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Foran Mining Corporation

Mining Vancouver, BC, Canada ~360 employees

Founded

Employees (Est.)

~360

18 leaders known

Total Funding

$3.7B

Funding Rounds

Last Funding

2025-09-11

About Foran Mining Corporation

Foran Mining Corporation is a new kind of mining company focused on building a future based on solid values, daring ideas, and bold actions. Their beliefs and aspirations drive their success and define the opportunities ahead.

Products & Services

McIlvenna Bay Project:Developing a significant and scalable resource targeting critical metal production.

Specialties

Critical Metal Production Scalable Resource Development

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Royalty Tax Credits T: - FT: Royalty Tax Credits	A: 70000000 MR: - FA: C$70 million FAN: 70000000	D: 2025-09-11 FD: 2025-09-11	1 investors
2	RT: Private Placement T: - FT: Private Placement	A: 54491274 MR: - FA: $54,491,274 FAN: 54491274	D: 2025-07-11 FD: 2025-07-11	3 investors
3	RT: Equity Offering T: - FT: Equity Offering	A: 54000000 MR: - FA: $54 million FAN: 54000000	D: 2025-07-10 FD: 2025-07-10	-
4	RT: Private Placement T: - FT: Private Placement	A: 295508727 MR: - FA: 295,508,727 FAN: 295508727	D: 2025-05-28 FD: 2025-05-28	2 investors
5	RT: Non-Brokered Private Placement T: - FT: Non-Brokered Private Placement	A: 350000000 MR: - FA: $350 million FAN: 350000000	D: 2025-05-14 FD: 2025-05-14	4 investors
6	RT: Private Placement T: - FT: Private Placement	A: 90000000 MR: - FA: C$90,000,000 FAN: 90000000	D: 2025-05-14 FD: 2025-05-14	1 investors
7	RT: Private Placement T: - FT: Private Placement	A: 253623188 MR: - FA: $350 million FAN: 253623188	D: 2025-05-13 FD: 2025-05-13	1 investors
8	RT: Government Grant T: - FT: Government Grant	A: 41000000 MR: - FA: 41 million FAN: 41000000	D: 2025-01-28 FD: 2025-01-28	1 investors
9	RT: Government Contribution (Strategic Innovation Fund) T: - FT: Government Contribution (Strategic Innovation Fund)	A: 30400000 MR: - FA: C$41,000,000 FAN: 30400000	D: 2025-01-28 FD: 2025-01-28	1 investors
10	RT: Government Funding (Conditional Approval through Critical Minerals Infrastructure Fund) T: - FT: Government Funding (Conditional Approval through Critical Minerals Infrastructure Fund)	A: 14000000 MR: - FA: up to C$20 million FAN: 14000000	D: 2024-12-20 FD: 2024-12-20	1 investors
11	RT: Senior Secured Project Credit Facility T: - FT: Senior Secured Project Credit Facility	A: 250000000 MR: - FA: US$250 million FAN: 250000000	D: 2024-10-02 FD: 2024-10-02	1 investors
12	RT: Equity Offering T: - FT: Equity Offering	A: 70950788 MR: - FA: $70,950,788 FAN: 70950788	D: 2024-09-17 FD: 2024-09-17	-
13	RT: Private Placement T: - FT: Private Placement	A: 266000000 MR: - FA: CAD 360 million FAN: 266000000	D: 2024-09-17 FD: 2024-09-17	2 investors
14	RT: Private Placement T: - FT: Private Placement	A: 289052853 MR: - FA: 289,052,853 CAD (First Tranche); 360,000,000 CAD (Total Offering) FAN: 289052853	D: 2024-08-08 FD: 2024-08-08	11 investors
15	RT: Private Placement T: - FT: Private Placement	A: 360000000 MR: - FA: C$360,000,000 FAN: 360000000	D: 2024-07-17 FD: 2024-07-17	5 investors
16	RT: Equity Private Placement and Debt Financing T: - FT: Equity Private Placement and Debt Financing	A: 250000000 MR: - FA: 315 million FAN: 250000000	D: 2024-07-15 FD: 2024-07-15	3 investors
17	RT: Private Placement T: - FT: Private Placement	A: 200038200 MR: - FA: C$200,038,200 FAN: 200038200	D: 2023-12-12 FD: 2023-12-12	9 investors
18	RT: Private Placement T: - FT: Private Placement	A: 200000000 MR: - FA: C$200 million FAN: 200000000	D: 2023-11-29 FD: 2023-11-29	3 investors
19	RT: Private Placement T: - FT: Private Placement	A: 150000000 MR: - FA: C$200 million FAN: 150000000	D: 2023-11-27 FD: 2023-11-27	3 investors
20	RT: Equipment Finance Facility T: - FT: Equipment Finance Facility	A: 49000000 MR: - FA: C$67 million FAN: 49000000	D: 2023-09-07 FD: 2023-09-07	1 investors
21	RT: Brokered Private Placement T: - FT: Brokered Private Placement	A: 100000330 MR: - FA: C$100,000,330 FAN: 100000330	D: 2023-03-27 FD: 2023-03-27	-
22	RT: Private Placement T: - FT: Private Placement	A: 100000000 MR: - FA: C$100.0 million FAN: 100000000	D: 2023-03-15 FD: 2023-03-15	3 investors
23	RT: Private Placement T: - FT: Private Placement	A: 75000540 MR: - FA: up to C$75,000,540 FAN: 75000540	D: 2023-03-14 FD: 2023-03-14	3 investors
24	RT: Private Placement T: - FT: Private Placement	A: 75000540 MR: - FA: C$75,000,540 FAN: 75000540	D: 2023-03-13 FD: 2023-03-13	3 investors

Royalty Tax Credits Latest

2025-09-11

$70.0M

1 investor (Pro only)

Private Placement 2025-07-11

$54.5M

Equity Offering 2025-07-10

$54.0M

View 23 more funding rounds with Pro

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Team & Leadership

Dan Myerson

Executive Chairman and CEO

Maurice Tagami

Lead Independent Director

Majd Bakar

Director

Nancy Guay

Director

Marie Inkster

Director

Jessica McDonald

Director

View 15 more team members with Pro

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Key Competitors

Competitor Alpha

Series B · $50M raised

Competitor Beta

Series C · $120M raised

Competitor Gamma

Series A · $25M raised

Competitor Delta

Seed · $10M raised

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Company Details

Website: foranmining.com
Industries: Mining
Company Size: ~360 employees (est.)
Locations: Vancouver, BC, Canada

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Foran Mining Corporation

About Foran Mining Corporation

Products & Services

Specialties

Funding History

Growth Metrics

Team & Leadership

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