Vancouver, B.C., July 28, 2015 - FDC: TSX-V - Forum Uranium Corp. (“Forum” or the “Company”) announces that the board of directors has resolved to extend the term of certain outstanding warrants for a further one year as follows:
- 7,008,002 warrants at a price of $0.50 expiring September 9, 2015 will now expire September 9, 2016;
- 2,016,514 warrants at a price of $0.50 expiring December 20, 2015 will now expire December 20, 2016; and
- 135,000 warrants at a price of $0.50 expiring January 9, 2016 will now expire January 9, 2017.
Any broker and/or finder warrants issued in these financings will not be extended. The extension of the warrant term remains subject to approval by the TSX Venture Exchange. All other warrant terms will remain the same.
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. 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 in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut by exploring on its 100% owned properties and through strategic partnerships and joint ventures.
ON BEHALF OF THE BOARD OF DIRECTORS
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
Matt Terriss, Director, Corporate Affairs
Robin Cook, Senior Account Manager
CHF Investor Relations
Tel: 416-868-1079 x 228