Foran Mining Reports 2014 Year End Financial Results

Foran Mining Corporation (TSXV:FOM) announced its financial results for 2014, which show a net loss of C$1.46 million or $0.02 per share compared to $2.80 million or $0.04 per share for the same period in 2013.

As quoted in the press release:

As at December 31, 2014, the Company had a total of $4.05 million in cash and cash equivalents (December 31, 2013: $4.28 million). Working capital totaled $3.98 million (December 31, 2013: $4.26 million).

The audited Consolidated Financial Statements for the year ended December 31, 2014, along with Management’s Discussion and Analysis, have been filed on SEDAR and are available at www.sedar.com.

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