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Forsys Metals Corp.

Publié le 23 avril 2008

Clarifies Uranium Project on Track

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Mots clés associés :   Uranium |

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Forsys Metals Corp.
TSX:FSY
Other Recent News

April 21, 2008
Forsys Clarifies Uranium Project on Track
TORONTO, ONTARIO--(Marketwire - April 21, 2008) - Forsys Metals Corp. (TSX:FSY) -

The Company is aware of the publication today by the Reuters Press Agency of a report regarding the water permits issued in favour of Valencia Uranium (Pty) Ltd as advised in the Company's News release dated February 25 2008. The Reuters report gives the misleading impression that the Company no longer has the right to extract groundwater for construction and further states that as a consequence the Company's plans to construct the Valencia uranium mine have been disrupted. Reuters have been made aware of the wholly inaccurate nature of this report and are dealing with the matter. In the meantime the Company confirms that its rights to extract water are unaffected and there has been no disruption to the Company's plans or operations going forward.

On Behalf of the Board of Directors of Forsys Metals Corp.

Duane Parnham, President and CEO

For further information visit our web site at www.forsysmetals.com.

Sedar Profile #00008536

Shares Outstanding: 77,003,998

Forward-Looking Information

This press release contains "forward-looking information". All information, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, information regarding the estimation of mineral resources, potential mineralization and resources, exploration and development plans and the Company's objective of identifying in the short term NI 43-101-compliant mineral resources) are considered forward-looking information. Such forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, the possibility that future exploration results will not be consistent with the Company's expectations or the historical estimate, the uncertainties involved in interpreting exploration results and other geological data and the other risks involved in the mineral exploration and development industry. All forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.


The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Forsys Metals Corp.
Bruce Hall
Chief Communications Officer
(905) 844-4646
Email: bhall@forsysmetals.com

or

In Namibia
Forsys Metals Corp.
+264 61 219 462
Email: vul@forsysmetals.com
Website: www.forsysmetals.com

INDUSTRY: Manufacturing and Production - Mining and Metals

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Forsys Metals Corp.

EN DÉVELOPPEMENT
CODE : FSY.TO
ISIN : CA34660G1046
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Forsys Metals est une société d’exploration minière de zinc et de cuivre basée au Canada.

Forsys Metals est en développement de projets de zinc, de cuivre et d'uranium en Namibie, et détient divers projets d'exploration en Namibie.

Son principal projet en développement est VALENCIA URANIUM en Namibie et ses principaux projets en exploration sont OMARURU, ELBE PROJECT, ONDUNDU et NAMIBPLAAS en Namibie.

Forsys Metals est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 124,0 millions CA$ (90,8 millions US$, 84,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 20 avril 2007 à 9,94 CA$, et son plus bas niveau récent le 30 juin 2016 à 0,05 CA$.

Forsys Metals possède 145 910 000 actions en circulation.

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Rapports annuels de Forsys Metals Corp.
2008 Annual Report
Annual Report 2007
Financements de Forsys Metals Corp.
28/11/2011Announces Completion of Private Placement
Nominations de Forsys Metals Corp.
15/08/2012Appoints Martin Hirsch as Chief Geologist
11/06/2012Appoints Director Finance and Establishes Office in Perth
28/07/2008Appoints Valencia General Manager
07/03/2008Appoints New Chief Financial Officer
Rapports Financiers de Forsys Metals Corp.
15/08/2011Announces Second Quarter 2011 Financial and Operational Resu...
Projets de Forsys Metals Corp.
28/09/2012(Namibplaas)Announces: Updated Namibplaas Resource
26/03/2012(Namibplaas)Completes Acquisition of Remaining 30% Interest in Namibplaa...
01/02/2012(Ondundu)to Retain Control of The Ondundu Gold Project
24/10/2011(Namibplaas)Announces Agreement to Acquire Remaining 30% of Namibplaas U...
02/02/2011(Namibplaas)Announces Additional Positive Namibplaas Drilling Results an...
31/03/2010(Ondundu)TECHNICAL REPORT ON THE ONDUNDU GOLD PROJECT EPL3195, NAMIB...
21/08/2008(Valencia Uranium)Valencia Uranium Project, Namibia Mining Licence Granted
06/08/2008(Valencia Uranium) Confirms Deeper Uranium Mineralization at Valencia
22/07/2008(Valencia Uranium) Continues Drilling at Valencia Expanding Pit Bottom and Ove...
27/06/2008(Valencia Uranium) Adds Fourth Drill Rig to Test North Anomaly at Valencia
13/06/2008(Valencia Uranium)Mineralization Expansion and Grade Improvement at Valencia-F...
04/06/2008(Valencia Uranium)Receives Environmental Clearance for Valencia
29/04/2008(Valencia Uranium) Expands Uranium Zones at Valencia
01/04/2008(Ondundu)Increases Ownership of Ondundu Gold Project in Namibia to 90...
13/02/2008(Valencia Uranium)Announces Joly Zone Trenching Results
29/01/2008(Valencia Uranium) Provides Joly Zone Update
14/01/2008(Valencia Uranium)Reports Drilling Results and Resumes Drilling at Valencia
26/03/2007(Valencia Uranium)Significant Increase for the Valencia Uranium Resource
Communiqués de Presse de Forsys Metals Corp.
14/09/2015Forsys Metals Announces Non-Brokered Private Placement Updat...
12/08/2015Forsys Metals Announces Non-Brokered Private Placement
18/03/2015Forsys Releases Feasibility Study Results for Norasa Uranium...
26/11/2014Forsys Provides Norasa Uranium Project Feasibility Study Upd...
29/10/2014Forsys Closes $2.4 Million Private Placement
09/10/2014Forsys Provides Update on Private Placement & Progress on th...
07/07/2014Forsys Metals Initiates Feasibility Study for Norasa Uranium...
23/05/2014Forsys Announces Annual and Special Meeting Voting Results
27/03/2014Forsys Files Updated NI 43-101 Technical Report on Norasa Ur...
20/03/2014Forsys Adopts Advance Notice Policy for Director Nominations...
07/10/2013Provides Updated Mineral Resource Estimate for Its Norasa Ur...
02/05/2013(Valencia Uranium)Announces Results of Positive Engineering Cost Study for Its...
19/03/2013Reports Positive Exploration Drilling Results and Confirms H...
23/01/2013Significant New Exploration Results at Recently Discovered V...
26/01/2012(Namibplaas)Announces Additional High Grade Zones from Namibplaas Phase ...
05/10/2011Enters Into Share Subscription Agreement to Raise C$8,000,00...
15/09/2011(Namibplaas)Announces Maiden Resource Statement Namibplaas Project-Namib...
10/08/2011Announces Up to 92% Recoveries from Heap Leach Laboratory Te...
11/07/2011(Namibplaas)Announces Discovery of Extensive High Grade Zones From Ongoi...
15/05/2011Proposed Changes to Namibian Mineral Policy Will Not Affect ...
03/03/2011Announces Settlement Agreement With GFI and George Forrest
11/12/2008Corporate Quarterly Update
14/11/2008George Forrest International Afrique S.P.R.L. to Acquire For...
16/09/2008Corporate Quarterly Update
27/06/2008Clarifying Press Release-Mineral Resource and Mineral Reserv...
16/06/2008Corporate Quarterly Update
23/04/2008Clarifies Uranium Project on Track
11/04/2008Namibia to Build Second Desalination Plant for Uranium Mines
06/03/2008Prepares for Contract Mining at Valencia
25/02/2008Receives Water Permits
06/02/2008Uranium Exploration Licences Renewed
23/03/2007Completes Acquisition of Remaining 10% of Valencia Uranium D...
28/02/2007Completes $47.5 Million Financing
26/02/2007Acquires 70% of Ancash Investments and 5 Additional Uranium ...
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