Foran Mining Secures Funds for Major Project

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

Foran Mining Corporation has secured shareholder approval to proceed with the second tranche of their $360M offering, with an expected completion date of September 17, 2024, for a gross amount of approximately $71M. This marks a significant step for the company, which is focused on developing its flagship McIlvenna Bay Project in a historic mining region, alongside other key assets like the Bigstone Deposit.

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