Global Trade Alert
Global Trade Alert

Canada: Canada Growth Fund invests CAD 156 million in Foran Mining

Announcement

14 May 2025

In May 2025, the Canada Growth Fund, a federal government investment vehicle, announced an equity investment of CAD 156 (USD 111.85) million in Foran Mining Corporation as part of a larger CAD 350 (USD 250.94) million private placement. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 May 2025

Revocation date:

No revocation date

Updated: 14 May 2025
Capital injection and equity stakes (including bailouts) In force

On 14 May 2025, the Canada Growth Fund, a federal government investment vehicle, announced its participation in a CAD 350 (USD 250.94) million private placement by Foran Mining Corporation, a Saska...

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