Foran Mining Corporation — Proxy Solicitation & Information Statement 2025

Apr 7, 2025

FORAN

Notice of Availability of Proxy Materials for Foran Mining Corporation's Annual Meeting of Shareholders

Meeting Date and Time: May 8, 2025 at 1:00 pm (Pacific time)

Location: Suite 904, 409 Granville Street, Vancouver, British Columbia

Please be advised that the proxy materials for the above noted securityholder meeting are available for viewing and downloading online. This document provides an overview of these materials, but you are reminded to access and review the management information circular dated March 24, 2025 (the "Circular") and other proxy materials available online prior to voting. These materials are available at:

https://foranmining.com/investors/#agm

OR

www.sedarplus.ca

Obtaining Paper Copies of the Proxy Materials

Securityholders may request to receive paper copies of the proxy materials related to the above referenced meeting by mail at no cost. Requests for paper copies must be received by April 24, 2025 in order to receive the paper copy in advance of the meeting. Shareholders may request to receive a paper copy of the proxy materials for up to one year from the date the proxy materials were filed on www.sedarplus.ca.

For more information regarding notice-and-access or to obtain a paper copy of the Materials you may contact our transfer agent, Odyssey Trust Company, via https://odysseytrust.com/ca-en/help/ or by phone at 1-888-290-1175 (toll-free within North America) or 1-587-885-0960 (direct from outside North America).

Notice of Meeting

The resolutions to be voted on at the meeting are listed below and described in detail in the Circular under the heading "Matters to be Acted Upon":

1. Appointment of Auditors: appointing KPMG LLP as the Company's auditors and authorizing the directors to fix their remuneration.
2. Number of Directors: setting the number of directors to be appointed at eight (8) for the ensuing year.
3. Election of Directors: electing the directors who will serve until the end of the Company's next annual shareholder meeting.

Voting

To vote your securities, please refer to the instructions on the enclosed Proxy or Voting Instruction Form. Your Proxy or Voting Instruction Form must be received by 1:00 pm (Pacific Time) on May 6, 2025.

Stratification

The Issuer is providing paper copies of its Circular only to those registered shareholders and beneficial shareholders that have previously requested to receive paper materials.

Annual Financial Statements

The Issuer is providing paper copies or emailing electronic copies of its annual financial statements to registered shareholders and beneficial shareholders that have opted to receive annual financial statements and have indicated a preference for either delivery method.