Foran Mining Corp.

Foran Mining Corp. is pleased to announce the execution of an amended and restated credit agreement and closing of its upsized US$250 million senior secured project credit facility with a fund managed by Sprott Resource Lending Corp. . Funds from the Credit Facility will be used towards construction of the McIlvenna Bay project in east-central Saskatchewan as well as general corporate purposes. Credit Facility Details The [...]

Foran Mining Corp. is pleased to share a progress update on the construction of its 100% owned McIlvenna Bay project in Saskatchewan, Canada, alongside new photos showcasing ongoing development. The images offer a detailed look at key milestones reached during August 2024 and can be viewed in the image gallery on our website at www.foranmining.com/news-media. Key August 2024 Achievements: Surface construction is advancing [...]

Geophysics and Structural Geoscience Methodically Driving Future Growth Prospects Advancements Reveal a Significant Number of Untapped Regional Opportunities Airborne Electromagnetic Survey Set to Launch Over New Denare West Property Foran Mining Corp. is pleased to provide an update on its Regional Exploration Strategy across its properties in Saskatchewan, Canada. Building on two years of detailed geophysical analysis [...]

All amounts are in Canadian dollars unless stated otherwise Foran Mining Corp. is pleased to announce that following the receipt of all requisite shareholder approvals at the special meeting of shareholders held on Monday, September 16, 2024, it has now completed the second tranche of its previously announced $360 million private placement financings , for aggregate gross proceeds of $70,950,788 . Upon closing of the [...]

Second Tranche for Gross Proceeds of $71M Expected to Close on or about September 17, 2024 All amounts are in Canadian dollars unless stated otherwise Foran Mining Corp. is pleased to announce that at a special meeting of shareholders of the Company held today , the shareholders approved the resolutions required in connection with completing the second tranche of the Company's previously announced $360 million offering [...]

Highlight intersection 22m at 5.6% CuEq New Gold and Silver-Rich Zone Identified at Tesla, Potentially Strengthening at Depth Tesla Zone now Measures 1,200m Along Strike and up to 700m Down Dip and Remains Open in All Directions Summer Drill Campaign Ongoing, Testing High Priority Regional Targets and Further Definition at Tesla Foran Mining Corp. is pleased to announce assay results from new step-out holes drilled to [...]

Second Tranche for Gross Proceeds of $71M Expected to Close Following Special Shareholders Meeting All amounts are in Canadian dollars unless stated otherwise Foran Mining Corp. is pleased to announce that it has completed the first tranche of its previously announced $360 million private placement financings , for aggregate gross proceeds of $289,052,853 . The First Tranche Offering involved the completion of: a brokered [...]

Foran Mining Corp. is pleased to announce that in connection with the proposed brokered private placement announced on July 15, 2024, the Company has entered into an amending agreement with Eight Capital, as co-lead agent and joint bookrunner with BMO Capital Markets and National Bank Financial, on behalf of a syndicate of agents , to increase the size of the offering from $222,000,008 to $260,891,830 . The Brokered [...]

Strategic Investment by Cornerstone Investors supports McIlvenna Bay's Development and Future Upside Opportunities Project Finance Credit Facility to be Expanded to US$250 Million Board of Directors Formally Approves Construction, led by G Mining Services, with Commercial Production Expected in H1 2026 Initial Tesla Exploration Target of 28-45Mt at 2.2-3.2% CuEq Highlights Future Exploration Potential All amounts are in [...]

Foran Mining Corp. is pleased to announce the appointment of Marie Inkster to its Board of Directors as an Independent Director. Ms. Inkster brings extensive mining executive experience to Foran's Board, developed over 20 years working in the mining industry. Marie Inkster, Director of Foran commented "In addition to being an exciting emerging producer of critical minerals, Foran prioritizes responsible mining, with [...]