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Forum Energy Metals Corp V.FMC

Alternate Symbol(s):  FDCFF

Energy
Forum Energy Metals Corp. is a Canada-based company, which is focused on the discovery of high-grade unconformity-related uranium deposits in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut. The Company is engaged in the business of evaluating, and if deemed appropriate, acquiring and exploring natural resource properties. The Company’s projects include Aberdeen, Fir Island, Clearwater, Costigan, Nutaaq, Grease River, Henday, Highrock, Maurice Point, NW Athabasca, Wollaston, Fisher, Janice Lake, Love Lake, Quartz Gulch, and Still Nickel. It holds a 100% interest in 95,519 hectares of ground adjacent to Orano’s 133-million-pound Kiggavik uranium deposit located 100 kilometers (km) west of Baker Lake, Nunavut. Fir Island is located approximately five km northeast of the community of Black Lake, on the northeast edge of the Athabasca Basin. The Clearwater Project is located on the southwestern edge of the Athabasca Basin in northern Saskatchewan.


TSXV:FMC - Post by User

Forum Energy Metals Corp
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Post by Betteryear2on May 30, 2024 6:38am
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Post# 36063790

Option Agreement with Global Uranium for $20 Million V.FMC

Option Agreement with Global Uranium for $20 Million V.FMCVancouver, British Columbia--(Newsfile Corp. - May 30, 2024) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") announces that it has entered into an option agreement (the "Option Agreement") with Global Uranium Corp. ("Global") wherein it has granted Global the right to acquire up to 75% of the Company's interest (the "Company's Interest") in a joint venture (the "Forum NexGen JV") between the Company and NexGen Energy Ltd. ("NexGen") formed by way of a joint venture agreement between the Company and NexGen (the "Forum NexGen JV Agreement").

Forum Enters into Option Agreement with Global Uranium for $20 Million to Earn 75% of Forum's Interest in the Northwest Athabasca Joint Venture (newsfilecorp.com)
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