Forum National Investments Ltd.

Aliya LifeSpan LLC

June 19, 2012 08:39 ET

Forum National Investments Ltd. Announces They Have Signed a Comprehensive Letter of Intent With Aliya LifeSpan LLC

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 19, 2012) - Forum National Investments Ltd. (OTCBB:FMNL) ("FORUM") announced today that FORUM and Aliya LifeSpan LLC ("ALIYA") have executed a Letter of Intent for the purpose of a merger.

After several months of discussion and negotiations, FORUM and ALIYA have a signed Letter of Intent that embodies the spirit and framework of a merger structure that is acceptable to both companies. It is expected that the final agreement will be forthcoming in the next few weeks and it will be subject to the approval of FORUM shareholders at the company's Annual General Meeting which will occur in early August 2012.

"We have taken another exciting step forward towards a final agreement that is expected to be presented to our shareholders for their approval," said Dan Clozza, CEO of FORUM.

ALIYA COO Robert Benson stated, "It has become clear to us that these enterprises, as a combined entity, will greatly enhance our ability to raise substantial on-going equity capital and/or to make desired acquisitions, and that the combined entity would have a value considerably higher, in both the short and the long term, than a collective of the entities would have on an individual basis."

About FORUM:

Forum National Investments Ltd. ( is a publicly held company currently trading on the OTCBB since 1998 under the symbol FMNL. The company's Life Settlement operations in the United States are conducted through its wholly owned subsidiary, The American Life Settlements (ALSS),

About ALIYA:

Aliya LifeSpan™, LLC is a broad based financial asset management firm who specializes in Life Settlements and Life Settlement structured financial products. Aliya LifesSpan™ specializes in utilizing senior life insurance settlement policies, or more commonly known as "Life Settlements", as the asset basis for a variety of investment strategies, which we believe avoids many of the pitfalls of traditional investment classes. Life Settlements are an anomaly in today's investment environment. Life Settlements are not tied to any traded market such as stocks, bonds, foreign currency, or any political, economic or real estate calamity. We have created products for both individuals and institutions by leveraging the unique elements found in Life Settlements which ultimately eliminates many of the potential shortcomings of many other investment classes. Aliya LifeSpan™, LLC.


Except for the historical information contained herein, the matters discussed in this release include certain forward-looking statements, which are intended to be covered by safe harbors. Those statements include, but may not be limited to, all statements regarding our and management's intent, belief and expectations, such as statements concerning our future and our operating and growth strategy. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, the factors detailed from time to time in our filings with the Securities and Exchange Commission. One or more of these factors have affected, and in the future could affect our businesses and financial results and could cause actual results to differ materially from plans and projections. We believe that the assumptions underlying the forward-looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that our objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available to our management. We assume no obligation to update any forward-looking statements, except as required by law.

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