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Home : Foran Extinguishes Back-In Rights on Bigstone, Balsam and Hanson Properties; Continues to Strengthen Shareholder Base |
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Oct 07 2014 |
Foran Extinguishes Back-In Rights on Bigstone, Balsam and Hanson Properties; Continues to Strengthen Shareholder Base |
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 6, 2014) - Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") is pleased to announce that it has reached an agreement (the "Agreement") with Teck Resources Limited ("Teck") to extinguish Teck's back-in rights on Foran's Bigstone, Balsam and Hanson properties (the "Properties") located in east-central Saskatchewan, as defined in the November 11, 2003 Purchase and Sale Agreement between Foran and Aur Resources Inc. (now Teck). |
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Source:http://www.marketwired.com/mw/release.do?id=1954919&sourceType=3 |
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