FORUM URANIUM COMMENCES DRILL PROGAM ON ITS 100% OWNED CLEARWATER PROJECT, PATTERSON LAKE SOUTH AREA

Vancouver, B.C., February 26, 2014 - Forum Uranium Corp. (FDC: TSX-V) has commenced drilling on its 100% owned Clearwater Property. Plans are to complete 3,000 metres of drilling to test approximately 11 targets that have been defined by a combination of ground gravity, airborne EM (graphitic conductors) and radon anomalies. A total of 12 to 15 holes are planned with a target depth of 100 to 200m. This project is located on trend and immediately adjacent to the southwest of Fission Uranium’s Patterson Lake South (PLS) discovery.

The gravity and radon surveys were completed on the northernmost claim in the fall of 2013 and ground EM is currently in progress. Drilling will concentrate on the northern claim in this initial phase of drilling. While targets from airborne geophysical and lake sediment surveys are present in the central and southern claims, further ground gravity, ground EM and radon surveys must be completed prior to drilling.

Ken Wheatley, P.Geo. (Saskatchewan/Nunavut), Forum’s Vice President, Exploration is the Qualified Person that has reviewed and approved the contents of this news release.