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File: FMC NR Close FT Share PP $0.055 Aug 24 2018.docx

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NEWS RELEASE

FORUM CLOSES FLOW THROUGH PRIVATE PLACEMENT 
Vancouver, B.C., August 24, 2018.  Forum Energy Metals Corp. (FMC: TSX-V) is pleased to announce it has closed its non
--->-brokered private placement announced on August 23, 2018. The Company raised $104,500 through the issuance of 1,900,00
--->0 flow through common shares at a price of $0.055 per flow through share. The Company paid $7,315 in cash commission a
--->nd issued 133,000 finder warrants at a price of $0.055 for a one year term expiring August 23, 2019. All securities is
--->sued are subject to a four month restrictive hold period expiring December 24, 2018.
The proceeds from this financing will be used for exploration of the Company`s Janice Lake copper project.

About Forum Energy Metals
 
Forum Energy Metals Corp (TSX.V: FMC) explores for energy metals, most notably copper and uranium in Saskatchewan, Can
--->ada's Number 1 mining province, and is evaluating other energy metals opportunities in North America. In addition, For
--->um is well positioned for when the uranium market rebounds with interests in 7 drill ready projects in the Athabasca B
--->asin, all assembled by a highly experienced team of exploration professionals with a track record of mine discoveries 
--->for unconformity-style uranium deposits in Canada.
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, President & CEO
mazur@forumenergymetals.com
Tel: 604-630-1585

Craig Christy, VP Corporate Development
cchristy@forumenergymetals.com
Tel: 250-863-0561