RE:this could be some early fancy foot work....lol
2013-12-30 14:54 ET - News Release Mr. Rick Mazur reports FORUM CLOSES PRIVATE PLACEMENT Forum Uranium Corp. has closed its non-brokered private placement previously announced on Dec. 18, 2013, and Dec. 20, 2013. The company has raised $913,659.98 through the issuance of 621,428 flow-through common shares at a price of 35 cents per flow-through share and 1,881,514 flow-through units at a price of 37 cents per unit. Each flow-through unit consists of one flow-through common share and one share purchase warrant. Each warrant entitles the holder thereof to acquire one non-flow-through common share at a price of 50 cents for a period of two years expiring Dec. 20, 2015. The company paid finders' fees of $60,918.20 and issued 126,806 finder warrants exercisable at a price of 37 cents for a period of two years expiring Dec. 20, 2015. All securities are subject to a four-month hold period expiring April 21, 2014. Proceeds from this financing will be used for drilling on its Patterson Lake South Clearwater claims adjacent to the Fission PLS discovery in the western Athabasca basin.