KIG Mining Plc Announces That It Has Secured a 10 Million Line of Funding

Under an agreement signed on 7 July 2009, GEM Global Yield Fund Limited, the UK based private investment group, has agreed to provide KIG Mining Plc with €10 million over the next three years in the form of an equity line of credit. KIG will control the timing and maximum amount of any draw down under this credit line. On drawdown, KIG will issue ordinary shares to GEM Global at a price per share... 

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Forum Uranium Identifies Drill Targets at the Hobo Zone, Key Lake Road Project, Northern Saskatchewan

Forum Uranium Corp. is pleased to announce that more than 28 line kilometres of electromagnetic conductors have been delineated by an airborne survey on the 111,564 hectare Key Lake Road uranium property in the Athabasca Basin, northern Saskatchewan. During the 2006 summer exploration program, Forum discovered uranium mineralization on surface grading up to 1.82% U3O8 in grab samples at the Hobo Zone... 

Forum Uranium and Global Uranium commence drilling at Orchid Lake

Forum Uranium and Global Uranium Commence Drilling at Orchid Lake Vancouver, British Columbia – Forum Uranium Corp. (FDC: TSX-V) is pleased to announce the commencement of a 1,500 metre (m) drill program on Forum’s 100% owned Orchid Lake Uranium property, located 20 kilometres (km) west of the Key Lake Mine/Mill Complex in the prolific Athabasca Basin of northern Saskatchewan. A total of...