Ukrainian elections
Monday, March 03, 2008
makes deal with Agnico Eagle
Forum Uranium (TSX-V: FDC) announced that Agnico-Eagle Mines (TSX:AEM) has completed a US$3.00 million private placement in Forum - and that Forum has optioned Agnico's Judge Sissons and Schultz Lake uranium properties, which are located adjacent to the 148 million pound, unconformity-style Kiggavik uranium deposit.
Rick Mazur, President & CEO of Forum Uranium Corp, said:
"We are pleased to have an opportunity to evaluate Agnico's well-located uranium prospect adjacent to AREVA's Kiggavik mine feasibility project. Agnico is a strategic financial partner with an enviable track record of over 30 years of continuous gold mining in Canada."