Foran Mining Closes $1.6 million Flow-Through Financing

Base Metals Investing

Foran Mining Corporation (TSXV:FOM) announced that the previously announced $1,600,000 non-brokered private placement has closed, and was fully allocated.

Foran Mining Corporation (TSXV:FOM) announced that the previously announced $1,600,000 non-brokered private placement has closed, and was fully allocated.

As quoted in the press release:

The Placement was fully allocated and the Company raised proceeds of $1,600,000, which consisted 6,400,000 common shares in the capital stock of the Company (the “Shares”) at a price of $0.25 per Share.

Click here to read the Foran Mining Corporation (TSXV:FOM) press release
Click here to see the Foran Mining Corporation (TSXV:FOM) profile.

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