Second Tranche for Gross Proceeds of $71M Expected to Close Following Special Shareholders Meeting All amounts are in Canadian dollars unless stated otherwise Foran Mining Corp. is pleased to announce that it has completed the first tranche of its previously announced $360 million private placement financings , for aggregate gross proceeds of [...]
Foran Mining Corp. is pleased to announce that in connection with the proposed brokered private placement announced on July 15, 2024, the Company has entered into an amending agreement with Eight Capital, as co-lead agent and joint bookrunner with BMO Capital Markets and National Bank Financial, on behalf of a syndicate of agents , to increase the [...]
Strategic Investment by Cornerstone Investors supports McIlvenna Bay's Development and Future Upside Opportunities Project Finance Credit Facility to be Expanded to US$250 Million Board of Directors Formally Approves Construction, led by G Mining Services, with Commercial Production Expected in H1 2026 Initial Tesla Exploration Target of 28-45Mt at [...]
Foran Mining Corp. is pleased to announce the appointment of Marie Inkster to its Board of Directors as an Independent Director. Ms. Inkster brings extensive mining executive experience to Foran's Board, developed over 20 years working in the mining industry. Marie Inkster, Director of Foran commented "In addition to being an exciting emerging [...]
Significant Intervals Identified in Step-Out Holes Down-Dip Tesla Zone Mineralization & Continuity Confirmed Along Strike and at Depth Electromagnetic Surveys Outline a Further Potential +50m Up-Dip and +200m Down-Dip Continuation of Mineralization Tesla Zone Continues to Remain Open in All Directions Foran Mining Corp. is pleased to report [...]
Foran Mining Corp. today proudly announces the release of its inaugural Sustainability Report , marking a significant milestone in the Company's commitment to environmental stewardship and responsible business practices. Dan Myerson, Executive Chairman & CEO, commented: "As we navigate the growing demand for low-carbon energy solutions, with copper [...]
Foran Mining Corp. is pleased to announce the voting results from the Company's annual and special meeting of shareholders of the Company held on May 9th, 2024 . A total of 171,528,263 common shares of the Company were represented at the Meeting, representing 56.2% of the Company's outstanding common shares as at the record date of March 25, 2024 [...]
Core Scanning Technology Transforming the Exploration and Mining Landscape Integrating Artificial Intelligence for Real-Time Insights and Predictive Modeling Foran Mining Corp. is pleased to celebrate our continued partnership with Veracio and its innovative TruScan real-time X-Ray Fluorescence drill core scanning technology . TruScan has been [...]
Strike Extent Now Exceeds the Parameters of the Modelled Conductor Assays Pending on Intersections Outlining Shallower Mineralized Potential Tesla Zone Continues to Remain Open in All Directions Foran Mining Corp. is pleased to report initial assay results from the 2024 winter program at the Tesla and Bridge Zones, part of its 100%-owned McIlvenna [...]
200m Down-Dip Extension Significantly Expands Mineralized Footprint Highlight Intercepts Include 4.5m at 4.0% CuEq and 24.3m at 2.6% CuEq Tesla Zone Remains Open in All Directions Bridge Zone Results Strengthen the Connection Between Tesla Zone and McIlvenna Bay Largest Winter Exploration Program in Foran's History to Begin in 2024 Designed to [...]
Dec. 12, 2023 /CNW/ - Foran Mining Corp. is pleased to announce the successful completion of its previously announced C$200 million financing which consisted of: a brokered private placement comprised of the sale of 36,594,000 common shares of the Company at an issue price of C$4.10 per Common Share, for gross proceeds of C$150,035,400; and [...]
Foran Mining Corp. is pleased to announce that in connection with the previously announced private placement on November 27, 2023 , the Company together with BMO Capital Markets as sole bookrunner and co-lead agent together with Eight Capital and National Bank Financial as co-lead agents, on behalf of a syndicate of agents , have sized the Offering [...]