Foran Closes Second Tranche of $360M Private Placement for Additional Gross Proceeds of $71M
Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) ("Foran" or the "Company") 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 (the "Offering"), for aggregate gross proceeds of $70,950,788 (the "Second Tranche Offering"). Upon closing of the Second Tranche Offering, the full