Foran Mining Welcomes Visionary Leader John Munro to Its Esteemed Board of Directors

Foran Mining Corporation (TSX: FOM), a pioneering force in sustainable resource development, today announced a pivotal enhancement to its corporate governance with the strategic appointment of Mr. John Munro to its Board of Directors. This significant addition underscores Foran’s commitment to reinforcing its leadership team with seasoned experts who can guide the company through its next phase of ambitious growth and sustainable innovation.

Mr.

Munro brings an exceptional wealth of experience and a distinguished track record across the financial, corporate governance, and natural resources sectors. His career is marked by a deep understanding of capital markets, strategic planning, and operational excellence, making him an invaluable asset as Foran advances its flagship McIlvenna Bay Project and continues to build a multi-mine district in Saskatchewan's Flin Flon Greenstone Belt.

“We are absolutely thrilled to welcome John Munro to our Board,” stated Dan Myerson, Executive Chairman and CEO of Foran Mining.

“John’s unparalleled expertise in navigating complex financial landscapes and his profound insights into corporate strategy will be instrumental as we transition from a developer to a leading, sustainable mining producer. His commitment to robust governance and shareholder value aligns perfectly with Foran’s core principles and our vision for responsible resource development.

This appointment marks a critical milestone in our journey, fortifying our board with a leader who shares our dedication to innovation and sustainability.”

Prior to joining Foran, Mr. Munro held senior leadership positions at several prominent organizations, where he was instrumental in overseeing significant capital raises, strategic mergers, and complex corporate restructurings.

His background in fostering strong investor relations and guiding companies through periods of transformational growth will be particularly beneficial to Foran as it continues to attract investment and solidify its position as an industry leader.

Mr. Munro commented on his appointment, saying, “I am incredibly excited to join Foran Mining at such a dynamic and pivotal time.

The company’s innovative approach to sustainable mining, coupled with the immense potential of the McIlvenna Bay project, presents a unique opportunity to contribute to a future where resource development is synonymous with environmental stewardship and community prosperity. I look forward to working closely with the Board and the management team to help realize Foran’s ambitious goals and deliver exceptional value to all stakeholders.”

The addition of Mr.

Munro to the Board is expected to significantly bolster Foran’s strategic oversight, enhance its financial acumen, and strengthen its commitment to best-in-class environmental, social, and governance (ESG) practices. His insights will be crucial in guiding Foran’s ongoing efforts to develop the world’s first carbon-neutral mine, setting new benchmarks for the global mining industry.