MEA Mena Resources

Forum Uranium Corp. ("Forum" or the "Company") (TSX VENTURE:FDC) is pleased to
announce that it has consolidated its North Thelon property interests by
entering into a Purchase and Sales Agreement ("the Agreement") with Agnico Eagle
Mines Ltd. ("Agnico Eagle") to acquire a 100% interest in Agnico Eagle's Judge
Sissons and Schultz Lake claims. Sufficient work has been done by Forum to keep
these claims in good standing with minimal expenditures for three years. 


Agnico Eagle's claims are strategically located immediately adjacent to AREVA
Resources Canada Inc.'s 133 million pound Kiggavik uranium deposit in Nunavut
(see Figure 1), which averages 0.54% U3O8 (Source: AREVA Resources Canada Inc.
Kiggavik Project EIS, Volume 1, Main Document, April 2012 submission to the
Nunavut Impact Review Board(ii)), and is being permitted for an open pit and
underground uranium mine that is projected to produce 8 million pounds per year
over a mine life of approximately 17 years.


Under the terms of the Agreement, which replaces the previous Option Agreement
completed with Agnico Eagle in 2008 (See press releases dated March 3, 2008 and
January 15, 2014), Forum will acquire a 100% interest in the Judge Sissons and
Schultz Lake claims for $250,000 cash, 675,000 common shares and a 2% Net
Smelter Royalty. On completion of the transaction, which is subject to approval
of the TSX Venture Exchange, Agnico Eagle will own 4% of Forum's outstanding
common shares. 


Richard Mazur, President and CEO stated, "This acquisition reinforces Forum's
strategy of maintaining a strong presence in both the Athabasca and Thelon
Basins. The Agnico Eagle purchase now gives Forum full control of a strategic
landholding in close proximity to AREVA's proposed Kiggavik uranium development.
Our 100% owned North Thelon project continues to be a long-term core asset that
the Company plans to revisit as uranium prices improve and as AREVA advances
Kiggavik towards production." 


To view Figure 1, "North Thelon Project Claim Map," please visit the following
link: http://media3.marketwire.com/docs/FDCfig1.pdf.


Forum's 100% owned properties are outlined in green and the Agnico Claim
Purchase is outlined in orange. Areva's Kiggavik project is outlined in blue and
Cameco holds the ground west of Areva's landholdings.


Judge Sissons and Schultz Lake Claims Background

In March, 2008 Forum entered into an option agreement with Agnico Eagle whereby
Forum would earn a 51% interest in 36 claims comprising 21,497 hectares within
300 metres of the proposed Kiggavik mill site for exploration expenditures of $3
million. In addition, Agnico Eagle completed a concurrent $3 million private
placement purchase of Forum common shares. Forum completed two drill campaigns
totaling $1.75 million in 2008 and 2011 resulting in the Judge and Ranger
discoveries on trend to the east of AREVA's proposed mine development of the End
and Andrew deposits. Cameco, the only other strategic landholder in the area
other than Forum, has made several important discoveries to the west of the End
and Andrew deposits at the Ayra, Qavvik and Tattigaq areas. 


Nunavut Tunngavik Mineral Exploration Agreement

As a further consolidation of its interests in the Kiggavik area, Forum and its
partner Nunavut Tunngavik Incorporated ("NTI") have agreed to amend the terms of
its mineral exploration agreement ("MEA") dated January 1, 2009 on Inuit-owned
land parcels BL-21 and BL-32 where Forum can earn a 100% interest, subject to
certain terms and conditions. One of Forum's best holes from drilling in 2011 on
BL-32 is within 2 kilometres of one of Cameco's discoveries, the Ayra showing.
NTI has given Forum relief from work expenditures for 2014 and 2015 after which
work must resume as scheduled under the terms of the MEA in 2016. Forum has the
option to accelerate its work commitments and will continue to make its annual
rental payments. 


Richard Mazur, P.Geo., Forum's President and CEO is the Qualified Person that
has reviewed and approved the contents of this news release.


About Forum Uranium

Forum Uranium Corp. is a Canadian-based energy company with a focus on the
acquisition, exploration and development of Canadian uranium projects. Forum has
assembled a highly experienced team of exploration professionals with a track
record of mine discoveries for unconformity-style uranium deposits in Canada.
The Company has a strategy to discover near surface uranium deposits in the
Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut by exploring on its
100% owned properties and through strategic partnerships and joint ventures. 


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 PLEASE CONTACT: 
Forum Uranium Corp.
Rick Mazur
President & CEO
604-630-1585


Forum Uranium Corp.
Matt Terriss
Director, Corporate Affairs
604-638-3947
info@forumuranium.com
www.forumuranium.com


CHF Investor Relations
Robin Cook
Senior Account Manager
416-868-1079 x 228
robin@chfir.com

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