Foran Announces C$75 Million Brokered Private Placement

Provided By Globe Newswire

Last update: Mar 13, 2023

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VANCOUVER, British Columbia, March 13, 2023 (GLOBE NEWSWIRE) -- Foran Mining Corp. (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company") is pleased to announce that it has entered into an agreement with Eight Capital and PI Financial Corp., as co-lead agents and joint bookrunners, on behalf of a syndicate of agents (together the “Agents”) pursuant to which the Company has launched a proposed private placement (the “Offering”) for aggregate gross proceeds of up to C$75,000,540.