June 15 (Reuters) - Foran Mining Corp FOM.V :
* Intends to complete a non-brokered private placement
financing of 5.8 million units at a price of $0.17 per unit
* Net proceeds of offering will be used to conduct
additional metallurgical studies on company's 100% owned
Mcilvenna bay project
* Foran Announces $1,000,000 Non-Brokered private placement
Source text for Eikon: ID:nCCNKwQ1B
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