June 29, 2007
Freegold Ventures Closes Private Placement with Rob McEwen and Sprott Asset Management
On behalf of the Board of Directors
"Steve Manz"
Steve Manz
President and C.E.O.
For further information: Investor Relations: 1.800.667.1870
2303 West 41st Avenue, Vancouver, BC
The Toronto Stock Exchange has neither approved nor disapproved the contents of this news release. CUSIP: 45953B107
DISCLAIMER This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Stock Exchange, British Columbia Securities Commission and the United States Securities & Exchange Commission. This email should not be construed as an offer to buy or sell securities of Freegold Ventures Limited.
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Freegold Ventures is a gold producing company based in Canada.
Freegold Ventures holds various exploration projects in Canada.
Its main asset in production is GOLDEN SUMMIT (NEWSBOY) in USA, its main asset in development is ALMADEN in USA and its main exploration properties are GOLDEN SUMMIT in USA and VINASALE, PGM A, DUKE COPPER and ROB - FREEGOLD in Canada.