Forum Energy Metals Corp. Mails Special Meeting Materials to Approve Acquisition by Baselode Energy

Core Viewpoint - Forum Energy Metals Corp. is moving forward with a special meeting for shareholders to approve a plan of arrangement with Baselode Energy Corp., which involves the exchange of shares at a specified ratio [1][2][3]. Group 1: Arrangement Details - Baselode Energy Corp. will acquire all issued and outstanding shares of Forum at an exchange ratio of 0.3535 Baselode shares for each Forum share held [2]. - Outstanding stock options and warrants will also be adjusted according to the exchange ratio, allowing holders to receive Baselode shares [2]. - An interim order from the Supreme Court of British Columbia has been obtained to facilitate the meeting and related procedural matters [2]. Group 2: Meeting Information - The special meeting is scheduled for August 19, 2025, at 10:00 a.m. Vancouver time, where shareholders will vote on the arrangement [1]. - The management information circular contains essential details about the arrangement, voting procedures, and the implications for shareholders [3][4]. - Shareholders are encouraged to review the meeting materials thoroughly as they contain critical information regarding the arrangement [3]. Group 3: Voting Instructions - Shareholders can vote in person or through various methods, including online, telephone, facsimile, and mail [4][5][8]. - Beneficial shareholders must follow specific instructions provided in the voting materials to ensure their votes are counted [5]. Group 4: Company Overview - Forum Energy Metals focuses on discovering high-grade uranium deposits in Canada, particularly in the Athabasca Basin and Thelon Basin [9]. - The company holds significant land positions, with 153,838 hectares in Saskatchewan and 95,519 hectares in Nunavut [9]. - The flagship asset, the Aberdeen Project, features high-grade uranium discoveries and numerous exploration targets that require further drilling [10][11].