| Home : Forum and Rio Tinto Canada Uranium Corporation Amend Henday Option Agreement; Rio Tinto to Earn a Further 10% Interest for $20 Million in Exploration |
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Nov 04
2015 |
Forum and Rio Tinto Canada Uranium Corporation Amend Henday Option Agreement; Rio Tinto to Earn a Further 10% Interest for $20 Million in Exploration |
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VANCOUVER, BC--(Marketwired - November 03, 2015) - Forum Uranium Corp. (TSX VENTURE: FDC) ("Forum" or the "Company") and Rio Tinto Canada Uranium Corporation ("RTCUC") have agreed to amend the Property Option Agreement (the "Option") with Hathor Exploration Limited ("Hathor") on the Henday property ("Henday") in the Athabasca Basin, northern Saskatchewan. RTCUC acquired Hathor's interest in the Option with the acquisition of Hathor in 2012. RTCUC has earned a 60% interest in Henday and has given notice to Forum of its election to earn an additional 10% interest in the Henday property. |
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| Source:http://www.marketwired.com/mw/release.do?id=2069700&sourceType=3 |
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