegold Mountain - Nucleus)
extends gold mineralization to the southwest at Nucleus Zone
11/19/2009
(Freegold Mountain - Nucleus)
Intersects 9.68 g/t Gold over 4.47 m in Step-Out to Southwe...
10/22/2009
(Freegold Mountain - Nucleus)
extends gold mineralization at Nucleus Zone
8/10/2009
(Freegold Mountain - Nucleus)
President's Message from Northern Freegold Resources
7/27/2009
(Freegold Mountain - Nucleus)
Initial One Million Ounce Resource at Nucleus Zone
3/26/2009
(Freegold Mountain - Nucleus)
Intersects 0.73 m of 142.00 g/t Gold within 3.60 m of 55.27 ...
1/26/2009
(Freegold Mountain - Nucleus)
Intersects 4.00 metres of 68.95 g/t Gold
1/27/2009
(Freegold Mountain - Nucleus)
Freegold Intersects 4.00 Metres of 68.95 g/t Gold Including ...
1/14/2009
(Freegold Mountain - Nucleus)
Intersects 1.27 metres of 410.00 g/t Gold
12/1/2008
CORRECTION News Release: Northern Freegold Drilling Intersec...
9/25/2008
(Freegold Mountain - Nucleus)
Drilling Intersects 1.75 m of 21.18 g/t Gold
7/29/2008
(Freegold Mountain - Nucleus)
Intersects 1.23 Metres of 92.74 g/t Gold within 46.96 Metres...
7/2/2008
(Burro Creek)
Drilling of Vein Extension Intersects 19.7 Feet of 4.08 g/t ...
6/9/2008
(Freegold Mountain - Nucleus)
Intersects 3.25 Metres of 100.69 g/t Gold within 37.80 Metre...
6/5/2008
(Burro Creek)
Intersects 168.3 Feet of 0.94 g/t Gold and 56.10 g/t Silver ...
6/4/2008
(Freegold Mountain - Nucleus)
Initiates Fourth Drill in 25,000 m Diamond Drill Program at ...
5/20/2008
Intersects 3.4 Feet of 31.80 g/t Gold and 759.00 g/t Silver ...
4/24/2008
(Freegold Mountain - Nucleus)
Commences 25,000 m Diamond Drill Program at Freegold Mounta...
4/23/2008
(Burro Creek)
Intersects 2.6 Feet Of 38.50 G/T Gold Within 69.0 Feet Of 2....
3/26/2008
(Burro Creek)
Intersects 117.10 Feet of 1.11 g/t Gold and 30.25 g/t Silve...
2/25/2008
(Freegold Mountain - Nucleus)
Discovers New Mineralized Porphyry Body at Freegold Mountain...
2/8/2008
(Burro Creek)
Completes Initial Holes of 3,000 m Drill Program at Burro Cr...
1/23/2008
Receives Approval for Acquisition of Severance Property in D...
1/22/2008
(Tad / Toro)
Receives Approval for Acquisition of Tad/Toro Property in Da...
1/21/2008
(Burro Creek)
Commences 3,000 m drill program at Burro Creek Gold/Silver ...
12/6/2007
Step Out Drilling - Intersects 75 m of 4.26 g/t Gold in Nucl...
11/8/2007
New High Grade Zone Returns 5.6 feet of 0.52 oz/t Gold, 9.53...
10/24/2007
Drill Hole in Nucleus Zone Steps Out 50 m and Returns Longes...
7/24/2007
Diamond Drilling in Tinta Zone Extends Vein System Down Dip ...
7/19/2007
First 2007 Diamond Drill Hole in Nucleus Zone Steps Out 50 m...
4/7/2006
(Severance)
2006 Technical report
Corporate news of Northern Freegold Resources
2/20/2013
Preliminary Economic Assessment of Northern Freegold's Nucle...
1/9/2013
Announces Updated NI 43-101 Resource Estimate for Nucleus De...
10/29/2012
-Key Upcoming Milestones for the Freegold Mountain Project
10/10/2012
Extends the Nucleus Gold Deposit
9/19/2012
Preliminary Metallurgical Results from Nucleus Gold Deposit ...
9/12/2012
Preliminary Metallurgical Results from Revenue Cu-Au-Mo Zone...
10/27/2010
Closes Financing of $3.45 Million
7/8/2010
Adds Second Drill Ahead of Schedule
5/19/2010
President's Message, May 2010
4/14/2010
NFR & the Yukon Gold Mining Alliance Forums
3/5/2010
Increases Gold Grade and Ounces at Freegold Mountain Project
2/11/2010
Invests in Business with Yukon First Nations Project 2010 Te...
1/14/2010
Announces Management Transition
1/14/2010
NFR provides update on successful 2009 Program at Nucleus Zo...
11/24/2009
Whitehorse Open House Westmark Hotel Wednesday, November 25 ...
11/18/2009
President's Message from Northern Freegold Resources
11/17/2009
extends warrant expiry dates
11/5/2009
executes option agreement for Tad/Toro
8/27/2009
Stakes Additional Ground in Dawson Range Mining Camp, Yukon
8/13/2009
drills 25 m of 2.45 g/t gold at Nucleus Zone
6/19/2009
Completes $3,000,000 Financing
6/19/2009
Commences 12,000 m Drill Program
5/6/2009
Earns 100% of Nucleus Zone
3/25/2009
Investor Update
3/19/2009
Drills 1.10m of 36.18 g/t Gold and 45.35 g/t Silver in Tinta...
2/27/2009
Investor Update February 2009
2/12/2009
Gold Assay Value Increases to 206.50 g/t Gold over 1.24 metr...
12/30/2008
Closes Financing of $475,300
12/1/2008
Extends Warrant Expiry Dates
11/13/2008
Extends Warrant Expiry Dates
11/10/2008
Closes Financing of $1.8 Million
9/23/2008
What NFR did during your summer vacation
5/21/2008
Commences Drilling in Goldy Zone to follow up on 9.3 m of 15...
12/19/2007
Closes Financing of $4.334 Million
12/4/2007
Closes Financing of $7.147 Million
11/23/2007
Investor Relations Update
11/22/2007
Receives Approval for Acquisition of Nit Property in Dawson...
11/16/2007
Announces Financing
11/15/2007
Drilling Discovers 15.45 g/t Gold over 9.3 metres in Goldy Z...
10/24/2007
Receives Approval For Acquisition Of 100% Interest In Nucleu...
10/11/2007
Receives Approval for Acquisition of Burro Creek Gold/Silver...
10/1/2007
Diamond Drill Program at Freegold Mountain Passes 11,000 Met...
9/10/2007
Acquires Additional Property in Dawson Range Gold Belt, Yuko...
9/10/2007
Additional Diamond Drill Results in Tinta Zone Confirm Exten...
8/23/2007
Acquires 100% Interest in Golden Revenue, Nitro and Sey Prop...
6/28/2007
Three Drills in Operation in Three Zones at Freegold Mountai...
6/8/2007
Completes First Hole of 15,000 m Diamond Drill Program at Fr...
5/22/2007
Announces Financing
5/10/2007
Acquires Burro Creek Gold/Silver Property, Arizona
5/7/2007
Commences 15,000 m Diamond Drill Program at Freegold Mountai...
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