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03:17:03 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Forum Energy Metals Corp
Symbol FMC
Shares Issued 193,443,150
Close 2023-05-23 C$ 0.085
Market Cap C$ 16,442,668
Recent Sedar+ Documents

Forum Energy corrects multiple mistakes re: financing

2023-05-23 18:03 ET - News Release

Collins Subject: FW: FMC News Release Word Document File: '\\swfile\EmailIn\20230523 143916 Attachment 20230523 FMC NR PP Correction.docx' FORUM ENERGY METALS CORP. Suite 615, 800 West Pender St. Vancouver, B.C. V6C 2V6 Phone: 604-630-1585 www.forumenergymetals.comU info@forumenergymetals.com Not for distribution to United States Newswire Services or for dissemination in the United States FORUM ANNOUNCES CORRECTION TO PRIOR NEWS RELEASES Vancouver, B.C., May 23, 2023 - Forum Energy Metals Corp. (TSX.V: FMC; OTCQB: FDCFF) ("Forum" or "the Company") wishes to correct the following errors: (i) in its April 28, 2023 news release the Company paid $28,700 in cash commission to finders and not $29,400; (ii) in the May 19, 2023 news release the Company issued a total of 400,000 NFT units and FT units to Insiders and not 380,000. The Company relied upon the exemptions contained in Section 5.5(b) and 5.7(b) of Multilateral Instrument 61-101 ("MI 61-101") to avoid the formal valuation and shareholder approval requirements of MI 61-101. For the purposes of Section 5.5(b), the Company does not have any securities listed on any of the stock exchanges set out in Section 5.5(b) and for the purposes of Section 5.7(b) the exemption was available as the consideration paid for the units subscribed for by Insiders was less than $2,500,000. About Forum Energy Metals Forum Energy Metals Corp. (TSX.V: FMC; OTCQB: FDCFF) is a diversified energy metal company with uranium, copper, nickel, and cobalt projects in Saskatchewan, Canada's Number One Rated mining province for exploration and development, a strategic uranium land position in Nunavut and a strategic cobalt land position in the Idaho Cobalt Belt. For further information: https://www.forumenergymetals.com. This press release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Forum's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include but are not limited to: uncertainties related to the historical data, the work expenditure commitments; the ability to raise sufficient capital to fund future exploration or development programs; changes in economic conditions or financial markets; changes commodity prices, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or an inability to obtain permits required in connection with maintaining or advancing its exploration projects. ON BEHALF OF THE BOARD OF DIRECTORS Richard J. Mazur, P.Geo. President & CEO Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For further information contact: Rick Mazur, P.Geo., President & CEO mazur@forumenergymetals.com Tel: 604-630-1585

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