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Market: TSX
Sector: General Mining
Epic: FDC
News: Latest news
Web Site: Forum Uranium
Other Articles: 27-02-200928-01-200907-01-2009

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Friday July 03, 10:01Commercial property: The contrarian view

The global recession has hit commercial real estate companies hard, with capital values falling 43.6% from their peak in June 2007.

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Friday July 03, 05:05White Canyon Uranium CEO to progress production at Daneros Uranium Mine in 2009

The company has a new Managing Director and CEO - Peter Batten - as of this week. The Daneros Mine has recently received its Permit to Mine in Utah - with production expected in 2009.

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Forum Uranium

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.

Wednesday, January 07, 2009

Forum Uranium increases planned fundraising to C$560,000

Forum Uranium Corp said it is raising the amount it plans to raise from its non-brokered private placement announced in mid-December 2008 to CDN$560,000 from the previously announced CDN$500,000 due to a strong response from investors.


The amended financing will be completed through the issue of up to 1.2 million units at a price of CDN$0.05 per unit, with each consisting of one common share and one-half share purchase warrant.


Forum added it has closed the first tranche of this private placement, having raised CDN$397,500 through the issuance of 6,150,000 Flow through common shares and 1,800,000 units at a price of CDN$0.05.
Proceeds from this financing will be used for exploration work on the Athabasca Basin and Thelon Basin uranium projects and for general working capital.

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