Forsys Metals Corp’s principal wholly-owned subsidiary is as follows:
- Namibian Metals Ltd., a British Virgin Islands based holding company which owns 100% of the ordinary shares of Valencia Uranium (Proprietary) Limited, a Namibia based exploration company, which holds a 100% interest in the Valencia Uranium Project;
The Company is incorporated under the Business Corporations Act (Ontario) and the primary listing of its common shares is on the Toronto Stock Exchange, with secondary listings on the Namibian Stock Exchange and Frankfurt Stock Exchange. The Company’s registered office is at 20 Adelaide Street East, Suite 200, Toronto, Ontario, Canada, M5C 2T6.
The following diagram sets out all of the Company’s material subsidiaries as at 17th March 2025, their respective jurisdictions of incorporation, the Company’s direct and indirect voting interest in each and the respective licenses held by each subsidiary