Foran Mining (TSE:FOM) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Foran Mining Corporation has secured shareholder approval to proceed with the second tranche of their $360M offering, with an expected completion date of September 17, 2024, for a gross amount of approximately $71M. This marks a significant step for the company, which is focused on developing its flagship McIlvenna Bay Project in a historic mining region, alongside other key assets like the Bigstone Deposit.
For further insights into TSE:FOM stock, check out TipRanks’ Stock Analysis page.
