Forum Completes Drill Program on Fir Island Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that the diamond drill program has been completed on its 100% owned Fir Island uranium project in northern Saskatchewan. Ten holes for 3,051 metres were completed, short of the 5,000 metres planned due to a slow start-up caused by poor ice conditions. The program continued drilling on the Cathy Fault / resistivity anomaly with eight holes...
2021-04-12 8:30 AM EDT
Forum Commences Gravity Survey on Its Wollaston Uranium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum") has started a gravity survey on its Wollaston Uranium Project, located 10km south of Cameco's Rabbit Lake uranium mill and immediately east of the all-weather road to Orano's McClean Lake uranium processing plant."The gravity survey is designed to detect areas of alteration within north-south bends along a number of electromagnetic (EM) conductors on the project," stated Ken Wheatley, Forum's VP, Exploration. "Alteration...
2021-04-07 8:30 AM EDT
Forum Plans Uranium Exploration on Its Wollaston Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - March 22, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is planning a gravity survey this April on its 11,067 hectare Wollaston Uranium Project. The project is located 10km south of the Rabbit Lake uranium mill immediately east of the all-weather road to the Rabbit Lake and McClean Lake uranium processing plants.Ken Wheatley, Vice President, Exploration stated, "Along with our exploration endeavors at Fir Island (uranium, funded by Orano), Janice Lake (copper, operated...
2021-03-22 8:30 AM EDT
Forum Closes Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 11, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "Company") announces that, further to its news release of February 24, 2021, it has closed its non-brokered private placement and raised $499,999.87 through the issuance of 1,351,351 flow through units priced at $0.37 per flow through unit. Each unit consists of one flow through common share and one share purchase warrant. Each warrant entitles the holder to purchase one additional non-flow...
2021-03-11 8:30 AM EST
Forum Commences Trading on the OTCQB in the United States
Vancouver, British Columbia--(Newsfile Corp. - March 10, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "Company") is pleased to announce the Company is now trading on the OTCQB in the United States under the symbol FDCFF.Rick Mazur, President & CEO stated, "Our listing on the OTCQB is an important step for the Company to expand global awareness of Forum's exploration activities and provides US investors with a platform to participate in the Company's success."The OTCQB is...
2021-03-10 8:30 AM EST
Forum Energy Metals to Exhibit at The 2021 PDAC Virtual Conference
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2021) - You are welcome to join Forum Energy Metals (TSXV: FMC) at the 2021 PDAC, which is being hosted on-line at https://pdacvirtual.ca from March 8-11. All the latest information on the Janice Lake Copper/Silver, Love Lake Nickel/Copper/PGM and Athabasca Basin Uranium projects highlight Forum's value proposition at the Company's PDAC virtual booth. Enter via the Investor Exchange portal and learn about Forum's energy metals project pipeline in Saskatchewan, Canada.Technical meetings with...
2021-03-04 8:30 AM EST
Drills Start Turning on Forum's Fir Island Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that two diamond drill rigs have commenced drilling on its 100% owned Fir Island uranium project in northern Saskatchewan. Forum plans to complete approximately 5,000 metres in 24 holes. This program is operated by Forum and funded by Orano Canada Inc. (formerly AREVA Resources Canada) under terms of an option agreement to earn up to a 70%...
2021-03-03 8:30 AM EST
Forum Announces $500,000 Private Placement and Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") announces that it intends to raise $500,000 by way of a flow through private placement (the "Offering") of 1,351,351 flow through units (a "Unit") at $0.37 per Unit, each Unit comprised of one flow through common share of the Company (a "Share") and one non-flow through warrant (a "Warrant"). Each Warrant entitles the holder to acquire one common share of the Company...
2021-02-24 8:30 AM EST
Rio Tinto Commences Drilling at Forum's Janice Lake Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - February 16, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has commenced drilling on Forum's 100% owned Janice Lake copper/silver project in Saskatchewan. Two drill rigs are initially testing the Rafuse target, a 2.8 kilometre long priority target of surface copper mineralization that was developed during RTEC's mapping, prospecting and geophysical program this past summer. It is clear that past historical drilling...
2021-02-16 7:00 AM EST
Rio Tinto Mobilizes Drills to Forum's Janice Lake Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has commenced mobilization of two drills, fuel and other supplies to the site of Forum's 100% owned Janice Lake copper/silver project in Saskatchewan. The 110km winter haul road that was constructed last winter is in good condition to the newly constructed 80-person Burbidge Lake Camp in the centre of the property. RTEC...
2021-02-01 8:30 AM EST
Drill Mobilization Commences at Forum's Fir Island Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that ice road construction has commenced and two drills are being mobilized to site in preparation for a 6,000 metre (24 hole) drill program on its Fir Island project in northern Saskatchewan. This program is operated by Forum and funded 100% by Orano Canada Ltd. (formerly AREVA Resources Canada Ltd.).The program is designed to test a number...
2021-01-20 8:30 AM EST
Forum Closes $1,500,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2020) - Forum Energy Metals Corp. (TSXV: FMC) (the "Company" or "Forum") announces that, further to its news releases of November 30, 2020 and December 7, 2020, it has closed its non-brokered private placement and raised $1,500,000 through the issuance of 15,000,000 units priced at $0.10 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a...
2020-12-22 8:30 AM EST
Forum Updates Shareholders on Its Uranium Projects in the Athabasca Basin, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is pleased to provide a review of its Athabasca Basin uranium exploration portfolio. Forum has majority interests in seven projects totalling 67,370 hectares (166,470 acres) of claims prospective for high grade uranium deposits.Rick Mazur, President & CEO stated, "Recent investor interest in uranium validates why we have maintained and indeed, added to our assets in the Athabasca Basin, the world's premier jurisdiction for high-grade...
2020-12-21 8:30 AM EST
Forum Announces Increase in Financing to $1,500,000
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2020) - Forum Energy Metals Corp. (TSXV: FMC) (the "Company" or "Forum") announces that, further to its news release of November 30, 2020, it has increased the previously announced financing from $1,000,000 to $1,500,000 and will issue up to 15,000,000 units at a price of $0.10 per unit. Each unit consists of one common share and one share purchase warrant, each warrant entitling the holder to acquire one further common share at a...
2020-12-07 3:37 PM EST
Forum and Orano Announce Budget for 6,000 Metre Drill Program at the Fir Island Uranium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Orano Canada Inc (formerly AREVA) will be funding a 6,000 metre drill program budgeted at $1.63 million on Forum's Fir Island project along the north rim of the Athabasca Basin, Saskatchewan. Two drills will be mobilised for a 24 hole drill program to commence in January, 2021. At the end of this program, Orano Canada will...
2020-12-03 8:30 AM EST
Forum Announces $1,000,000 Non-Brokered Private Placement; CFO Appointment
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") announces a non-brokered private placement of up to 10,000,000 units at a price of $0.10 per unit for total proceeds of $1,000,000 (the "Offering"). Each unit consists of one common share and one share purchase warrant, each warrant entitling the holder to acquire one further common share at a price of $0.15 for a term of two years from closing of the...
2020-11-30 8:30 AM EST
RAB Drilling Intersects 0.62% Copper and 9.3 Grams per Tonne Silver at the Janice Lake Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has released results from the rotary air blast (RAB) drill program from this summer. Two targets, Roberts and Juno, drilled in overburden covered areas returned anomalous copper and silver from this short-hole drill program.
2020-11-18 8:30 AM EST
Rio Tinto Sets 2021 Winter Drill Budget at the Janice Lake Copper-Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - November 11, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has informed the Company of its proposed winter drill program for 2021. Drilling and geological crews will be based out of the newly constructed 80-person Burbidge Lake Camp in the centre of Forum's 100% owned Janice Lake Sedimentary Copper/Silver Project in northern Saskatchewan, Canada. Rio Tinto will mobilize two diamond...
2020-11-11 8:30 AM EST
Forum Closes Flow Through Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2020) - Forum Energy Metals Corp. (TSXV: FMC) (the "Company" or "Forum") announces that it has closed its non-brokered flow through private placement announced October 14, 2020. The Company raised $1,000,000 through the issuance of 6,666,668 units priced at $0.15 per unit. Each unit consists of one flow through common share and one-half of one non-flow through common share purchase warrant. Each whole warrant entitles the holder to purchase one additional common...
2020-10-19 9:00 AM EDT
Forum Announces $1 Million Non-Brokered Flow-Through Private Placement for Exploration at Its 100% Owned Love Lake Nickel-Copper-Palladium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2020) - Forum Energy Metals Corp. (TSXV: FMC) (the "Company" or "Forum") announces that it has arranged a non-brokered flow through private placement of 6,666,668 units at a price of $0.15 per unit (a "Unit") for gross proceeds of $1,000,000 (the "Offering"). The proceeds from the Offering will be used to fund an electromagnetic survey and a drill program on targets identified by recent geophysical, geochemical and geological surveys at Forum's 100%...
2020-10-14 9:00 AM EDT