Forsys announces board changes

Three new directors have been elected to the board of uranium hopeful Forsys, the company reported on Tuesday. Thomas Allen, Ricardo Campoy and Lodovico Simone were elected as non-executive directors on shareholders' nomination at the firm's...

Forsys Metals hires new CEO

Uranium junior Forsys Metals has appointed former First Quantum Minerals executive Marcel Hilmer as CEO, the firm announced on Monday. Hilmer will replace Duane Parnham, who is stepping down from the position, but will continue on the board as...

Forsys would consider reopening talks with George Forrest

Uranium junior Forsys Metals would consider reopening discussions with George Forrest International (GFI), if it offered proof that it had the funds needed to complete the now-terminated agreement between the two firms, Forsys CEO Duane Parnham...

Forsys loses patience, breaks off George Forrest deal

Uranium junior Forsys Metals has terminated its agreement with George Forrest International (GFI), citing the other company's ongoing failure to transfer the funds to complete a C$579-million friendly takeover of Forsys. “As of today's date,...

George Forrest International offers C$579m for Forsys

Shares in uranium explorer Forsys Metals leapt 29,3% on Monday, after the company announced that it had agreed to a buyout offer from a company controlled by veteran Democratic Republic of Congo miner George Forrest. George Forrest International...

Namibia uranium mine cleared for takeoff after mining licence awarded

Toronto-based Forsys Metals has been granted a mining licence for its Valencia uranium project, in Namibia, and can now go ahead with full-scale development of the project, the company announced on Thursday. The 25-year nuclear fuel licence was...

Forsys to receive licence for Namibia uranium mine

Toronto-based Forsys Metals has been informed that the Namibian Ministry of Mines and Energy is prepared to grant a mining licence for its Valencia uranium mine in the country, and expects to receive the permit “within a few weeks”,...

Forsys granted water permits to build Namibia uranium mine

TSX-listed Forsys Metals has received permits from the Namibian Ministry of Agriculture, Water and Forestry to remove local ground water for use at its Valencia uranium project, the company said this week.

Canadian uranium explorer to trade on Namibian bourse

TSX-listed uranium development and exploration company Forsys Metals will begin trading on the development board of the Namibian Stock Exchange on December 11, under the symbol FSY, the company announced on Wednesday. Forsys will be only the...

Canadians rope in Koreans to raise capital for Namibian uranium venture

Toronto Stock Exchange-listed Forsys Metals Corporation has roped in Korean nuclear energy firm Korea Hydro & Nuclear Power Company (KHNP) to help raise capital for its Namibian uranium venture which, company officials say, is to take off in...

Forsys hires GRD Minproc for engineering at Namibian uranium project

Namibian-focused energy company Forsys Metals Corp has enaged construction firm GRD Minproc to provide engineering services relating to the feasibility study for it's Valencia uranium project, in Namibia.