Forsys Announces Annual and General Meeting Voting Results

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Forsys Announces Annual and General Meeting Voting Results

TORONTO, ONTARIO--(Marketwired - May 4, 2016) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce that in connection with the annual and general meeting of the Company's shareholders held in Toronto on May 3, 2016 (the 'Meeting') and in accordance with section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, the following voting results were obtained.

A total of 1,962,235 common shares representing 1.45% of the Company's issued and outstanding common shares were voted in connection with the Meeting. Shareholders voted in favour of the election of the director nominees as follows:

         
NOMINEE VOTES FOR % FOR VOTES WITHHELD % WITHHELD
Martin Rowley 1,511,194 98.21 27,586 1.79
Marcel Hilmer 1,510,741 98.18 28,039 1.82
Paul Matysek 1,511,627 98.24 27,153 1.76
Mark Frewin 1,515,741 98.50 23,039 1.50
Claudio Cornini 1,508,618 98.04 30,162 1.96
Jorge Estepa 1,515,732 98.50 23,048 1.50

Shareholders also voted in favour of the other item of business considered at the Meeting, being the re-appointment of PricewaterhouseCoopers as the Company's auditors.

For further details visit the Company's website at www.forsysmetals.com or the Company's filings on SEDAR at www.sedar.com.

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 are available on the Company website. Shares outstanding: 134.9M

On behalf of the Board of Directors of Forsys Metals Corp. Marcel Hilmer, Chief Executive Officer

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.

Forsys Metals Corp.
Marcel Hilmer, Chief Executive Officer
+61 417 177 942
[email protected]
www.forsysmetals.com
Sedar Profile #00008536

NATIONAL Equicom
Joe Racanelli
+1 416-586-1943
[email protected]

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).