10:57 AM EST - Forsys Metals Corp. : Intends to raise up to $550,000 in gross proceeds by way of a non-brokered private placement of up to 3,235,294 units at a subscription price of $0.17 per Unit. Each Unit will consist of one Class A Common Share and one half of one Common Share purchase warrant, whereby each full warrant entitles the holder to acquire a new Common Share in Forsys at a price of $0.23 for a period of two years from the date of issue. Forsys Metals Corp.
shares T.FSY are trading down $0.025 at $0.23.
