Foran Announces Upsize to Previously Announced Brokered Private Placement to C$100 Million

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Last update: Mar 15, 2023

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VANCOUVER, British Columbia, March 15, 2023 (GLOBE NEWSWIRE) -- Foran Mining Corp. (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company") is pleased to announce that in connection with the proposed private placement (the “Offering”) announced on March 13, 2023 and March 14, 2023, the Company has entered into an amending agreement with Eight Capital, Goldman Sachs Canada Inc., and PI Financial Corp., as co-lead agents and joint bookrunners, on behalf of a syndicate of agents (together the “Agents”), to increase the size of the Offering from C$75.0 million to C$100.0 million.