11:44 AM EST - Forsys Metals Corp. : Reports that it intends to raise up to $2.35 million in gross proceeds by way of a non-brokered private placement. As a result of market conditions, the Company has revised the terms of the financing so that up to 19.6m units in the Company at a subscription price of $0.12 per Unit are being offered. Forsys Metals Corp.
shares T.FSY are trading unchanged at $0.15.