Press Release, Forum Announces Incentive Stock Option Grant

Vancouver, British Columbia--(Newsfile Corp. - April 23, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) announces that, in accordance with the Company's stock option plan, it has granted to certain of its directors, officers, employees and consultants incentive stock options to purchase up to an aggregate of 1,800,000 common shares exercisable on or before April 23, 2026 at a price of $0.35 per share.

About Forum Energy Metals

Forum Energy Metals Corp. (TSXV: FMC) has three 100% owned energy metal projects being drilled in 2021 by the Company and its major mining company partners Rio Tinto and Orano for copper/silver, uranium and nickel/platinum/palladium in Saskatchewan, Canada's Number One Rated mining province for exploration and development. In addition, Forum has a portfolio of seven drill ready uranium projects and a strategic land position in the Idaho Cobalt Belt. For further information: www.forumenergymetals.com

ON BEHALF OF THE BOARD OF DIRECTORS

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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact:

NORTH AMERICA 

Rick Mazur, P.Geo., President & CEO Burns
mazur@forumenergymetals.com 
Tel: 778-772-3100

UNITED KINGDOM

Singh Tennent-Bhohi, Director
burnsstb@forumenergymetals.com
Tel: 074-0316-3185