| Forsys Metals Corp |  | Forsys Metals Corp is an innovative uranium development Company focused on creating shareholder value by developing uranium assets in Namibia, Africa. The Valencia Uranium Deposit, the Company’s flag ship project, is 100% owned and is one of only a handful of new uranium projects around the globe that is scheduled for production in next couple of years. Valencia’s robust financial model underpins our strategic position to participate in an energy sector that is enjoying very positive long-term fundamentals.
As announced in our news release dated August 21, 2008, the Company received our Mining Licence No. 149 for the Valencia project. Granting of the Mining Licence is the most significant milestone in the development of Valencia, and is only the second Licence to be granted within the last few decades in Namibia. Forsys Metals Corp Company holds five additional uranium licenses in the region, solidifying a pipeline of uranium projects far into the future. Exploration on these uranium projects, which are near to Valencia, has uncovered high grade uranium mineralization that appears to be very promising; additional exploration on these as well as other areas is ongoing. With an ever increasing requirement for uranium combined with extremely positive industry fundamentals, Forsys offers excitement to increase shareholder value by bringing Valencia into production while providing organic growth with new discoveries. | | Visit Website | | Office Address | 277 Lakeshore Rd. East, Ste. 403,
Oakville, ON, L6J1H9 Canada | | Phone | (905) 844-4646 | | Fax | (905) 844-8949 | | Executives | Martin R. Rowley, Chairman | | Marcel Hilmer, CEO and Director |
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