Canada Growth Fund announces strategic investment in Foran Mining, a Western Canadian-based critical minerals mining company
VANCOUVER, BC, May 14, 2025 /CNW/ – Canada Growth Fund Inc. (“CGF“) is pleased to announce its cornerstone participation in a $350M strategic non-brokered private placement (the “Private Placement” or “Offering”) by Foran Mining Corporation (TSX: FOM) (“Foran” or the “Company“), a Saskatchewan-operating copper mining company involved in the exploration, development and operation of mineral properties. CGF has agreed to commit approximately $156M alongside co-investors including Agnico Eagle Mines Limited (TSX: AEM) (“Agnico“), a blue-chip Canadian mining company, certain affiliates of Fairfax Financial Holdings Limited (TSX: FFH) (collectively, “Fairfax“), a Canadian…
