James A. Hutton Appointed to Forum's Advisory Board
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 09/12/13 -- Forum
Uranium Corp. (TSX VENTURE:FDC) is pleased to announce the
appointment of James A. Hutton to Forum's Advisory Board. Mr. Hutton
will advise management and the Board on corporate and financial
Mr. Hutton has spent his career in the financial services industry
and for the past 25 years has specialized in resource company
finance. Mr. Hutton is the President & Chief Executive Officer of
Hutton Capital Corporation. Hutton Capital Corporation was an
original investor in Roughrider Uranium Corp. which was acquired by
Hathor Exploration Limited in 2006. Mr. Hutton was Chairman of Terra
Ventures Inc. which owned a 10% carried interest in Hathor's Midwest
North East Project. Terra was acquired by Hathor in August, 2011 and
subsequently Hathor was acquired by Rio Tinto in January, 2012.
He was the founder and President of Canada Dominion Resources Group
of Companies, one of the largest flow through share funds in Canada.
During Mr. Hutton's tenure, the Canada Dominion Resources Group
completed in excess of $800 million in offerings, which subsequently
focused their investments on mining and energy issuers actively
exploring for resources in Canada. The Canada Dominion Resources
Group was acquired from Mr. Hutton by the Dundee/Dynamic Mutual fund
organization in December of 2006. During the acquisition period, Mr.
Hutton served as President and COO of CMP Resource Group from 2003 to
2005. He is currently on the Board of Santacruz Silver Mining Inc.
and is the President and Director of EFLO Energy Inc.
Mr. Hutton commented, "I am quite impressed with the quality of
Forum's uranium portfolio and management team. I look forward to
working with the Company as it advances its exploration assets to
discovery. I am thoroughly convinced that nuclear energy and the
uranium sector have a bright future."
Richard Mazur, President and CEO stated, "James' appointment to the
Forum team in an advisory capacity adds a key component for the
future growth of the Company. As with our technical team's track
record for discovery, James' track record for success in the
financial sector speaks for itself. The Board of Directors welcome
Mr. Hutton to the Company."
Forum also announces that, in accordance with the Company's stock
option plan, it has granted to certain of its directors, officers,
employees and consultants incentive stock options to purchase up to
an aggregate of 600,000 common shares exercisable on or before
September 12, 2018 at a price of $0.37 per share.
About Forum Uranium
Forum Uranium Corp. is a Canadian-based energy company with a focus
on the acquisition, exploration and development of Canadian uranium
projects. Forum has assembled a highly experienced team of
exploration professionals with a track record of mine discoveries for
unconformity-style uranium deposits in Canada. The Company has a
strategy to discover near surface uranium deposits in the Athabasca
Basin, Saskatchewan and the Thelon Basin, Nunavut by exploring on its
100% owned properties and through strategic partnerships and joint
ON BEHALF OF THE BOARD OF DIRECTORS
Richard J. Mazur, P.Geo., President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Forum Uranium Corp.
President & CEO
Forum Uranium Corp.
Director, Corporate Affairs
CHF Investor Relations
Senior Account Manager
416-868-1079 x 228
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