Foran Mining Corp.

200m Down-Dip Extension Significantly Expands Mineralized Footprint Highlight Intercepts Include 4.5m at 4.0% CuEq and 24.3m at 2.6% CuEq Tesla Zone Remains Open in All Directions Bridge Zone Results Strengthen the Connection Between Tesla Zone and McIlvenna Bay Largest Winter Exploration Program in Foran's History to Begin in 2024 Designed to Unlock the Growing Potential of the District Foran Mining Corp. is pleased to [...]

Dec. 12, 2023 /CNW/ - Foran Mining Corp. is pleased to announce the successful completion of its previously announced C$200 million financing which consisted of: a brokered private placement comprised of the sale of 36,594,000 common shares of the Company at an issue price of C$4.10 per Common Share, for gross proceeds of C$150,035,400; and 1,563,000 Common Shares with each such Common Share to be issued as a [...]

Foran Mining Corp. is pleased to announce that in connection with the previously announced private placement on November 27, 2023 , the Company together with BMO Capital Markets as sole bookrunner and co-lead agent together with Eight Capital and National Bank Financial as co-lead agents, on behalf of a syndicate of agents , have sized the Offering at C$200 million. The Offering will consist of 46,350,000 common shares of [...]

Foran Mining Corp. is pleased to announce that it has entered into an agreement with BMO Capital Markets as sole bookrunner and co-lead agent together with Eight Capital and National Bank Financial as co-lead agents, on behalf of a syndicate of agents pursuant to which the Company has launched a proposed private placement for aggregate gross proceeds of up to approximately C$200 million. The Offering will consist of up to [...]

Tesla highlight intercepts include 44m at 2.9% CuEq Bridge Zone's New Mineralized Intercepts Affirm Expansion Opportunity Drilling of Priority Regional Targets Ongoing Foran Mining Corp. is pleased to report additional assay results from the ongoing 2023 drill program at the 100%-owned McIlvenna Bay Complex in Saskatchewan. Drilling has confirmed multiple, wide zones of mineralization at Tesla and demonstrated continuity [...]

New Bridge Zone Identified Between McIlvenna Bay and Tesla Tesla Strike Extended to 750 metres and Remains Open in All Directions Foran Mining Corp. is pleased to report assay results from two drill holes completed as part of its 2023 summer drill program at the 100%-owned McIlvenna Bay Complex in Saskatchewan. These results have uncovered a new discovery that confirms the presence of mineralization between Tesla and [...]

Foran Mining Corp. is pleased to announce it has received approval for and entered into a strategic equipment finance arrangement with Sandvik Financial Services Canada. The Facility is intended to cover the initial battery electric vehicle mining fleet and essential components, such as charging stations and batteries, provided by Sandvik Mining and Construction Canada Inc. and used for development and operation of its [...]

Foran Mining Corp. is pleased to announce the selection of G Mining Services as its partner in the formation of the integrated project management team for construction of its 100%-owned McIlvenna Bay Complex in Saskatchewan. Founded in 2006, GMS is a renowned mining consultancy firm excelling in both underground and open pit mining and processing projects, including operations in Canada. With a comprehensive range of [...]

Foran Mining Corp. is pleased to announce that its wholly-owned subsidiary, McIlvenna Bay Operating Ltd., has received Ministerial Approval under The Environmental Assessment Act for its 100%-owned McIlvenna Bay Project in Saskatchewan. The Ministerial Approval concludes the Environmental Impact Assessment process for the Project, which was a critical path permitting milestone ahead of full development. The Ministerial [...]

Foran Mining Corp. and Peter Ballantyne Cree Nation are proud to announce the signing of a landmark Collaboration Agreement between PBCN and Foran's wholly-owned subsidiary, McIlvenna Bay Operating Ltd. . This pioneering partnership is a testament to a profound alignment of interests, encapsulating shared aspirations and deep respect for cultural heritage. This agreement embeds a commitment to sustainable growth and [...]