Forsys Metals Corp
TSX : FSY
FRANKFURT : F2T

Forsys Metals Corp

September 18, 2007 16:45 ET

Forsys Announces Management Changes

TORONTO, ONTARIO--(Marketwire - Sept. 18, 2007) - Forsys Metals Corp. (TSX:FSY) ("Forsys" or the "Company") would like to announce the appointment of Duane Parnham to the position of Acting President. Mr. Parnham will also continue in his role as Chairman and CEO of Forsys. At this time the Company is in the process of reviewing a number of potential candidates with extensive mining start-up and mining operations experience to fulfill the position of President for Forsys on a full time basis.

Forsys is also pleased to announce that Tsumeb Exploration Company which holds licenses to the Valencia Uranium project, has now become Valencia Uranium (Pty) Limited. Valencia is an advanced stage near term uranium producer.

The Company also at this time announces the immediate resignation of Mr. Wayne Isaacs as President and Director of Forsys. We would like to thank Wayne for his contribution to the Company over the past and wish him success in all of his future endeavors.

Shares Outstanding: 74,774,204

Contact Information

  • Forsys Metals Corp.
    Duane Parnham
    Chairman and CEO
    (416) 601-1286 in Toronto
    Website: www.forsysmetals.com