Key Developments: Forum Uranium Corp (FDC.V)

FDC.V on TSX Venture Exchange

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Latest Key Developments (Source: Significant Developments)

Forum Uranium Corp commences drilling on FIR Island project
Thursday, 26 Feb 2015 09:00am EST 

Forum Uranium Corp:Says a 3,000 metre drill program has commenced on its 100 pct owned Fir Island project located along the north rim of the eastern Athabasca Basin.  Full Article

Uracan and Forum Uranium Corp commence drilling on Clearwater Property in Patterson Lake South Area
Wednesday, 10 Dec 2014 10:00am EST 

Forum Uranium Corp:Commences 600 metre drill program to follow-up on drill targets identified by an initial 2014 drill campaign on Forum's 100 pct owned Clearwater project, on trend from Fission Uranium's Patterson Lake South discovery in the Athabasca Basin, Saskatchewan.  Full Article

Forum Uranium Corp signs option agreement with Uracan Resources Ltd
Wednesday, 27 Aug 2014 09:00am EDT 

Forum Uranium Corp:Signed an definitive option agreement with Uracan Resources Ltd whereby Uracan can earn up to a 70 pct interest in Forum's Clearwater Project in northern Saskatchewan.Forum is the 100 pct owner of the Clearwater Project.  Full Article

Forum Uranium Corp Acquires 100 pct of Karpinka Property South of the Key Lake Mine, Athabasca Basin, Saskatchewan
Tuesday, 19 Aug 2014 09:00am EDT 

Forum Uranium Corp:Entered into a Purchase and Sale Agreement with Anthem Resources Ltd (Anthem) to acquire Anthem's 50 pct joint venture interest in the Karpinka project along the Key Lake Road Shear Zone, 30 kilometres south of the Cameco/AREVA Key Lake Mine.Forum is a 50 pct partner and Operator of the Karpinka Joint Venture and acquisition of Anthem's interest will give Forum 100 pct of the project.Under terms of the Agreement, Forum will acquire Anthem's 50 pct interest for 10,000 common shares and a 1 pct Net Smelter Royalty to Anthem with a 0.5 pct buyback provision by Forum for $1 million.  Full Article

Forum Uranium Corp commences drilling at Northwest Athabasca
Monday, 24 Mar 2014 06:30am EDT 

Forum Uranium Corp:Commenced 3,000 metre drill program approved by Northwest Athabasca Joint Venture.To follow-up on 39.5m of uranium mineralization.  Full Article

Forum Uranium Corp announces $3 mln private placement
Thursday, 6 Mar 2014 08:30am EST 

Forum Uranium Corp:Says that it has engaged Secutor Capital Management Corporation (the Agent) to act as lead agent in connection with a private placement of up to 3,636,363 flow-through units at a price of $0.55 per.FT Unit for gross proceeds of up to $2,000,000 and up to 2,000,000 units ("Units") at $0.50 per Unit for gross proceeds of up to $1,000,000.Each FT Unit will consist of one flow-through common share and one half of one non flow-through common share purchase warrant in the capital of the company.Proceeds received from the FT Units will be used by the company to incur qualified Canadian Exploration Expenses and the proceeds raised by the issuance of Units will be utilized for exploration of the company's uranium projects.  Full Article

Forum Uranium Corp commences drill program on 100 pct owned clearwater project
Wednesday, 26 Feb 2014 06:30am EST 

Forum Uranium Corp:Commences drilling on its 100 pct owned Clearwater Property.Plans are to complete 3,000 metres of drilling to test about 11 targets that have been defined by a combination of ground gravity, airborne EM (graphitic conductors) and radon anomalies.A total of 12 to 15 holes are planned with a target depth of 100 to 200m.This project is located on trend and immediately adjacent to the southwest of Fission Uranium's Patterson Lake South (PLS) discovery.  Full Article

Forum Uranium Corp acquires FIR island property on centennial-black lake trend, Athabasca Basin, Saskatchewan
Thursday, 20 Feb 2014 06:30am EST 

Forum Uranium Corp:Says that it has entered into a purchase and sale agreement with Anthem Resources Ltd to acquire a 100% interest in Anthem's Fir Island claims totaling 14,205 hectares on the northeast margin of the Athabasca Basin, Saskatchewan.Says under the terms of the agreement, Forum will acquire a 100% interest for 300,000 common shares and a 1.5% Net Smelter Royalty with a 1% buyback provision for $1 million.  Full Article

Forum Uranium Corp Consolidates North Thelon Properties by Acquiring 100 pct of Agnico Eagle's Claims
Thursday, 6 Feb 2014 06:30am EST 

Forum Uranium Corp:Says it has consolidated its North Thelon property interests by entering into a Purchase and Sales Agreement with Agnico Eagle Mines Ltd. to acquire a 100 pct interest in Agnico Eagle's Judge Sissons and Schultz Lake claims.Says under the terms of the Agreement Forum will acquire a 100 pct interest in the Judge Sissons and Schultz Lake claims for $250,000 cash, 675,000 common shares and a 2 pct Net Smelter Royalty.Says on completion of the transaction, Agnico Eagle will own 4 pct of Forum's outstanding common shares.  Full Article

Forum Uranium Corp closes private placement
Monday, 30 Dec 2013 02:46pm EST 

Forum Uranium Corp:Says it has closed its non-brokered private placement previously announced on December 18 and Dec. 20, 2013.Says it has raised C$913,659.98 through the issuance of 621,428 flow through common shares at a price of C$0.35 per flow through share and 1,881,514 flow through units at a price of C$0.37 per unit.Says each flow through unit consists of flow through one common share and one share purchase warrant.Says each warrant entitles the holder thereof to acquire one non-flow through common share at a price of C$0.50 for a period of two years expiring Dec. 20, 2015.Says 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.  Full Article

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