Brief: Foran Obtains $150 Mln Project Finance Credit In De-Risking Milestone

Foran Mining

21/12/2022 11:17

Dec 21 (Reuters) - Foran Mining Corp  FOM.V :
    * FORAN OBTAINS US$150M PROJECT FINANCE CREDIT FACILITY IN
SIGNIFICANT DE-RISKING MILESTONE
    * FORAN MINING CORP - FUNDS FROM CREDIT FACILITY WILL BE
USED
TOWARDS CONSTRUCTION OF MCILVENNA BAY PROJECT IN EAST-CENTRAL
SASKATCHEWAN
    * FORAN MINING CORP - FORAN HAS RECEIVED AN INITIAL ADVANCE
OF
US$29.5 MILLION

Source text for Eikon:  ID:nCNWBXjTFa 
Further company coverage:  FOM.V 
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