Foran Mining (TSE:FOM) has released an update.
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Foran Mining Corporation has successfully completed the second tranche of its $360 million private placement, raising an additional $71 million. The funds are earmarked for the exploration and development of the company’s mineral projects in Saskatchewan, with Fairfax and Agnico Eagle showing significant investment interest.
For further insights into TSE:FOM stock, check out TipRanks’ Stock Analysis page.
