Forum Commences Drilling on Its Thelon Basin Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") announces that it has commenced a 2,000 metre drill program on its Thelon Basin uranium project located 100 km west of the Hamlet of Baker Lake, Nunavut. Forum holds a 100% interest in 95,000 hectares of ground that Cameco Corporation formerly held and extensively drilled from 2008 to 2012 adjacent to Orano's 133 million pound Kiggavik uranium deposit (Figure1).
2023-07-18 8:30 AM EDT
Forum Energy Metals and Traction Uranium Complete Airborne Geophysical Survey on the Grease River Project, Athabasca Basin
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) (the "Company" or "Forum") and Traction Uranium Corp. (CSE: TRAC) (OTCQB: TRCTF) (FSE: Z1K) ("Traction") are pleased to announce they have completed an airborne magnetic, electromagnetic (EM) and radiometric survey on Forum's 100%-owned Grease River Project, located along the north rim of the Athabasca Basin, Saskatchewan. A total of 1,353 line-km were surveyed at a 100 metre line spacing using a New Resolution...
2023-06-28 8:30 AM EDT
Forum Closes $3 Million Flow Through Share Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") announces that it has closed its previously announced non-brokered private placement for proceeds of $2,999,923 through the issuance of 22,221,649 flow through shares (the "FT Shares") at a price of $0.135 per FT Share (see news release dated May 24, 2023). Forum holds a 100% interest in 95,000 hectares of ground that Cameco Corporation extensively drilled from 2008 to...
2023-06-21 4:15 PM EDT
Forum Announces $3 Million Non-Brokered Flow Through Share Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 24, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") announces a non-brokered private placement of up to $3,000,000 through the issuance of up to 22,222,222 flow through shares (the "FT Shares") at a price of $0.135 per FT Share. Proceeds raised from the issuance of the FT Shares will be used by Forum to conduct a 2,000 metre drill program on its Nunavut Uranium Project in July, 2023...
2023-05-24 8:00 AM EDT
Forum Closes Final Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") announces that, further to its news releases of April 17th and April 28th, 2023, it has closed its non-brokered private placement and raised an additional $937,432 through the issuance of 3,254,320 units ("NFT Units") at a price of $0.10 per NFT Unit and 5,100,000 flow through units at a price of $0.12 per flow through unit (the "Final Tranche").Each NFT...
2023-05-19 4:08 PM EDT
Forum Energy Metals and Traction Uranium Commence Airborne Geophysical Survey on the Grease River Project, Athabasca Basin
Vancouver, British Columbia--(Newsfile Corp. - May 10, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) (the "Company" or "Forum") and Traction Uranium Corp. (CSE: TRAC) (OTCQB: TRCTF) (FSE: Z1K) ("Traction") are pleased to announce they have commenced an airborne magnetic, electromagnetic (EM) and radiometric survey on Forum's 100%-owned Grease River Project, located along the north rim of the Athabasca Basin, Saskatchewan. The helicopter-borne survey will be conducted using a New Resolution Geophysics specially designed Xcite™ Time Domain Electromagnetic...
2023-05-10 8:30 AM EDT
Forum Closes First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") announces that it has closed the first tranche of its non-brokered private placement announced on April 17, 2023. The Company raised $523,600 through the issuance of 900,000 units ("NFT Units") at a price of $0.10 per NFT Unit and 3,613,334 flow through units ("FT Units") at a price of $0.12 per FT Unit.Each NFT Unit is comprised of one...
2023-04-28 8:00 AM EDT
Forum Announces up to $2 Million Non-Brokered Private Placement to Drill the Nunavut Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") announces a non-brokered private placement of up to $2,000,000 through the issuance of a combination of units (the "NFT Units") at a price of $0.10 per NFT Unit and flow through units (the "FT Units") at a price of $0.12 per FT Unit. Proceeds raised from the issuance of the FT Units will be used by Forum to conduct...
2023-04-17 8:00 AM EDT
Drilling Intersects Anomalous Uranium at Forum's Wollaston Project, Athabasca Basin, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") is pleased to announce that it has completed seven holes for 2,031 metres on its 100% owned Wollaston Lake Projected located 10 km southeast of Cameco's Rabbit Lake mill and 30 km southeast of Orano/Dennison's McClean Lake mill (Figure 1).Highlights:Complete ground gravity coverage over prospective conductive trends.Anomalous uranium and boron in two drill holes along Gizmo trend requires...
2023-04-03 8:30 AM EDT
Forum Energy Metals Announces Agreement to Acquire Rio Tinto's Interest in Janice Lake Project
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) (the "Company" or "Forum") is pleased to announce that it has reached an agreement with Rio Tinto Exploration Canada Inc. ("RTEC") whereby the Company will acquire all of RTEC's interest (the "Acquired Interest") in the Janice Lake sedimentary copper project in northern Saskatchewan (the "Project"), giving Forum a 100% interest in the Project.Rick Mazur, President & CEO stated, "This agreement allows Forum to...
2023-03-06 8:30 AM EST
Forum Energy Metals Activities at the 2023 Red Cloud Pre-PDAC Conference and the PDAC Conference in Toronto
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2023) - You are welcome to join Forum Energy Metals (TSXV: FMC) (OTCQB: FDCFF) at the Red Cloud Pre-PDAC Mining Showcase on Thursday, March 2nd and Friday, March 3rd followed by the Investor Exchange Booth #2825 at the 2023 PDAC, being held at the Metro Toronto Convention Centre, Sunday March 5th through Wednesday March 8th.Technical meetings with management and partnering inquiries on Forum's portfolio of uranium, copper, nickel and cobalt projects in Saskatchewan,...
2023-03-01 4:00 PM EST
Forum Energy Metals and Traction Uranium Engage Axiom Exploration Group to Conduct Airborne Magnetic, Electromagnetic and Radiometric Survey on the Grease River Project
Vancouver, British Columbia--(Newsfile Corp. - February 21, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) (the "Company" or "Forum") and Traction Uranium Corp. (CSE: TRAC) (OTCQB: TRCTF) (FSE: Z1K) ("Traction") are pleased to announce they have engaged Axiom Exploration Group Ltd. ("Axiom") to conduct airborne magnetic, electromagnetic (EM) and radiometric surveys on the Grease River Project (the "Survey").Axiom's team of diverse geoscientists employs experience gained across 15 countries and 6 continents providing geological services. Axiom's geoscientists are equipped...
2023-02-21 8:00 AM EST
Forum Energy Metals and Traction Uranium Enter into an Option Agreement for the Grease River Property in the Athabasca Basin
Vancouver, British Columbia--(Newsfile Corp. - February 7, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) (the "Company" or "Forum") is pleased to announce that it has entered into a property option agreement with Traction Uranium Corp. ("Traction"), pursuant to which Traction has the right, at its option, to acquire up to a 100% interest in Forum's 100% owned Grease River Property located in the Athabasca Basin, Northern Saskatchewan, Canada (the "Property"), in exchange for a series of cash...
2023-02-07 8:00 AM EST
Investor Opportunity to Meet Forum Energy Metals Management at The VRIC & PDAC Convention
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") is pleased to invite shareholders and investors to the Vancouver Resource Investment Conference (VRIC) this coming week and the Prospectors and Developers Association of Canada (PDAC) Annual Convention this March in Toronto. Forum's President & CEO, Richard Mazur and newly appointed Vice President, Exploration, Dr. Rebecca Hunter will be in attendance to answer questions on its:Uranium...
2023-01-27 8:30 AM EST
Drilling Resumes at Forum's Wollaston Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - January 10, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") is pleased to announce that drilling has resumed after the Christmas break on its 100% owned Wollaston uranium project, located 10km south of Cameco's Rabbit Lake Uranium Mill and 30km south of Orano/Denison's McClean Lake Uranium Mill in the Northeastern Athabasca Basin (Figure 1). Three holes were completed in December totaling 855.5 metres and 95 samples were collected...
2023-01-10 8:30 AM EST
Forum Closes Final Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2022) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") announces that, further to its news releases of December 5 and 19, 2022, it has closed its non-brokered private placement and raised an additional $668,005 through the issuance of 5,138,500 flow through units at a price of $0.13 per flow through unit. (the "Final Tranche"). Each unit consists of one flow through common share and one-half of one share...
2022-12-22 8:30 AM EST
Forum Announces Increase in Private Placement and Closes First Tranche
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2022) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") announces that, further to its news release of December 5, 2022, it has increased its Offering to up to a total of $2,200,000 from the previously announced $1,700,000. All other aspects of the Offering remain as disclosed in the December 5th news release.The Company also announces that it has closed the first tranche of the Offering. The Company raised...
2022-12-19 8:30 AM EST
Forum Announces Non-Brokered Flow Through Private Placement of up to $1.7 Million
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2022) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") is pleased to announce a non-brokered private placement of up to 13,076,923 flow-through units of the Company (the "FT Units") at a price of $0.13 per FT Unit for gross proceeds to the Company of up to $1,700,000 (the "Offering"). Each FT Unit will consist of one common share of the Company to be issued as a "flow-through share"...
2022-12-05 8:30 AM EST
Dr. Rebecca Hunter Appointed Vice President, Exploration at Forum Energy Metals
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2022) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") is pleased to announce that Dr. Rebecca Hunter has been appointed as Vice President, Exploration of the Company. Rick Mazur, President and CEO, stated, "I am pleased that Rebecca has taken on the leadership role at Forum to advance the Company's uranium and energy metals projects. Former VP, Exploration, Ken Wheatley will continue to focus his attention on...
2022-12-01 8:30 AM EST
Drilling Commences at Forum's Wollaston Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2022) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") is pleased to announce that the drill has started turning on its 100% owned Wollaston uranium project, located 10km south of Cameco's Rabbit Lake Uranium Mill and 30km south of Orano/Denison's McClean Lake Uranium Mill in the northeastern Athabasca Basin (Figure 1). The plan is to complete approximately 1000m before Christmas, then continue the program into the new...
2022-11-29 8:30 AM EST