Forsys Metals Corp. is pleased to announce that it has today closed its previously announced bought deal private placement financing of 26,000,000 units of the Company at a price of $0.50 per Unit for aggregate proceeds to the Company of C$13,000,000 . The net proceeds of the Offering will be used for the advancement of the Company's Norasa Project in Namibia and for general corporate purposes. Each Unit consists of one [...]
Forsys Metals Corp. is pleased to announce that due to investor demand in connection with its previously announced "bought deal" private placement , the Company and Canaccord Genuity Corp. and Red Cloud Securities Inc. have agreed to increase the size of the Offering to 26,000,000 units of the Company at a price of $0.50 per Unit for aggregate gross proceeds of C$13,000,000. The Company and the Co-Lead Underwriters have [...]
Forsys Metals Corp. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and Red Cloud Securities Inc. pursuant to which the Co-Lead Underwriters, as lead underwriters and joint bookrunners on behalf of a syndicate of underwriters shall purchase for resale to substituted purchasers, 17,000,000 units of the Company at a price of C$0.50 per Unit on a "bought deal" private placement basis [...]
Forsys Metals Corp. is pleased to announce that in connection with the annual meeting of the Company’s shareholders, that due to the ongoing COVID-19 pandemic was held via teleconference on December 29, 2020, and in accordance with TSX reporting requirements, the following voting results were obtained. A total of 4,364,149 common shares representing 2.62% of the Company`s issued and outstanding common shares were voted in [...]
Forsys Metals Corp. is pleased to announce that further to the Company’s press release dated April 2, 2020, it has filed its annual audited financial statements, management’s discussion and analysis and annual information form together with the related CEO and CFO certifications for the year ended December 31, 2019 under its SEDAR profile at www.sedar.com. FORWARD-LOOKING STATEMENTS This press release contains certain [...]
Forsys Metals Corp., in accordance with the blanket relief of a 45-day extension, provided by Canadian Securities Administrators and Ontario Instrument 51-502: Temporary Exemption from Certain Corporate Finance Requirements, for periodic filings normally required to be made by issuers during the period from March 23, 2020 to June 1, 2020, announces that it was unable to file its audited annual financial statements for the [...]
Forsys Metals Corp. is pleased to announce that it has closed its previously announced non-brokered private placement by issuing 10,000,000 Class A Common Shares in the Company at a subscription price of C$0.10 for gross proceeds of C$1,000,000. Proceeds from the private placement will be used for general working capital purposes. All securities issued pursuant to the private placement are subject to a four-month and [...]
Forsys Metals Corp. is pleased to announce that it has received a commitment from Leonardo Global Trading Ltd. , the Company’s largest shareholder, to raise C$1,000,000 in gross proceeds by way of a non-brokered private placement of 10 million Class A Common Shares in the Company at a subscription price of C$0.10 per Common Share. Proceeds from the private placement will be used for general working capital purposes [...]
Forsys Metals is pleased to announce that in connection with the annual meeting of the Company’s shareholders, that was held in London, UK, on June 27, 2019, and in accordance with TSX reporting requirements, the following voting results were obtained. A total of 83,248,017 common shares representing 53.06% of the Company’s issued and outstanding common shares were voted in connection with the Meeting [...]
Forsys Metals Corp. is pleased to announce that it has filed its annual audited financial statements, management’s discussion and analysis and related CEO and CFO certifications for the year ended December 31, 2018, and the annual information form for the year ended December 31, 2018 on its SEDAR profile at www.sedar.com. The Company is also pleased to announce that the cease trade order issued by the Ontario [...]
Forsys Metals Corp. announced today that the Ontario Securities Commission has issued a failure-to-file cease trade order as a result of the Company’s delay in the filing of its annual audited financial statements, management’s discussion and analysis and related CEO and CFO certifications for the year ended December 31, 2018 and the annual information form for the year ended December 31, 2018 . As announced [...]
Forsys Metals Corp. announced today that the filing of its annual audited financial statements, management’s discussion and analysis and related CEO and CFO certifications for the year ended December 31, 2018 and the Company’s annual information form, is delayed beyond the filing deadline of April 1, 2019 due to the incompletion of the audit in respect of certain records related to the Company’s 51 [...]