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FSY Forsys Metals Corp

1.03
0.09 (9.57%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Forsys Metals Corp TSX:FSY Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.09 9.57% 1.03 1.00 1.03 1.03 0.92 0.92 449,243 21:00:01

Forsys Appoints Martin Hirsch as Chief Geologist

15/08/2012 2:28pm

Marketwired Canada


Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the
"Company") is pleased to announce the appointment of Martin Hirsch as the Chief
Geologist of the Company. 


Mr Hirsch is a professionally registered geologist with a Master's Degree in
Geology from the Johan Wolfgang Goethe University in Frankfurt au Main, Germany.


Mr Hirsch has more than 20 years experience in opencast mining and exploration
project management in uranium and diamonds. Mr Hirsch has gained valuable
industry and Namibian experience whilst in the employment of Rio Tinto at its
Rossing Uranium Mine and at Areva Resources Namibia. 


Forsys' CEO, Marcel Hilmer commented, "We are thrilled Martin is joining our
senior management team and believe he will make a great contribution to the
Company's future success. The knowledge and experience obtained during his years
as the Chief Geologist at the Rossing Uranium Mine will greatly assist with our
on-going uranium development and exploration programs in Namibia."


Our previous Chief Geologist, Johan De Bruin departed the Company on July 17, 2012. 

About Forsys Metals Corp.

Forsys Metals Corp. is an emerging uranium producer with 100% ownership of both
the fully permitted Valencia Uranium Project and 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 the Valencia and Namibplaas Uranium Project's is available on our
website.


On behalf of the Board of Directors of Forsys Metals Corp.

Marcel Hilmer, Chief Executive Officer

Sedar Profile #00008536

(12-08)

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, dated March 29, 2011, 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.


Shares Outstanding: 109,875,422

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