Forsys Metals Corp

Forsys Metals Corp

April 21, 2008 12:58 ET

Forsys Clarifies Uranium Project on Track

TORONTO, ONTARIO--(Marketwire - April 21, 2008) - Forsys Metals Corp. (TSX:FSY) -

The Company is aware of the publication today by the Reuters Press Agency of a report regarding the water permits issued in favour of Valencia Uranium (Pty) Ltd as advised in the Company's News release dated February 25 2008. The Reuters report gives the misleading impression that the Company no longer has the right to extract groundwater for construction and further states that as a consequence the Company's plans to construct the Valencia uranium mine have been disrupted. Reuters have been made aware of the wholly inaccurate nature of this report and are dealing with the matter. In the meantime the Company confirms that its rights to extract water are unaffected and there has been no disruption to the Company's plans or operations going forward.

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

Duane Parnham, President and CEO

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Forward-Looking Information

This press release contains "forward-looking information". All information, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, information regarding the estimation of mineral resources, potential mineralization and resources, exploration and development plans and the Company's objective of identifying in the short term NI 43-101-compliant mineral resources) are considered forward-looking information. Such forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, the possibility that future exploration results will not be consistent with the Company's expectations or the historical estimate, the uncertainties involved in interpreting exploration results and other geological data and the other risks involved in the mineral exploration and development industry. All forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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