Forsys Announces Annual Meeting Voting Results

Forsys Metals Corp

TORONTO, June 30, 2022 (GLOBE NEWSWIRE) -- Forsys Metals Corp. (TSX: FSY) (FSE: F2T) (NSX: FSY) (“Forsys” or the “Company”) is pleased to announce that in connection with the annual meeting of the Company`s shareholders (the “Meeting”), that was held virtually on June 30, 2022, and in accordance with TSX reporting requirements, the following voting results were obtained.

A total of 106,514,321 common shares representing 54.575% of the Company`s issued and outstanding common shares were voted in connection with the Meeting. Shareholders voted in favour of the election of the six director nominees as follows:

NOMINEE	VOTES FOR	% FOR	VOTES WITHHELD	% WITHHELD
Martin Rowley	98,083,270	94.623	5,573,317	5.377
Mark Frewin	103,387,851	99.741	268,737	0.259
Paul Matysek	98,083,270	94.623	5,573,318	5.377
Jorge Estepa	103,387,851	99.741	268,737	0.259
Richard Parkhouse	103,527,754	99.876	128,834	0.124
Jeremy Hangula	103,387,851	99.741	268,737	0.259

Shareholders also voted in favour of the other items of business considered at the Meeting, being the re-appointment of BDO Audit (WA) Pty Ltd. as the Company’s auditors, and the approval of the Company’s Omnibus Incentive Plan. Pursuant to Section 11.3 of National Instrument 51-102, the Company filed a “Report of Voting Results” on June 30, 2022, under the Company’s filings on SEDAR (www.sedar.com).

About Forsys Metals Corp.
Forsys Metals Corp. is an emerging uranium development company with 100% ownership of the Norasa project that comprises the fully permitted Valencia uranium project and the Namibplaas uranium project in Namibia, Africa a politically stable and mining friendly jurisdiction. Information regarding current National Instrument 43-101 compliant Resource and Reserves at Valencia and Namibplaas are available on the Company website.

For additional information please contact:

Jorge Estepa, Corporate Secretary                        
Telephone: (416) 818-4035 or Email: je@forsysmetals.com