Forum Energy
Source: Forum Energy Metals Corp.
  • Forum Energy Metals (FMC) has announced non-brokered private placement for total proceeds of $1,000,000
  • The company will issue 3,846,200 flow through common shares priced at $0.26 per share
  • Net proceeds will be used for advancing the company’s uranium and energy metals projects
  • Forum Energy Metals is an energy metal company
  • Forum Energy Metals Corp. (FMC) is down 2.78 per cent on the day, trading at C$0.175 per share at 10:40 am EST

Forum Energy Metals (FMC) has announced non-brokered private placement for total proceeds of $1,000,000.

The company will issue 3,846,200 flow-through common shares at a price of $0.26 per share.

Net proceeds will be used for advancing the company’s uranium and energy metals projects.

The private placement is subject to approval by the TSX Venture Exchange.

Finder’s fees will be payable in accordance with the policies of the TSX Venture Exchange.

Forum Energy Metals is an energy metal company with uranium, copper, nickel and cobalt projects in Saskatchewan.

Forum Energy Metals Corp. (FMC) is down 2.78 per cent on the day, trading at C$0.175 per share at 10:40 am EST.

More From The Market Online

York Harbour Metals reveals promising rare earth sampling assays

York Harbour Metals (TSXV:YORK) shares positive assays from its Bottom Brook rare earth elements project in Newfoundland and Labrador.

One of the best stocks for a silver rebound play

Impact Silver (TSXV:IPT) uncovers a silver vein in Mexico, bolstering its case as one of the best stocks to play a rebound in silver…

Canada Nickel Company posts best result to date at Reid discovery

Canada Nickel Company (TSXV:CNC) releases assays from four drill holes from its 2024 program at its Reid property in Ontario.

Three stocks with multi-bagger potential

The best investors stick to stocks with the most easily discernible reasons in support of their multi-bagger potential.