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| | Fri Oct 30, 2009
Forum Appoints New Director
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| | Vancouver, B.C., October 30, 2009. Forum Uranium Corp (FDC: TSX-V) is pleased to announce the appointment of Larry Okada as a director of Forum Uranium Corp. Mr. Okada is a member of both the Canadian Institute of Chartered Accountants and the Washington State Certified Public Accountants Association with over 32 years experience providing financial management services to publicly traded companies, with emphasis on junior mineral exploration companies. He holds a B.A. in Economics and was in public practice with his own firm of Staley, Okada and Partners and PricewaterhouseCoopers LLP. Larry will act as Chairman of Forum's Audit Committee.
"Forum is looking forward to having an executive of Larry's calibre on board and we know he will be a great asset to the team," stated Rick Mazur, President and CEO of Forum Uranium Corp.
The Company also announces that, in accordance with the Company's stock option plan, it has granted to Mr. Okada incentive stock options to purchase up to an aggregate of 250,000 common shares exercisable on or before October 27, 2014 at a price of $0.15 per share.
About Forum Uranium
Forum Uranium Corp. is a Canadian-based energy company with a focus on the acquisition, exploration and development of Canadian uranium projects in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut. Forum has assembled a highly experienced team of exploration professionals with a track record of mine discoveries for unconformity-style uranium deposits in Canada. The Company has a strategy to discover near surface uranium deposits nearby existing infrastructure by exploring on its 100% owned properties and through strategic partnerships and joint ventures.
ON BEHALF OF THE BOARD
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
Or
Mark Prosser
Corporate Communications
FORUM URANIUM CORP.
910-475 Howe Street
Vancouver, BC V6C 2B3
Tel: 604-638-3947
Fax: 604-662-3609
info@forumuranium.com
www.forumuranium.com |
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