FORAN MINING CORP, FUNDING

About Foran Mining Corp. Foran Mining is a copper-zinc-gold-silver exploration and development company, and we are planning to build the first mine in Canada designed to be carbon neutral from day one. We are in the feasibility stage of development for our flagship McIlvenna Bay project in eastern Saskatchewan. McIlvenna Bay is a copper-zinc-gold-silver rich VMS deposit intended to be the center of a new mining camp in a prolific district that has already been producing for 100 years. McIlvenna Bay sits just 65km from Flin Flon, Manitoba and is part of the world class Flin Flon Greenstone Belt that extends from Snow Lake, Manitoba, through Flin Flon to Foran's ground in eastern Saskatchewan, a distance of over 225km. McIlvenna Bay is the largest undeveloped VMS deposit in the region. The Company filed a NI 43- 101 Technical Report for the PFS on the McIlvenna Bay Deposit on SEDAR on April 28, 2020.