| Pierre Lassonde Increases Ownership in Foran Mining Corporation | |
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TORONTO , Sept. 24, 2014 /CNW/ - Mr. Pierre Lassonde announced today that he has recently purchased 931,500 common shares of Foran Mining Corporation (FOM.V) (the "Company") through the facilities of the TSX Venture Exchange.
As a result of these purchases, Mr. Lassonde currently owns or exercises control and direction over 9,171,069 common shares of the Company. Mr. Lassonde's current shareholdings represent approximately 12.14% of the current issued and outstanding common shares of the Company. Mr. Lassonde has further advised the Company that he has acquired the additional 931,500 common shares for investment purposes. He has indicated that he will review his holdings from time to time and that he may increase or decrease his position as future circumstances may dictate.
SOURCE Pierre Lassonde
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Foran Mining Corp.
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CODE : FOM.TO |
ISIN : CA3449112018 |
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Foran Mining is a copper exploration company based in Canada. Foran Mining holds various exploration projects in Canada. Its main exploration properties are KISSEYNEW, LEO LAKE and MCILVENNA BAY-HANSON LAKE in Canada. Foran Mining is listed in Canada. Its market capitalisation is CA$ 389.9 millions as of today (US$ 287.6 millions, € 258.7 millions). Its stock quote reached its highest recent level on May 17, 2024 at CA$ 4.67, and its lowest recent point on August 09, 2024 at CA$ 3.43. Foran Mining has 98 970 000 shares outstanding. |