On February 2, 2021, Foran Mining Corporation closed a marketed best efforts private placement of (i) 11,539,000 common shares at a price of C$0.65 per common share for gross proceeds of C$7.5 million; and (ii) 19,126,000 flow-through common shares at a price of C$0.915 per flow-through common share for gross proceeds of C$17.5 million. The common shares and flow-through common shares were offered and sold on a "best efforts" basis through a syndicate of agents led by PI Financial Corp.
Fasken represented PI Financial Corp. with a team that included Brad Freelan, Markus Liik, Ryan Kleinman, Arie van Wijngaarden, and Nazish Mirza.
Fasken represented PI Financial Corp. with a team that included Brad Freelan, Markus Liik, Ryan Kleinman, Arie van Wijngaarden, and Nazish Mirza.
Jurisdiction
- Ontario
