Forum Energy Metals Corp. 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 at a price of $0.10 per NFT Unit and 3,613,334 flow through units at a price of $0.12 per FT Unit. Each NFT Unit is comprised of one common share and one common share purchase warrant . Each NFT Warrant is exercisable [...]
Forum Energy Metals Corp. announces a non-brokered private placement of up to $2,000,000 through the issuance of a combination of units at a price of $0.10 per NFT Unit and flow through 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 drilling on its Nunavut Uranium Project in the Thelon Basin, a geological equivalent to the Athabasca Basin. Dr [...]
Forum Energy Metals Corp. 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 . Highlights: Complete ground gravity coverage over prospective conductive trends. Anomalous uranium and boron in two drill holes along Gizmo trend requires follow-up [...]
Forum Energy Metals Corp. is pleased to announce that it has reached an agreement with Rio Tinto Exploration Canada Inc. whereby the Company will acquire all of RTEC's interest in the Janice Lake sedimentary copper project in northern Saskatchewan , giving Forum a 100% interest in the Project. Rick Mazur, President & CEO stated, "This agreement allows Forum to advance the Janice Lake copper project where Rio Tinto added [...]
You are welcome to join Forum Energy Metals 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 [...]
Airborne geophysical survey to aid in structural mapping and to define prospective drill targets for the Grease River Project in Saskatchewan's Athabasca Basin. Forum Energy Metals Corp. and Traction Uranium Corp. are pleased to announce they have engaged Axiom Exploration Group Ltd. to conduct airborne magnetic, electromagnetic and radiometric surveys on the Grease River Project . Axiom's team of diverse geoscientists [...]
10,528 Hectares situated along the east-northeast trending Grease River Structure south of Lake Athabasca near the Fond Du Lac Uranium Deposit Forum Energy Metals Corp. is pleased to announce that it has entered into a property option agreement with Traction Uranium Corp. , 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 [...]
Forum Energy Metals Corp. is pleased to invite shareholders and investors to the Vancouver Resource Investment Conference this coming week and the Prospectors and Developers Association of Canada 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 portfolio in the [...]
Forum Energy Metals Corp. 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 . Three holes were completed in December totaling 855.5 metres and 95 samples were collected for geochemical analysis at SRC [...]
Forum Energy Metals Corp. 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. . Each unit consists of one flow through common share and one-half of one share purchase warrant. Each whole warrant entitles the holder to [...]
Forum Energy Metals Corp. 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 $1,498,300 through the issuance of [...]
Forum Energy Metals Corp. is pleased to announce a non-brokered private placement of up to 13,076,923 flow-through units of the Company at a price of $0.13 per FT Unit for gross proceeds to the Company of up to $1,700,000 . Each FT Unit will consist of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act and one-half of one common share purchase warrant . Each [...]