Forsys Metals Corp
TSX : FSY
FRANKFURT : F2T

Forsys Metals Corp

September 26, 2007 09:43 ET

Forsys Takes Steps to Provide Water for Valencia

TORONTO, ONTARIO--(Marketwire - Sept. 26, 2007) - Forsys Metals Corp ("Forsys" or the "Company")(TSX:FSY) is pleased to announce the signing of a Memorandum of Understanding ("MOU" or the "Agreement") with The Namibia Water Corporation ("NamWater") which formalizes the Company's support of NamWater's seawater desalination project. The signing of this Agreement enables the Company's flagship Valencia Uranium Project in Namibia to continue with its scheduled development and construction activities through to a proposed production start-up in late 2009.

Duane Parnham, CEO of Forsys, stated "We are extremely excited about signing this Agreement as it is a step towards assuring the necessary volume and quality of water within the necessary timeframe to develop Valencia."

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Contact Information

  • Forsys Metals Corp.
    Duane Parnham
    Chairman & CEO
    (416) 601-1286
    Email: dparnham@forsysmetals.com
    or
    Forsys Metals Corp.
    Bruce Hall
    Chief Communications Officer
    (416) 601-1286