Purepoint Uranium Enters into Option Agreement with Foran Mining for Denare West Project
2023-11-20 12:03:50 Toronto, Ontario–(Newsfile Corp. – November 20, 2023) – Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (the “Company” or “Purepoint“) today announced that it has entered into an option agreement (the “Option Agreement“) with a wholly-owned subsidiary of Foran Mining Corporation (TSX: FOM) (“Foran”) pursuant to which Purepoint granted options to Foran to […]
Foran Mining Announces New Bridge Zone Discovery and 200m Strike Extension at Tesla
2023-09-12 03:06:25 New Bridge Zone Identified Between McIlvenna Bay and Tesla Tesla Strike Extended to 750 metres and Remains Open in All Directions VANCOUVER, BC, Sept. 12, 2023 /CNW/ – Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to report assay results from two drill holes completed as part of its […]
Foran Mining Secures C$67 Million Equipment Finance Facility for McIlvenna Bay
2023-09-07 03:06:11 VANCOUVER, BC, Sept. 7, 2023 /CNW/ – Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce it has received approval for and entered into a strategic equipment finance arrangement (the “Facility”) with Sandvik Financial Services Canada. The Facility is intended to cover the initial battery electric vehicle mining […]
Foran Partners with G Mining Services for Integrated Project Management Team and Announces New Management Appointments
2023-09-05 02:31:34 VANCOUVER, BC, Sept. 5, 2023 /CNW/ – Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce the selection of G Mining Services (“GMS”) as its partner in the formation of the integrated project management team (“IPMT”) for construction of its 100%-owned McIlvenna Bay Complex (the “Project”) in […]
Foran Announces Final Results from Tesla Winter Drilling
2023-05-25 03:05:24 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 VANCOUVER, BC, May 25, 2023 /CNW/ – Foran […]
Foran Mining Announces Additional Drill Results from Tesla
2023-03-30 03:04:41 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 VANCOUVER, BC, March 30, 2023 /CNW/ – Foran Mining Corporation (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce assay results from three […]
Foran Mining Announces Closing of C$100 Million Brokered Private Placement
2023-03-27 06:05:08 VANCOUVER, BC, March 27, 2023 /CNW/ – Foran Mining Corp. (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company“) is pleased to announce the successful completion of its previously announced C$100.0 million private placement (the “Offering“). The Offering consisted of (i) 20,270,300 common shares of the Company (the “Common Shares“) at an issue price of […]
Foran Mining Announces Co-Lead Agent Addition to Proposed Private Placement
2023-03-14 05:31:17 VANCOUVER, British Columbia, March 14, 2023 (GLOBE NEWSWIRE) — Foran Mining Corp. (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company“) is pleased to announce Goldman Sachs Canada Inc. (“Goldman Sachs”) has been added as a co-lead agent and joint bookrunner to the Company’s recently announced proposed private placement (the “Offering“) for aggregate gross […]
Foran Mining Announces C$75 Million Brokered Private Placement
2023-03-13 10:28:01 VANCOUVER, British Columbia, March 13, 2023 (GLOBE NEWSWIRE) — Foran Mining Corp. (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company“) 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 (together the […]
Foran Announces Additional Drill Results from Tesla
2023-03-06 04:05:23 Highlight Intercepts Include 3.58% CuEq over 16.9m and 2.61% CuEq over 32.1m Strike Length Now 400m and Remains Open in All Directions New Lower Zone Discovered in Footwall with Notable Gold Assays Fourth Drill Rig Deployed To Accelerate Winter Drill Program VANCOUVER, BC, March 6, 2023 /CNW/ – Foran Mining Corporation (TSXV: FOM) (OTCQX: […]
Foran Mining Announces Initial Drill Results from 2023 Winter Program at Tesla
2023-02-16 04:13:42 Highlight Intercepts Include 4.04% Copper Equivalent over 17.4 Metres Tesla Strike Length Now Extended to 300m, Remains Open in All Directions Assays Pending for Two Holes Intersecting Sulphides Three Drill Rigs Now at Tesla VANCOUVER, BC, Feb. 16, 2023 /CNW/ – Foran Mining Corporation (TSXV: FOM) (OTCQX: FMCXF) […]
Foran Mining Obtains US$150M Project Finance Credit Facility in Significant De-Risking Milestone
2022-12-21 04:11:30 VANCOUVER, BC, Dec. 21, 2022 /CNW/ – Foran Mining Corporation (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce the closing of a US$150 million senior secured project credit facility (the “Credit Facility”) with a fund managed by Sprott Resource Lending Corp. (“Sprott”). Funds from the Credit Facility will be […]
Foran Announces Appointment of Terri Uhrich as Vice President, Legal and General Counsel
2022-12-19 04:04:29 VANCOUVER, BC, Dec. 19, 2022 /CNW/ – Foran Mining Corporation (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce the appointment of Ms. Terri Uhrich as Vice President, Legal and General Counsel, effective immediately. Ms. Uhrich has over 20 years of legal professional experience in both public and private sectors, including […]
Foran Mining Announces Expanded 2023 Exploration Plan and Advanced Exploration Decline Program Update
2022-11-30 04:15:42 Four Diamond Drill Rigs and up to 35,000m of Regional Drilling Planned for 2023 Tesla Drilling Already Underway Ahead of Winter Drill Program Increased Drilling Capacity to Further Unlock Potential District Scale Opportunity Long Lead-Time Items Procured at Prices In-Line with Feasibility Study Estimates VANCOUVER, BC, Nov. 30, […]
Foran Mining Announces C$33.4M of Warrant Exercises by Fairfax
2022-10-24 03:03:27 VANCOUVER, BC, Oct. 24, 2022 /CNW/ – Foran Mining Corporation (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce that certain entities controlled by Fairfax Financial Holdings Limited (collectively, “Fairfax”) have exercised its Warrants (as defined below) in advance of the expiration date. As part of a C$100 million private placement (the […]
Foran Announces Agreement with Sandvik to Supply Initial Battery Electric Equipment for McIlvenna Bay
2022-07-25 03:06:50 VANCOUVER, BC, July 25, 2022 /CNW/ – Foran Mining Corporation (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce an agreement with Sandvik to supply initial underground equipment for development at its 100%-owned McIlvenna Bay project in Saskatchewan. The initial equipment order includes battery electric underground drills, trucks, and loaders that will […]
Foran Mining Announces Exploration Results from Bigstone & Marconi
2022-06-28 03:09:41 Highlight intercept of 21m of 3.6% copper equivalent at Bigstone Marconi target now 900m in strike length and open in all directions VANCOUVER, BC, June 28, 2022 /CNW/ – Foran Mining Corporation (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to provide assay results from 14 holes drill […]
Foran Mining Announces Voting Results from 2022 AGSM
2022-05-26 14:08:41 VANCOUVER, BC, May 26, 2022 /CNW/ – Foran Mining Corporation (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce the voting results from the Company’s annual general & special meeting of shareholders held on May 26th, 2022 (the “AGSM”). A total of 74,293,946 common shares of the Company were represented […]
Foran Announces Long-Term Incentive Plan Grants
2022-03-17 14:10:23 VANCOUVER, BC, March 17, 2022 /CNW/ – Foran Mining Corporation (TSX.V: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) announces that, in accordance with its Long-Term Performance Incentive Plan and the policies of the TSX Venture Exchange, the Company has granted a total of 2,000,000 stock options (“Options”), 182,500 restricted share units (“RSUs”) and 200,000 […]
Foran Mining Intersects High-Grade Mineralization at Bigstone
2022-01-21 05:02:25 Grades up to 14% Zn over 9.5m in BS-21-245, 3.14% Cu and 5.49 g/t Au over 0.5m in BS-21-246 and 454 g/t Ag over 0.5m in BS-21-247 VANCOUVER, BC, Jan. 21, 2022 /CNW/ – Foran Mining Corporation (TSXV: FOM) (“Foran” or the “Company”), is pleased to report high-grade intercepts from three holes drilled during the […]
Foran Mining Announces 70% Increase in Indicated Resources at McIlvenna Bay
2021-10-14 04:03:45 Deposit Remains Open and Exploration Planning Underway for 2022 VANCOUVER, BC, Oct. 14, 2021 /CNW/ – Foran Mining Corporation (TSXV: FOM) (“Foran” or the “Company”) is pleased to announce an updated mineral resource estimate (the “2021 Resource Estimate”) for the Company’s 100%-owned McIlvenna Bay Deposit (“McIlvenna Bay” or the “Deposit”) located in east-central […]