Forsys Metals Announces Strategic Review

Forsys Metals Announces Strategic Review

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TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) — Forsys Metals Corp. (TSX: FSY) (FSE: F2T) (NSX: FSY) (“ Forsys ” or the “ Company ”) is pleased to announce the appointment of Bacchus Capital Advisers (“ Bacchus Capital ”) to conduct a strategic review of the Company’s 100% owned Norasa Uranium Project ( “ Norasa ”), located in Namibia, Africa.

The decision to undertake a strategic review of Norasa has been prompted by the ongoing developments in the uranium market and the structural misalignment of flat or declining supply versus growing demand. The strategic review will consider, evaluate and compare a broad selection of potential options for the purpose of identifying opportunities to maximise the value of Norasa for the Company’s shareholders. As part of the strategic review, Bacchus Capital will undertake a detailed evaluation of […]

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