Forum Announces Non-Brokered Flow Through Private Placement of up to $1.7 Million

Forum Energy Metals Corp. ( TSXV: FMC ) (OTCQB: FDCFF) ("Forum" or "the Company") is pleased to announce a non-brokered private placement of up to 13,076,923 flow-through units of the Company (the "FT Units") at a price of $0.13 per FT Unit for gross proceeds to the Company of up to $1,700,000 (the "Offering").

Each FT Unit will consist of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each, a " FT Share ") and one-half of one common share purchase warrant (each whole warrant, a " Warrant "). Each Warrant will entitle the holder thereof to purchase one common share (each, a " Warrant Share ") at a price of C$0.17 for a period of 24 months following the closing date of the Offering.

The use of proceeds are for drilling at its 100% owned Wollaston […]

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