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 [...]
Foran Mining Corp. is pleased to announce that, further to its news release on May 15, 2023, the common shares of the Company have received final approval for listing on the Toronto Stock Exchange and will commence trading on the TSX at market open on June 12, 2023. Concurrent with the commencement of trading on the TSX, the Common Shares will be delisted and will cease trading on the TSX Venture Exchange . Shareholders [...]
New Copper Lens Discovered - Highlight Intercept 9.97% CuEq over 2.1m Additional New Precious Metals Lens Grading 208 g/t Ag over 9.4m Up-Dip Extension Confirmed with Wedge Hole Assays Step-Out Drilling Potentially Entering Higher-Grade Feeder System Summer Drill Program Targeting ~20,000m to Commence Early June Foran Mining Corp. is pleased to announce final assay results from the 2023 winter drill program at the new [...]
Foran Mining Corp. is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange and graduate from the TSX Venture Exchange . Final approval of the listing is subject to the Company meeting certain customary conditions required by the TSX. Foran is working diligently to satisfy such listing conditions, and further details and a timeline for graduation will be [...]
Foran Mining Corp. is pleased to announce the voting results from the Company's annual general meeting of shareholders held on May 11th, 2023 and is delighted to welcome Jessica McDonald and Nancy Guay to the Board of Directors. A total of 115,039,392 common shares of the Company were represented at the AGM, representing 50.12% of the Company's outstanding common shares as at the record date of March 23rd, 2023 [...]
Highlight Intercept 4% CuEq over 39m Most Significant Interval Encountered at Tesla to Date Drilled Strike Length Extended to 550m and Remains Open in All Directions Foran Mining Corp. is pleased to announce assay results from Hole TS-23-10 from its 2023 winter drill program at the Tesla discovery, located approximately 300 metres north of Foran's McIlvenna Bay Deposit in Saskatchewan. Key Highlights: Significant assay [...]
Highlight Intercept 4.11% CuEq over 34.3m Strike Length Extended by 150m and Remains Open in All Directions Borehole EM Surveys Underway to Better Define Additional Tesla Potential Foran Mining Corp. is pleased to announce assay results from three additional holes from its winter drill program at the new Tesla discovery, located approximately 300 metres north of Foran's McIlvenna Bay Deposit in Saskatchewan. Key [...]
Foran Mining Corp. is pleased to announce the successful completion of its previously announced C$100.0 million private placement . The Offering consisted of 20,270,300 common shares of the Company at an issue price of C$3.70 per Common Share, for gross proceeds of C$75,000,110; and 4,417,000 Common Shares with each such Common Share to be issued as a "flow-through share" within the meaning of the Income Tax Act at an [...]
Foran Mining Corp. is pleased to announce that in connection with the proposed private placement 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 , to increase the size of the Offering from C$75.0 million to C$100.0 million. The [...]
Foran Mining Corp. is pleased to announce Goldman Sachs Canada Inc. has been added as a co-lead agent and joint bookrunner to the Company's recently announced proposed private placement for aggregate gross proceeds of up to C$75,000,540 . Goldman Sachs will join Eight Capital and PI Financial Corp. as co-lead agents and joint bookrunners, on behalf of a syndicate of agents . As previously announced on March 13, 2023, the [...]
Foran Mining Corp. 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 pursuant to which the Company has launched a proposed private placement for aggregate gross proceeds of up to C$75,000,540. The Offering will consist of up to 13,513,600 common shares of the Company at an issue price of C$3.70 [...]
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