Forum Uranium Corp. provided update shareholders with a review of the company's corporate activities and exploration plans for 2016. Forum holds an extensive portfolio of near surface uranium exploration projects in Canada's Athabasca Basin.

The Company is well positioned to benefit from improved uranium markets with seven drill-ready projects that are 100% owned or are partnered with major uranium companies. Exploration plans will focus primarily on the Henday Property with partner Rio Tinto Canada Uranium, where extensive drilling with two rigs will be underway shortly and drilling at the company's 100% owned Highrock and Highrock South properties. Henday Project (Rio Tinto Canada Uranium 60%/Forum 40%) Forum renegotiated its Option Agreement on the Henday project with partner Rio Tinto whereby Rio Tinto can earn an additional 10% interest in the joint venture byA spending $20 million in exploration of the property.

During the past year, Rio Tinto flew a Geotech VTEM magnetic and electromagnetic survey in two directions over the property and completed a compilation of all geological, geophysical, geochemical and drill data in the assessment files, including selective logging and sampling of available drill core. Two high priority areas have been identified for drilling. Rio Tinto is currently mobilizing two drill rigs to the Henday project and plans a major drill program.