Foran Mining Secures Final $71M in Major Private Placement

Foran Mining (TSE:FOM) has released an update.

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.

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