Freeport Resources Inc. — Board/Management Information 2020

Jan 30, 2020

January 30, 2020

==> picture [220 x 87] intentionally omitted <==

NEWS RELEASE

Freeport Appoints Directors

VANCOUVER, CANADA 1.888.275.7335 Toll free Tel TSX Venture Exchange: FRI 604.275.7335 Tel Shares Issued: 16,831,232 1.888.275.8549 Toll free Fax

Vancouver, British Columbia – (January 30, 2020) – Freeport Resources Inc. (TSX-V: FRI) (“Freeport”) is very pleased to announce appointment of two new Directors, Scott Davis CGA CPA and Allan Glowach B.Sc. They replace outgoing Director and COO, Shervin Teymouri M.Eng. P.Eng. who has stepped down after a 2 1/2 year tenure. We thank Shervin for his many contributions, and welcome Scott and Allan.

Scott Davis is a partner at Cross Davis & Co. LLP, a Canadian CPA firm providing accounting and management services to publicly-listed companies primarily in the mining, oil and gas and biotech industries. Davis has acted as CFO for several companies listed on the TSX Venture Exchange, and has extensive senior management experience, with 4 years at Appleby as an Assistant Financial Controller, 2 years at Davidson & Company LLP CPA's an Auditor and 5 years with Pacific Opportunity Capital Ltd. as an Accounting Manager.

Allan Glowach is an independent businessman as well as a consultant in the oil & gas industry with over 30 years experience. He currently sits on the board of E.S.I. Environmental Sensors Inc. (ESV.H).

About Freeport

Freeport is a Canadian junior exploration company with a diverse portfolio of properties -- the Red Rose Mine (a past producer of tungsten-gold-copper), Spanish Mountain Gold (adjacent to a proposed open-pit gold mine), and the Q (a large, well-known fluorspar deposit), all located in British Columbia. The Hutton Garnet Beaches in Labrador, eastern Canada, has a positive NI43101 Prefeasibility (2004), and a 5000 tonne bulk sample released from environmental assessment. Please visit www.freeportresources.com or contact us for more information.

Freeport Resources Inc.

Brenda Clark Architect AIBC, President & CEO 1-888-275-7335 (toll free) (604) 275-7335 (tel.) info@freeportresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek Safe Harbour.

==> picture [126 x 35] intentionally omitted <==

Email: info@freeportresources.com Web: www.freeportresources.com