McIlvenna Bay: 2 of 4
ENERGY MINERALS
Foran upsizes McIlvenna Bay raise to C$261M
Agnico maintains 9.9% stake
18 July 2024
BASE METALS
Foran closes $150 mil credit facility with Sprott
The facility is at an interest rate of 6.95% plus the greater of SOFR and 2% per annum
22 December 2022
PROJECT FINANCE
Foran boost from Fairfax early warrant exericse
Debt package before year end
25 October 2022
BASE METALS
Foran hooks C$200 mil investment to McIlvenna Bay
The parties intend to enter a definitive agreement in Q3
08 August 2022
BASE METALS
Foran de-risks McIlvenna timeline and capital costs
Exploration decline given the OK at Saskatchewan gold project
16 February 2022
ENERGY MINERALS
Foran McIlvenna Bay feasibility and financing in 2022
Mining company of the future planned
21 October 2021
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