Foran Mining Corporation

Foran Mining Corporation

August 20, 2007 14:55 ET

Foran Announces Amendment to Private Placement

SASKATOON, SASKATCHEWAN--(Marketwire - Aug. 20, 2007) - Foran Mining Corporation ("Foran") (TSX VENTURE:FOM) announces that further to the News Release of June 25, 2007 announcing a private placement, the Company has amended the price for the flow-through units to $0.20 per unit with the exercise price of the attached warrants remaining at $0.25.

It is anticipated that this offering will now close on or about September 30, 2007. This amendment is subject to the approval of the TSX Venture Exchange.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

Contact Information

  • Foran Mining Corporation
    Allyson Stephens
    CFO/Corporate Secretary
    (306) 956-0157