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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 22, 2014) - Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") is pleased to announce that it has closed the previously announced non-brokered private placement (the "Placement"; see the Foran news release dated December 12, 2014). The Placement was fully allocated and the Company raised proceeds of $1,600,000, which consisted 6,400,000 common shares in the capital stock of the Company (the "Shares") at a price of $0.25 per Share. |
