Forum Uranium Corp.
TSX VENTURE : FDC

Forum Uranium Corp.

November 27, 2006 14:09 ET

Forum Hires European Investor Relations

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 27, 2006) - Forum Uranium Corp. (TSX VENTURE:FDC) is pleased to announce that it has appointed Ms. Carrie Howes as its European investor relations counsel. Ms. Howes' mandate is to increase awareness within the European investment community regarding Forum's Canadian uranium exploration activities.

Ms. Howes has spent over 10 years introducing small cap resource companies to European financial institutions and investors. Prior to forming her own investor relations business, Ms. Howes worked in institutional sales for a UK-based Canadian brokerage firm.

Ms. Howes' first initiative will be to introduce Forum to contacts in London, Zurich and Frankfurt in early December. Ms. Howes will communicate developments during Forum's busy winter exploration season when 5,000 metres will be drilled on priority targets in the Athabasca region, Saskatchewan.

Ms. Howes has been engaged for a one year term at a rate of Cdn$4,000 per month and pursuant to the Company's stock option plan, will be granted 200,000 stock options at a price of $0.66 for a term of five years. In addition, the Directors of Forum will grant a further 225,000 stock options to certain directors, employees and consultants at a price of $0.66 for a term of five years.

About Forum Uranium

Forum Uranium Corp. is a Canadian-based energy company with a focus on the acquisition, exploration and development of uranium projects. The Company has a 100% interest in over 160,000 hectares of uranium exploration properties, a 65% interest in the Costigan Lake Joint Venture and a 50% interest in the Haultain River Joint Venture located in the prolific Athabasca Basin, Saskatchewan. Forum also has a 50% joint venture interest in over 100,000 hectares of prospective ground nearby AREVA's Kiggavik uranium deposit in the Thelon Basin, Nunavut Territory. Forum is the Operator of all its exploration projects.

ON BEHALF OF THE BOARD

Richard J. Mazur, P.Geo., President & CEO


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