Forum Uranium Corp. (Seite 40)

[hbg55]

Antwort auf Beitrag Nr.: 38.290.620 von hbg55 am 30.10.09 16:06:31

....DAMIT nicht genug kommt heute noch ne schööööne personalia
hinzu........


Forum names Okada as director


2009-10-30 09:56 ET - News Release

Mr. Rick Mazur reports

FORUM APPOINTS NEW DIRECTOR

Forum Uranium Corp. has appointed Larry Okada as a director of Forum Uranium Corp.

Mr. Okada is a member of both the Canadian Institute of Chartered Accountants and the Washington State Certified Public Accountants Association with over 32 years experience providing financial management services to publicly traded companies, with emphasis on junior mineral exploration companies. He holds a BA in economics and was in public practice with his own firm of Staley, Okada and Partners and Pricewaterhouse Coopers LLP. Larry will act as chairman of Forum's audit committee.

[hbg55]

FORUM ANNOUNCES CLOSING OF PRIVATE PLACEMENT

9:01 AM ET, October 28, 2009

Oct 28, 2009 (TheNewswire.ca via COMTEX) -- (via Thenewswire.ca)

Vancouver, B.C., October 28, 2009. Forum Uranium Corp (FDC: TSX-V) is pleased to announce that it has closed its non-brokered private placement previously announced on October 1, 2009. The Company has raised $900,080 through the issuance of 11,251,000 units at a price of $0.08 per unit.

Each unit consists of one common share and one-half of one share purchase warrant.


Each whole warrant is exercisable into one common share at a price of $0.20 per share for a period of eighteen months expiring April 22, 2011. If the closing price of the common shares is higher than $0.40 for a period of 20 consecutive trading days at any time after four months and one day after the closing date, the Company can accelerate the exercise of the warrants on the 30th day after the Company gives notice of such acceleration. The proceeds will be used for the exploration of its mineral properties and for general working capital.

Finder's fees were paid to Power One Capital Markets Limited in the amount of a commission of 630,000 common shares at a deemed price per share of $0.08 and 630,000 compensation options exercisable into units at a price of $0.08 per unit. Each unit is exercisable into one common share and one-half of one share purchase warrant, each whole warrant entitling the holder to purchase one additional common share at a price of $0.20 for a period of eighteen months expiring April 22, 2011. All securities issued in the private placement are subject to a four month hold period expiring February 23, 2010.

About Forum Uranium

Forum Uranium Corp. is a Canadian-based energy company with a focus on the acquisition, exploration and development of Canadian uranium projects in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut. Forum has assembled a highly experienced team of exploration professionals with a track record of mine discoveries for unconformity-style uranium deposits in Canada. The Company has a strategy to discover near surface uranium deposits nearby existing infrastructure by exploring on its 100% owned properties and through strategic partnerships and joint ventures.

ON BEHALF OF THE BOARD

Richard J. Mazur, P.Geo.

President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

.

For further information contact:


Rick MazurPresident & CEO OrMark ProsserCorporate CommunicationsFORUM URANIUM CORP.910-475 Howe StreetVancouver, BC V6C 2B3Tel: [phone]Fax: [phone]Email: [e-mail]: www.forumuranium.com




Copyright (c) 2009 Thenewswire.ca - All rights reserved.

[Fantomas96]

Long Term Chart:

[Fantomas96]

Und FORUM erwacht langsam aus dem "Sub-$0,10-Schlaf" !

FDC.V



FANTOMAS

[Fantomas96]

Finanzierung wurde aufgrund hoher Nachfrage auf $ 900.000 erhöht

http://www.forumuranium.com/s/NewsReleases.asp?ReportID=3661…


Thu Oct 1, 2009
Forum Increases Financing to $900,000

--------------------------------------------------------------------------------

Vancouver, B.C. October 1, 2009. Forum Uranium Corp. (FDC: TSX-V) is pleased to announce that due to strong response from investors, the Company has increased its non-brokered private placement financing to $900,000 from the initially targeted $800,000 as set out in the Company's news release disseminated earlier today. The amended financing will be completed through the issuance of up to 11,250,000 units at a price of $0.08 per unit on the same terms as set out in the Company's news release of earlier today.

About Forum Uranium
Forum Uranium Corp. is a Canadian-based energy company with a focus on the acquisition, exploration and development of Canadian uranium projects in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut. Forum has assembled a highly experienced team of exploration professionals with a track record of mine discoveries for unconformity-style uranium deposits in Canada. The Company has a strategy to discover near surface uranium deposits nearby existing infrastructure by exploring on its 100% owned properties and through strategic partnerships and joint ventures.

ON BEHALF OF THE BOARD

Richard J. Mazur, P.Geo.
President & CEO


Nochmal die interessanten Terms aus der letzten News zur Finanzierung:

Each whole warrant is exercisable into one common share at a price of $0.20 per share for a period of eighteen months from the closing date of the financing. If the closing price of the common shares is higher than $0.40 for a period of 20 consecutive trading days at any time after four months and one day after the closing date, the Company can accelerate the exercise of the warrants on the 30th day after the Company gives notice of such acceleration.


Ich warte gespannt auf die Ankündigung des Winter Drilling Programms auf Henday (JV mit Hathor).

FANTOMAS

[mike32]

Moin Fantomas96 ,

werde irgendwann zusteigen !

gruss mike
PS.:wie gewohnt , Superbeiträge !!!

[Fantomas96]

Forum wird nun auch REE Player


http://www.forumuranium.com/s/NewsReleases.asp?ReportID=3604…


New Rare Earth Occurrence Identified Near Kiggavik Uranium Deposit in Nunavut; $800,000 Financing Arranged

Vancouver, B.C. October 1, 2009. Forum Uranium Corp. (FDC: TSX-V) is pleased to announce that it has discovered a new rare earth element occurrence upon review of its uranium geochemical databases in Saskatchewan and Nunavut. Subsequent follow-up exploration during this past summer exploration season has resulted in the identification of alkaline intrusive rocks outcropping over a 10 km by 10 km area located 13 kilometres southeast of Areva's Kiggavik uranium deposit in Nunavut. The "Nutaaq" area (Inuktitut for "Something New") is 100% owned by Forum, subject to a 2% net smelter royalty to Nunavut Tunngavik Inc. Forum is also pleased to announce that it has arranged an $800,000 financing of the Company.

Approximately 900 grab samples were collected over the Company's North Thelon Project during uranium exploration conducted by Forum in 2007 and 2008. Of the 255 samples collected in the Nutaaq area, 155 samples grade from 0.1% to 3.8% total rare earth oxides (TREO). These rare earth elements are accompanied by elevated levels of zirconium, niobium and tantalum. A selected list of rare earth assays is shown below in Table 1.

During the 2009 field season, further geological mapping and sampling at Nutaaq was conducted for geochemical, petrographic and mineralogical analysis to better determine the nature of the rare earth mineralization. Samples from this program have been sent to the Saskatchewan Research Council (SRC) for complete analysis of rare earth elements by SRC's Rare Element Analysis Package. The percentage distribution of light and heavy rare earth elements, as a percentage of total rare earth elements will be determined once these results are received by month end. Forum anticipates that further exploration for rare earth deposits on the property will be conducted as part of its uranium exploration program in 2010.


Table 1: Rare earth and rare metal oxide values (%) from selected Nutaaq area uranium prospecting samples. All values are derived from ICP-OES total digestion analysis.

Sample Number 50042 55250 50170 50575 50583
Light Rare Earth Elements (%) La2O3 0.960 0.931 0.982 0.246 0.103
Ce2O3 1.569 1.593 1.091 0.523 0.206
Pr2O3 0.205 0.167 0.159 0.046 0.018
Nd2O3 0.598 0.582 0.515 0.196 0.076
Pm2O3 + + + + +
Sm2O3 0.086 0.084 0.062 0.025 0.015
Heavy Rare Earth Elements (%) Eu2O3 0.021 0.018 0.016 0.006 0.006
Gd2O3 0.063 0.036 0.034 0.017 0.018
Tb2O3 0.010 0.003 0.004 0.006 0.009
Dy2O3 0.041 0.010 0.014 0.007 0.023
Ho2O3 0.007 0.001 0.004 - 0.006
Er2O3 0.021 0.006 0.008 0.005 0.016
Tm2O3 * * * * *
Yb2O3 0.012 0.001 0.004 0.001 0.021
Lu2O3 * * * * *
Y2O3 0.217 0.023 0.055 0.027 0.165
Total Rare Earth Oxides (TREO) % 3.809 3.455 2.949 1.106 0.682
Other Rare Metal Oxides (%) ZrO2 0.034 0.031 0.065 0.197 4.822
Nb2O5 0.031 0.024 0.035 0.006 0.295
Ta2O5 0.000 0.001 0.000 0.001 0.019
+ Not analyzed. Promethium (Pm) is not a naturally occuring element and so is not included in exploration assay suites.
* Not analyzed. As these samples were originally uranium prospecting samples they were processed at the Geoanalytical Laboratory of the Saskatchewan Research Council utilizing their "Multi Element Uranium Exploration Package ICP 1" which does not include all of the rare earth elements. Future REE prospecting samples will be analyzed for the complete suite.
- Values below detection limits of the "Multi Element Uranium Exploration Package ICP 1"


Ken Wheatley, P.Geo. (Saskatchewan and Nunavut), Forum's Vice President, Exploration is the Qualified Person that has reviewed the contents of this news release.

Financing Terms

Forum has arranged a non-brokered private placement for up to 10,000,000 units at a price of $0.08 per unit. Each unit consists of one common share and one-half of one share purchase warrant. Each whole warrant is exercisable into one common share at a price of $0.20 per share for a period of eighteen months from the closing date of the financing. If the closing price of the common shares is higher than $0.40 for a period of 20 consecutive trading days at any time after four months and one day after the closing date, the Company can accelerate the exercise of the warrants on the 30th day after the Company gives notice of such acceleration. The proceeds will be used for the exploration of its mineral properties and for general working capital. Finders' fees of 6% of the total gross proceeds of the offering shall be payable in common shares of the Company at a price of $0.08 per share and 6% of the total number of units sold in finder's warrants, exercisable at a price of $0.08 per finders warrant into one unit for a period of eighteen months. The securities are subject to a four month hold period and regulatory approvals.


About Forum Uranium
Forum Uranium Corp. is a Canadian-based energy company with a focus on the acquisition, exploration and development of Canadian uranium projects in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut. Forum has assembled a highly experienced team of exploration professionals with a track record of mine discoveries for unconformity-style uranium deposits in Canada. The Company has a strategy to discover near surface uranium deposits nearby existing infrastructure by exploring on its 100% owned properties and through strategic partnerships and joint ventures.

ON BEHALF OF THE BOARD

Richard J. Mazur, P.Geo.
President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


For further information contact:

Rick Mazur
President & CEO
Tel: [phone]
Or
Mark Prosser
Corporate Communications
FORUM URANIUM CORP.
910-475 Howe Street
Vancouver, BC V6C 2B3
Tel: [phone]
Fax: [phone]
Email: [e-mail]
Website: www.forumuranium.com


FANTOMAS

[Fantomas96]

Audio Interview, 11.August 2009:


Forum Uranium Interview 11th August 2009 -

Rick Mazur, CEO of Forum Uranium, talks about the largest and richest grade uranium deposits in the world, Saskatchewan producing 25% of the worlds uranium.



http://www.youtube.com/watch?v=LQ1jjk0cOKA&feature=player_em…



FANTOMAS

[Fantomas96]

Na klar !

FANTOMAS

[matzi26]

Antwort auf Beitrag Nr.: 37.545.426 von Fantomas96 am 10.07.09 00:01:34

gibts hier noch news???