Canada Growth Fund announces strategic investment in Foran Mining, a Western Canadian-based critical minerals mining company
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 holding company which, through its subsidiaries, is primarily engaged in property and casualty…
