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FMCXF (Foran Mining Corporation) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
/PRNewswire/ -- USANewsGroup.com News Commentary - The global copper market just flipped from surplus to deficit, and the numbers are hard to ignore. The
Foran Mining Co. (OTCMKTS:FMCXF - Get Free Report)'s stock price fell 4.7% during trading on Wednesday. The stock traded as low as $4.60 and last traded at $4.64. 32,543 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 245,905 shares. The stock had previously closed at $4.87.
Eldorado Gold Corp (TSX:ELD) announced it has reached an agreement to acquire Foran Mining Corporation (TSX-V:FOM, OTCQX:FMCXF) in a transaction valued at...
Foran Mining's McIlvenna Bay Project is set to begin commercial production in 2026, with substantial reserves of copper, zinc, gold, and silver. The company is financially solid with over $363 million in cash and a credit facility, ensuring project completion. Conservative copper price assumptions and promising exploration efforts at the Tesla zone suggest potential upside despite the stock appearing fully valued.
41m of Contiguous Mineralization Highlighted by 8m at 3.00% CuEq Followed by 33m Grading 1.39% CuEq Results Highlight Further Expansion Opportunities of the McIlvenna Bay Deposit Ongoing Tesla Zone Exploration to Support Future Maiden Resource Estimate VANCOUVER, BC , Feb. 27, 2025 /PRNewswire/ - Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to announce initial results from its 2025 winter drill program at the Company's 100%-owned McIlvenna Bay Project in east-central Saskatchewan, confirming a significant down plunge expansion of the McIlvenna Bay Deposit at depth. The first drill hole of the winter program had the dual aim of testing the interpreted potential extension of the McIlvenna Bay Deposit and further delineating the Bridge Zone.
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.
Strategic Investment by Cornerstone Investors supports McIlvenna Bay's Development and Future Upside Opportunities
/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.
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