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Foran upsizes McIlvenna Bay raise to C$261M

Agnico maintains 9.9% stake

Paul Harris
Foran Mining has high hopes for McIlvenna Bay in Saskatchewan Credit: Foran

Foran Mining has high hopes for McIlvenna Bay in Saskatchewan Credit: Foran

Foran Mining has increased its C$222 million brokered private placement to $261 million, which will see Agnico Eagle Mines invest $99 million to maintain its 9.9% interest in the company. The company's...

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