Forsys - Produktionsbeginn
Toronto, ON – August 12, 2015 - Forsys Metals Corp. (TSX: FSY) (FSE: F2T) (NSX: FSY) (“Forsys” or the “Company”) is pleased to announce that it intends to raise up to C$2.2m in gross proceeds by way of a non-brokered private placement of up to 16.9m units (“the Units”) in the Company at a subscription price of $0.13 per Unit.
Each Unit will consist of one Class A Common Share (“Common Share”) and one half of one Common Share purchase warrant that entitles the holder to acquire a new Common Share in Forsys at a price of $0.25 for a period of two years from the date of issue.
Proceeds from the private placement will be used to fund the Norasa Uranium project in Namibia, as well as for general working capital purposes.
Forsys has received a firm commitment from Leo Fund Managers Limited (“Leo”), the Company’s largest shareholder, whereby Leo will subscribe on behalf of certain of its funds for 7.9 million Units for gross proceeds of C$1.03m. Forsys Chief Executive Officer Marcel Hilmer said, “A further investment in the Company by Leo, a leading European financial services company based in London, demonstrates a continuing commitment by Leo to the Company specifically and the uranium industry in general.”
The Offering is expected to close on or about August 17, 2015. All securities issued through the private placement will be subject to a four-month and one-day hold period from the date of the closing. Completion of the private placement is subject to customary approvals and conditions. Finders’ fees may be payable on all or a portion of the non-brokered placement.
About Forsys Metals Corp.
Forsys Metals Corp. is an emerging uranium producer with 100% ownership of the Norasa project that comprises the fully permitted Valencia uranium project and the Namibplaas uranium project in Namibia, Africa a politically stable and mining friendly jurisdiction. Information regarding current National Instrument 43-101 compliant Resource and Reserves at Valencia and Namibplaas and the March 2015 Definitive Feasibility Study are available on the Company website. Shares outstanding: 119.3M
On behalf of the Board of Directors of Forsys Metals Corp. Marcel Hilmer, Chief Executive Officer
For additional information please contact:
Marcel Hilmer, Chief Executive Officer Joe Racanelli, NATIONAL Equicom
Telephone: +61 417 177 942 Telephone: +1 416-815-0700 Ext 243
Email: mhilmer@forsysmetals.com Email: jracanelli@nationalequicom.com
www.forsysmetals.com
Sedar Profile #00008536
Forward-Looking Information
This news release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. The following are important factors that could cause Forsys actual results to differ materially from those expressed or implied by such forward looking statements: fluctuations in uranium prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology; continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs; recovery rates, production estimates and estimated economic return; general market conditions; the uncertainty of future profitability; and the uncertainty of access to additional capital. Full description of these risks can be found in Forsys Annual Information Form available on the Company’s profile on the SEDAR website at www.sedar.com. These risks and uncertainties could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from anticipated in such information. These and all subsequent written and oral forward looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Nee mal im ernst, sollte Leo bei der Stange bleiben was sie ja zwangsläufig müssen aufgrund ihrer in der Vergangenheit hohen Einstiegskurse bei Forsys, dann könnte es doch noch gelingen das Projekt in die Produktion zu bringen. Wichtig wäre ein starker Investor und gleichzeitiger Abnehmer für das Uran.
Mich würde mal interessieren zu welchem Durchschnittskurs Leo Fund investiert ist, aber das wird wohl deren Geheimniss bleiben.
gefragt, um dass zu ändern bedarf es einer weltweiten Katastrophe, leider.
Einer Katastrophe allerdings, die nicht auf einen Atomunfall beruht.
ca 1,50 CAD. Da ist die neuste Privatplatzierung schon drin enthalten.
In Summe besitzt Leo jetzt 73.606.400 Aktien. Das entspricht knapp 54%.
Von den Optionen der letzten Jahre dürfte Leo keine gezogen haben, da der Kursverlauf nicht entsprechend war.
INSTITUTIONAL HOLDERS
% Shares Owned: 55.17%
# of Holders: 3
Total Shares Held: 65,814,674
3 Mo. Net Change: -20,900
# New Positions: 1
# Closed Positions: 0
# Increased Positions: 1
# Reduced Positions: 1
# Net Buyers: 0
Stand jetzt.
z.zgl. ca. 17mio shares bei Schließung des PP´s
Und nach so vielen Jahren werden denen 30% Gewinn wohl kaum reichen.
Leo,DFA und SMP sind die Instis und die hatten vor dem PP 66.038.770 Aktien in Summe. Neu ist die Patten Group mit 7000 Stück. Ich gehe davon aus das die meisten langjährigen "Forsysfreunde" mehr Stücke halten. Von daher auch nicht erwähnungswert.
@Cicco bis Ende 2015 brauchen wir wohl nicht mehr warten...
Seid doch froh, das sich in so einer Situation jemand um diese Perle kümmert/investiert.
Aber es gilt wie immer:
Kurse machen Nachrichten
Bezugnehmend auf bb28 hat Leo jetzt ca. 73,6 Mio. Shares mit einem ds. EK von ca. 1,50 CAD (also ca. 1,0 Euro).
heute heißt sie Focus Minerals und wurde 1 zu10 gesplittet und und und nichts mehr wert Dein Geld (-:
Aber der hat sein Geld verdient für das geschreibsel (glaub ich).