09:40 AM EDT, 10/22/2025 (MT Newswires) -- Freeman Gold ( FMANF ) Wednesday said it added Brian Paes-Braga, managing partner at SAF Group and executive chairman of NG Energy International, as a new strategic insider to its shareholder base.

The company has been advised that following open market purchases through alternative trading platforms by Brian Paes-Braga of 5-million common shares at $0.2108 apiece for total consideration paid by Braga of $1.1 million, Braga has beneficial ownership of 15.7-million common shares, 5.09% of the issued and outstanding common shares, and would have beneficial ownership of 37.5-million common shares, 11.39% of the common shares on a partially diluted basis.

Braga has beneficial ownership of $1 million of convertible debentures, 20.00% of the issued and outstanding convertible debentures, 15.6-million warrants, 15.26% of the issued and outstanding warrants, and 780,000 stock options, 3.29% of the issued and outstanding stock options.

"Lemhi Project represents a unique opportunity to unlock significant value through responsible development and strategic execution in mining friendly Idaho, United States," said Braga. "I believe the asset has been overlooked by the market, Management has the vision and the potential to build a successful gold company."

Shares of the company were last seen down 4.4% at $0.22 on the TSX Venture Exchange.

Price: 0.22, Change: -0.01, Percent Change: -4.35