Off-market insider buying at Forum Energy Metals (V:FMC)

Paul Dennison, a Director, acquired 1,351,351 Common Shares on a direct ownership basis at a price of $0.274 through a prospectus or prospectus exempt offering on February 24th, 2021. The insider also acquired 1,351,351 Warrants with an exercise price of $0.420 for three years. This represents a $370,270 investment into the company's shares and an account share holdings change of 67.6%.

Forum Energy Metals is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Forum Energy Metals Corp, formerly Forum Uranium Corp, is a Canada-based mineral exploration company with a focus on the acquisition, exploration and development of energy metals such as uranium and copper. Its projects include Fir Island, Henday Lake, Highrock Lake, Karpinka, Key Lake Road, Maurice Point, Clearwater, and Ukaliq, among others. Its North Thelon Project covers over 197,300 hectares and consists of over three project areas, including the Kiggavik North and South areas, the Agnico-Eagle Option area and the Inuit Owned Land (IOL) areas; the northern half of IOL BL-21, and the area of BL-32. Its North Thelon project is located on the eastern margin of the Thelon Sandstone Basin, over 50 kilometers west of Baker Lake, Nunavut. Its Northwest Athabasca property consists of approximately eight claims for over 10,161 hectares. Its Key Lake Road projects consist of over 20 claims in a range of properties: Key Lake Road, Highrock and Highrock South, Karpinka, Costigan and Orchid.