Forum Energy Metals Corp. 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 [...]
Forum Energy Metals Corp. is pleased to provide a review of its Athabasca Basin uranium exploration portfolio. Forum has majority interests in seven projects totalling 67,370 hectares of claims prospective for high grade uranium deposits. Rick Mazur, President & CEO stated, "Recent investor interest in uranium validates why we have maintained and [...]
Forum Energy Metals Corp. 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 [...]
Forum Energy Metals Corp. is pleased to announce that Orano Canada Inc 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 [...]
Forum Energy Metals Corp. 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 . 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 [...]
Forum Energy Metals Corp. is pleased to announce that Rio Tinto Exploration Canada has released results from the rotary air blast 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. Figure 1: Roberts and Juno Target Areas on the [...]
Forum Energy Metals Corp. is pleased to announce that Rio Tinto Exploration Canada 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 [...]
Forum Energy Metals Corp. 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 [...]
Forum Energy Metals Corp. 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 for gross proceeds of $1,000,000 . 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 [...]
Forum Energy Metals Corp. is pleased to announce geochemical results of outcrop sampling on its 100% owned Love Lake Nickel-Copper-PGM project located approximately 60 km northeast of Forum's Janice Lake/Rio Tinto copper joint venture in north-eastern Saskatchewan along Highway 905 to the Rabbit Lake/McClean Lake process facilities . The summer [...]
Forum Energy Metals Corp. is pleased to announce that in connection with the announcement dated September 8, 2020 by Nova Royalty Corp of the acquisition of a 1% NSR royalty on the Janice Lake Project in Saskatchewan, it has reached an agreement with Transition Metals Corp. to accelerate Forum's exercise of the option to acquire a 100% interest in [...]
Forum Energy Metals Corp. is pleased to announce that Rio Tinto Exploration Canada has completed its summer exploration program at Forum's Janice Lake Sedimentary Copper/Silver Project in northern Saskatchewan, Canada. Rick Mazur, President & CEO stated, "Rio Tinto is compiling all of the data collected from this summer's program for planning of a [...]