Brief: Foran announces $1 mln non-brokered private placement

Foran Mining

15/06/2016 14:15

June 15 (Reuters) - Foran Mining Corp  FOM.V : 
    * Intends to complete a non-brokered private placement 
financing of 5.8 million units at a price of $0.17 per unit 
    * Net proceeds of offering will be used to conduct 
additional metallurgical studies on company's 100% owned 
Mcilvenna bay project 
    * Foran Announces $1,000,000 Non-Brokered private placement 
 
Source text for Eikon:  ID:nCCNKwQ1B  
Further company coverage:  FOM.V  
 
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