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...
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...
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...
2020-10-14 9:00 AM EDT
Forum Announces Whole Rock Geochemical Results at Its 100% Owned Nickel-Copper-Palladium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - October 13, 2020) - Forum Energy Metals Corp. (TSXV: FMC) 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 (Figure 1). The summer field program was designed to follow up target areas...
2020-10-13 9:00 AM EDT
Forum Accelerates Earning of 100% Interest in Janice Lake Copper Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - October 5, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is pleased to announce that in connection with the announcement dated September 8, 2020 by Nova Royalty Corp ("Nova") of the acquisition of a 1% NSR royalty on the Janice Lake Project in Saskatchewan, it has reached an agreement (the "Agreement") with Transition Metals Corp. ("Transition") to accelerate Forum's exercise of the option to acquire a 100% interest in Janice Lake (see...
2020-10-05 9:00 AM EDT
Forum Energy Metals Corp: Rio Tinto Completes Summer Exploration Program at the Janice Lake Sedimentary Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - September 29, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is pleased to announce that Rio Tinto Exploration Canada (RTEC) 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 potential drill program in 2021. Results from...
2020-09-29 9:00 AM EDT
Forum Identifies Nickel-Copper-Palladium Targets at Love Lake Project, Saskatchewan; Commences Field Program
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2020) - Forum Energy Metals Corp. (TSXV: FMC) is pleased to announce that it has completed a high resolution airborne magnetic survey over 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 Saskatchewan along Highway 905 to the Rabbit Lake/McClean Lake process facilities. Forum has identified two target areas that are prospective for...
2020-09-09 9:00 AM EDT
Rio Tinto Commences Drilling at the Janice Lake Sedimentary Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - September 1, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has commenced drilling at Forum's Janice Lake Sedimentary Copper/Silver Project in northern Saskatchewan, Canada. A Rotary Air Blast (RAB) drill has arrived on site and has started investigating historic and newly mapped regional copper showings, and recently developed geophysical targets buried by overburden to...
2020-09-01 9:00 AM EDT
Forum Commences Airborne Magnetic Survey at its 100% Owned Love Lake Nickel-Copper-Platinum-Palladium-Gold Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - July 27, 2020) - Forum Energy Metals Corp. (TSXV: FMC) is pleased to announce that it has commenced a high resolution airborne magnetic survey over 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 Mine. The Love Lake project covers 30,836 ha of mafic-intrusive rocks in the Peter Lake...
2020-07-27 9:00 AM EDT
Rio Tinto Commences Exploration at Janice Lake Sedimentary Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has commenced exploration at Forum's Janice Lake Sedimentary Copper/Silver Project in northern Saskatchewan, Canada. Rick Mazur, President & CEO, commented, "I look forward to this summer's program with a regional focus on uncovering the full extent of copper and silver mineralization at Janice Lake. We have barely...
2020-06-23 9:00 AM EDT
Forum Announces $400,000 Private Placement for Exploration at the Love Lake Copper- Nickel-palladium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2020) - Forum Energy Metals Corp. (TSXV: FMC) (the "Company" or "Forum") announces that it has arranged up to 4,000,000 units at a price of $0.10 per unit for proceeds of $400,000 for exploration at its Love Lake Copper-Nickel-Palladium project. Love lake is located 30 kilometres northeast of Forum's Janice Lake copper project under exploration this summer by Rio Tinto Exploration Canada (Figure1).Each unit consists of one flow through...
2020-06-18 9:50 AM EDT
Forum Announces Drill Results from Its Fir Island Uranium Project in Saskatchewan's Athabasca Basin
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is pleased to announce results and an interpretation of six holes totalling 1,819 metres completed on its 100% owned Fir Island uranium project located within trucking distance of Orano's McClean Lake uranium processing facility (Figure 1). Forum has confirmed the continuity of the target structure showing signs of uranium mineralization a further one kilometre to the south of five...
2020-05-27 9:00 AM EDT
Rio Tinto and Forum Announce Exploration Plans at Janice Lake Sedimentary Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is pleased to announce the 2020/2021 exploration plans on its Janice Lake Sedimentary Copper/Silver Project, located 55 km southeast of the Key Lake uranium processing facility in northern Saskatchewan, Canada. The focus of this years' exploration program will be to evaluate the regional copper/silver potential of this 52 km long sedimentary basin in preparation for an extensive...
2020-05-20 6:30 AM EDT
Forum Announces That Rio Tinto Has Completed First Year Obligations Under the Janice Lake Option to Joint Venture Agreement
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is pleased to provide shareholders with an update on the Rio Tinto Exploration Canada ("RTEC") $30 million Option to Joint Venture Agreement (the "Agreement") dated May 8, 2019 with RTEC (see news release dated May 9, 2019).Rick Mazur, President & CEO commented, "Rio Tinto has demonstrated their commitment to the exploration of the Janice Lake sedimentary copper project by their...
2020-05-12 9:00 AM EDT
Forum Secures Strategic Uranium Claims in the Athabasca Basin, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") announces that it has staked 13 claims ("The Wollaston Uranium Project") covering 11,067 hectares immediately to the east of the all-weather road to the Rabbit Lake and McClean Lake uranium processing plants.Rick Mazur. President & CEO stated, "Forum has a rich history of exploration in the Athabasca Basin with seven drill ready projects, three of which are under option or in joint...
2020-05-05 9:00 AM EDT
Forum Completes Drilling at Its Fir Island Uranium Project in Saskatchewan's Athabasca Basin
Vancouver, British Columbia--(Newsfile Corp. - April 21, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is pleased to announce that it has completed six holes totalling 1,819 metres on its Fir Island uranium project located on the north rim of the Athabasca Basin (Figure 1). Forum is operator of the project and all exploration is funded by Orano Canada Inc. (formerly AREVA Resources Canada Inc.) as part of an option agreement to earn up to a 70%...
2020-04-21 9:00 AM EDT
Forum Commences Drilling at Its Fir Island Uranium Project in Saskatchewan's Athabasca Basin
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is pleased to announce that it has commenced a diamond drill program on its Fir Island uranium project located on the north rim of the Athabasca Basin (Figure 1). Forum is operator of the project and all exploration is funded by Orano Canada Inc. (formerly AREVA Resources Canada Inc.) as part of an option agreement to earn up to a 70% interest...
2020-03-03 7:00 AM EST
Rio Tinto Updates Progress on Forum's Janice Lake Copper Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "the Company") is pleased to provide an update on Rio Tinto's progress on the Janice Lake sedimentary copper project in northern Saskatchewan.Further to the Company's press release dated January 21, 2020, Rio Tinto Exploration Canada (RTEC) reports that the winter access road to the Janice Lake camp site is approximately 50% complete. Preparations are underway to mobilize an...
2020-02-26 7:00 AM EST