Strong Conductor and Gravity Anomalies Identified on Forum Uranium's Costco Trend near Key Lake
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2017) - Forum Uranium Corp. (TSXV: FDC) ("Forum") announces the completion of a ground electro-magnetic (EM) survey and ground gravity geophysical program on its 100% owned Costco property (formerly the Key Lake Road Project). These surveys, which have identified several areas of interest for future drilling (See Figures 1 & 2), are part of Forum's continuing efforts to have all its major exploration projects drill ready for the second...
2017-06-06 9:00 AM EDT
Forum Identifies New Drill Targets on Its Highrock Project near Key Lake in Saskatchewan's Athabasca Basin
Vancouver, British Columbia--(Newsfile Corp. - April 26, 2017) - Forum Uranium Corp. (TSXV: FDC) ("Forum") is pleased to announce that the ground gravity survey conducted on its 100% owned Highrock project (see news release dated March 28, 2017) has identified several new areas of interest at the north end of the Property, closest to the Key Lake deposits. The results of the 100m X 100m station density survey show several new gravity lows, interpreted to be caused by clay alteration systems...
2017-04-26 9:00 AM EDT
Forum Appoints Vice-President, Corporate Development
Vancouver, British Columbia--(Newsfile Corp. - April 4, 2017) - Forum Uranium Corp. (TSXV: FDC) ("Forum") is pleased to announce the appointment of Craig Christy as Vice-President of Corporate Development. Mr. Christy is CEO and a Managing Partner with Christy & Associates Planning Consultants Ltd., a planning and corporate consulting firm based in in the Okanagan Valley, BC. Craig focuses on strategic planning, corporate development and investor relations. With over 15 years executive...
2017-04-04 9:00 AM EDT
Forum Initiates Geophysical Program to Refine Drill Targets on Its Costco and Highrock Projects near Key Lake in Saskatchewan's Athabasca Basin
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2017) - Forum Uranium Corp. (TSXV: FDC) ("Forum") announces the commencement of a geophysical program on its 100% owned Costco (formerly Key Lake Road Project) and Highrock projects. These projects cover the southern extension of the graphitic conductive unit that hosts the Key Lake deposits, where over 200 million pounds of uranium were mined by open pit methods at an average grade of 2.3% U3O8 from 1983 to 1997. Regional...
2017-03-28 9:00 AM EDT
Forum Uranium: Corporate Update and 2017 Exploration Plans for the Athabasca Basin
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2017) - Forum Uranium Corp. (TSXV: FDC) ("Forum" or the "Company") is pleased to provide shareholders with an update of the Company's corporate activities and exploration plans for 2017. Forum holds an extensive portfolio of near surface uranium exploration projects in Canada's Athabasca Basin, which hosts the highest grade uranium deposits in the world. The Company is well positioned to benefit from improved uranium markets with seven...
2017-03-01 9:00 AM EST
Forum and Uracan Intersect 6.5 Metres of 4.34% Zinc, Clearwater Project, Patterson Lake South Area
Vancouver, British Columbia--(Newsfile Corp. - February 16, 2017) - Forum Uranium Corp. (TSXV: FDC) ("Forum") and Uracan Resources Ltd. (TSXV: URC) ("Uracan") announce the intersection of 4.34% zinc and 0.3% lead over 6.5 metres from 259.5m to 266.0m in hole CW-16 on Forum's Clearwater Project. The sample was reanalysed at SRC Geoanalytical Laboratories and returned 4.54% zinc and 0.275% lead. This interval occurs within a 30.2m zone (241.8 - 272.0m) of anomalous zinc mineralization with...
2017-02-16 4:34 PM EST
Forum Uranium Closes Final Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2017) - Forum Uranium Corp. (TSXV: FDC) ("Forum" or the "Company") announces that it has closed the final tranche of its private placement previously announced on December 15, 2016 and January 5, 2017. The Company has raised an additional $206,400 through the issuance of 175,000 flow through common shares at a price of $0.08 per flow through share and 2,405,000 units at a price of $0.08 per unit. Each unit consists of one common share...
2017-01-16 9:00 AM EST
Forum Increases Private Placement to $1.65 Million
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2017) - Forum Uranium Corp. (TSXV: FDC) is pleased to announce that, due to a strong response from investors, the Company has increased its non-brokered private placement financing to $1,650,000 from the initially targeted $1,500,000 as set out in the Company`s news release dated December 15, 2016. The amended financing will be completed through the issuance of a combination of units ("Unit") and flow through shares ("FT Share") at a...
2017-01-05 3:30 PM EST
Forum Uranium Closes Second Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 3, 2017) - Forum Uranium Corp. (TSXV: FDC) ("Forum" or the "Company") announces that it has closed the second tranche of its private placement previously announced on December 15, 2016. The Company has raised an additional $416,000 th
2017-01-03 9:00 AM EST
Forum Uranium Closes First Tranche of Private Placement with New Strategic Investor
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2016) - Forum Uranium Corp. (TSXV: FDC) ("Forum" or the "Company"). is pleased to announce the closing of its first financing tranche and strategic investment by private equity firm Holystone Energy Company Limited ("Holystone"), a subsidiary of Holystone Investment International Company Limited headquartered in Shanghai, China. Holystone is an active international investor in clean energy projects and related companies. Forum has...
2016-12-21 7:00 AM EST
Forum Increases Private Placement to $1.5 Million
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2016) - Forum Uranium Corp. (TSXV: FDC) is pleased to announce that, due to a strong response from investors, the Company has increased its non-brokered private placement financing to $1,500,000 from the initially targeted $1,100,000 as set out in the Company`s news release dated December 13, 2016. The amended financing will be completed through the issuance of a combination of units ("Unit") and flow through shares ("FT Share") at a...
2016-12-15 4:15 PM EST
Forum Announces $1.1 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2016) - Forum Uranium Corp. (TSXV: FDC) is pleased to announce a non-brokered private placement of up to $1,100,000 through the issuance of a combination of units ("Unit") and flow through shares ("FT Share") at a price of $0.08 per each Unit and FT Share. Each Unit will be comprised of one common share and one share purchase warrant (a "Warrant"). Each whole Warrant is exercisable to purchase one common share of the Company at a...
2016-12-13 4:15 PM EST
Forum Uranium Gravity and Soil Surveys Identify Multiple Drill Targets on Fir Island Project, Athabasca Basin, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2016) - Forum Uranium Corp. (TSXV: FDC) ("Forum" or the "Company"), is pleased to announce positive results from its summer gravity and till sampling programs on the 100% owned Fir Island project, located along the north rim of the Athabasca Basin, northern Saskatchewan. Fir Island is located 200 kilometres by road to the Areva/Denison McLean uranium processing facility. Highlights Six high interest gravity anomalies were identified...
2016-11-22 8:30 AM EST
Uracan and Forum Provide Update on Drilling at Clearwater Property on Southwest Extension of Patterson Lake Trend
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2016) - Forum Uranium Corp. (TSXV: FDC) ("Forum") and Uracan Resources Ltd. (TSXV: URC) ("Uracan") are pleased to announce an update on the ongoing drill program on Forum's 100% owned Clearwater Project, on trend from Fission Uranium's Triple R deposit and Nexgen Energy's Arrow Deposit in the Athabasca Basin, Saskatchewan. The exploration drilling program previously announced on September 29, 2016 will be extended. Mongo Lake Area The...
2016-11-07 9:00 AM EST
Forum Uranium Intersects 87 ppm Uranium at Its 100% Owned Karpinka Property South of the Key Lake Mine, Athabasca Basin, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - October 18, 2016) - Forum Uranium Corp. (TSXV: FDC) ("Forum" or the "Company") is pleased to announce results from its summer drill program on the road accessible 100% owned Karpinka project, located along Highway 914 approximately 30 km southwest of the Key Lake mill. A widely spaced, four-hole drill program totaling 576 metres on shallow targets was based on data from existing ground gravity, ground EM, magnetic and soil gas hydrocarbon surveys...
2016-10-18 9:00 AM EDT
Rio Tinto Exploration Canada Commences a Resistivity Survey on Forum's 40% Owned Henday Property, Athabasca Basin
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2016) - Forum Uranium Corp. (TSXV: FDC) ("Forum") announces that Rio Tinto Exploration ("RTX") has commenced an 81 line km DCIP resistivity survey by Discovery International Geophysics Inc. on the Henday property held 60% by RTX and 40% by Forum. The survey is following up target areas that were drilled this past winter and one new target area. The survey is a pole-dipole and pole-pole array type with receiver dipole lengths of 50m and...
2016-10-04 9:00 AM EDT
Forum and Uracan Commence Drilling on Clearwater Property in Patterson Lake South Area
Vancouver, British Columbia--(Newsfile Corp. - September 29, 2016) - Forum Uranium Corp. (TSXV: FDC) ("Forum") and Uracan Resources Ltd. (TSXV: URC) ("Uracan") announce the commencement of a 3,000 metre drill program on Forum's 100% owned Clearwater Project, on trend from Fission Uranium's Triple R deposit and Nexgen Energy's Arrow Deposit in the Athabasca Basin, Saskatchewan (Figure 1). The Patterson Lake Corridor continues to yield significant uranium mineralization 840 metres to the...
2016-09-29 9:00 AM EDT