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Foran Secures C$67 Million Equipment Finance Facility for McIlvenna Bay

Newswire.ca - Thu Sep 7, 2023

VANCOUVER, BC, Sept. 7, 2023 /CNW/ - Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to announce it has received approval for and entered into a strategic equipment finance arrangement (the "Facility") with Sandvik Financial Services Canada. The Facility is intended to cover the initial battery electric vehicle mining fleet and essential components, such as charging stations and batteries, provided by Sandvik Mining and Construction Canada Inc. and used for development and operation of its 100%-owned McIlvenna Bay Complex (the "Project") in Saskatchewan.

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