TORONTO, ONTARIO--(Marketwired - Mar 18, 2015) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce the results of a Feasibility Study1 ("FS") for its wholly-owned Norasa Uranium Project ("Norasa") located in the Erongo region of Namibia. The FS completed by engineering consultants, Amec Foster Wheeler together with reliance on other experts in the fields of [...]
Forsys Metals is pleased to announce the completion of a metallurgical report by SGS South Africa (Pty) Ltd. This study is a major component of the Company's Norasa Uranium Project Feasibility Study ("FS") being prepared by AMEC Foster Wheeler and slated for completion in Q1 2015. Highlights of the Metallurgical Study compared with the 2013 Engineering Cost Study ("ECS"): Overall uranium recovery increased to 91.3% from [...]
TORONTO, ONTARIO--(Marketwired - Oct 29, 2014) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") today reported that it has closed its previously announced non-brokered private placement by issuing 9,420,000 units at $0.25 per unit for gross proceeds of $2,355,000 (CDN). Each unit consists of one Class A Common Share ("Common Share") and one half of one Common Share purchase warrant [...]
TORONTO, ONTARIO--(Marketwired - Oct 9, 2014) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce that the terms of its previously announced (see August 8, 2014 news release) non-brokered private placement (the "Private Placement") have changed. The Company has received binding commitments from subscribers to purchase a total of 9,420,000 units of the Company [...]
LONDON, England, Sept. 23, 2014 /CNW/ - Leonardo Trust ("Leonardo"), an affiliate of Leo Fund Managers Limited, announced today that its wholly-owned subsidiary, Leonardo Global Trading Ltd., has entered into an agreement with Forsys Metals Corp. ("Forsys") to subscribe for 7,200,000 units ("Units") of Forsys on a private placement basis at a price of $0.25 per Unit for an aggregate purchase price of $1,800,000 (the [...]
TORONTO, ONTARIO--(Marketwired - Aug 8, 2014) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce that it intends to raise up to C$3.2m in gross proceeds by way of a non-brokered private placement of up to 10,000,000 units ("the Units") in the Company at a subscription price of $0.32 per Unit. Each Unit will consist of one Class A Common Share ("Common Share [...]
TORONTO, ONTARIO--(Marketwired - Jul 7, 2014) - Forsys Metals Corp. (TSX:FSY) (FRANKFURT:F2T) (NAMBIAN:FSY) ("Forsys" or the "Company") is pleased to announce that it has engaged AMEC to commence a Feasibility Study ("FS") for its 100% owned and permitted Norasa Uranium Project ("Norasa") located in Namibia. AMEC is a leading international engineering and project management firm with prior involvement in the development [...]
TORONTO, ONTARIO--(Marketwired - May 23, 2014) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce today that in connection with the annual and special meeting of the Company's shareholders held in Toronto on May 22, 2014 (the 'Meeting') and in accordance with section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, the following voting [...]
TORONTO, ONTARIO--(Marketwired - Mar 27, 2014) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce today that subsequent to its news release dated February 11, 2014, it has filed an updated National Instrument 43-101 Technical Report ("NI 43-101") on SEDAR (www.sedar.com) for its 100% owned Norasa Uranium Project ("Norasa") located in Namibia. This NI 43-101 [...]
TORONTO, ONTARIO--(Marketwired - Mar 20, 2014) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce that its Board of Directors ("Board") has adopted advance notice and majority voting policies. The advance notice policy requires advance notice to the Company for nominations of directors by shareholders other than (i) through a requisitioned meeting or (ii) by [...]
TORONTO, ONTARIO--(Marketwired - Feb 11, 2014) - Forsys Metals Corp. (TSX:FSY) (FRANKFURT:F2T) (NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce it has completed an updated Mineral Reserve estimate for its 100% owned Norasa Uranium Project ("Norasa") located in Namibia. Norasa is a consolidation of the Company's Valencia Main, satellite pits and Namibplaas deposits. The new Reserve statement is based on [...]
TORONTO, ONTARIO--(Marketwired - Oct 7, 2013) - Forsys Metals Corp. ("Forsys" or the "Company") (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) is pleased to announce it has completed an updated Mineral Resource estimate for its 100% owned Norasa Uranium Project ("Norasa") located in Namibia. Norasa represents a consolidation of the Company's deposits, including Valencia main and satellite pits and Namibplaas. The updated resource [...]