FORAN MNG CORP. Aktie

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES All amounts are in Canadian dollars unless stated otherwise VANCOUVER, British Columbia, July 17, 2024 (GLOBE NEWSWIRE) -- Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce that in connection with the proposed brokered private placement announced on July 15, 2024, the Company has entered into an amending agreement with Eight Capital, as co-lead agent and joint bookrunner with BMO Capital Markets and National Bank Financial, on behalf of a syndicate of agents (together, the “Agents”), to increase the size of the offering from $222,000,008 to $260,891,830 (the “Brokered Offering”). The Brokered Offering will now consist of (i) 57,010,327 common shares of the Company (the “Common Shares”) at an issue price of $4.05 per Common Share, for gross proceeds of $230,891,824; and (ii) 4,501,874 Common Shares to be issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) (the “FT Shares”), with 2,906,977 FT Shares to be issued at a price of $6.88 per share (the “SK FT Shares”) and 1,594,897 FT Shares to be issued at a price of $6.27 per share (the “Federal FT Shares”), for gross proceeds of $30,000,006.» Mehr auf globenewswire.com

Strategic Investment by Cornerstone Investors supports McIlvenna Bay's Development and Future Upside Opportunities» Mehr auf globenewswire.com

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, British Columbia, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce that in connection with the previously announced private placement on November 27, 2023 (the “Offering”), the Company together with BMO Capital Markets as sole bookrunner and co-lead agent together with Eight Capital and National Bank Financial as co-lead agents, on behalf of a syndicate of agents (together the “Agents”), have sized the Offering at C$200 million. The Offering will consist of (i) 46,350,000 common shares of the Company (the “Common Shares”) at an issue price of C$4.10 per Common Share, for gross proceeds of C$190 million; and (ii) 1,563,000 Common Shares with each such Common Share to be issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) (the “FT Shares”) at an issue price of C$6.40 per FT Share, for gross proceeds of C$10 million.» Mehr auf globenewswire.com