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Cover for Baselode Energy – Merger With Forum Energy Metals Completed – Big Picture Exploration Strategy For The New Pro-Forma Company

Baselode Energy – Merger With Forum Energy Metals Completed – Big Picture Exploration Strategy For The New Pro-Forma Company

August 28, 2025
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KEReport
By KEReport
KEReport

Dr. Rebecca Hunter, CEO of Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF), joins me to discuss the news released today that the merger with Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) is official, after the completion of the plan of arrangement under the Business Corporations Act, as previously disclosed on June 24, 2025. The pro-forma Company is well capitalized with over $12 million in cash and having multiple high-potential projects within its asset base, including the flagship Aberdeen Project in Nunavut and the Hook-ACKIO Project in Saskatchewan, in addition to another dozen secondary exploration projects. 

During Baselode's Annual General and Special Meeting to be held on September 16, 2025 Baselode will seek shareholder approval to change its name to Geiger Energy Corporation and is to be traded under the ticker (TSX.V:  BEEP). Geiger Energy will be led by Rebecca Hunter, PhD as CEO, Stephen Stewart as Chairman, and will be backed by the Ore Group team. James Sykes, prior CEO of Baselode Energy, will remain on as Director and Special Advisor given his experience and track record of discoveries in the Uranium space.

Rebecca outlines the big picture vision of the new combined company, and the synergies between the geological and exploration approaches between both teams and portfolios of projects.  She points to the ongoing 2025 exploration program their 100% owned Aberdeen Project in the Thelon Basin of Nunavut, Canada; where drills are currently turning at multiple unconformity-style and basement-hosted uranium targets across Aberdeen for a roughly 4,000 meter 15-20 exploration program. The key four targets for this year’s program are Loki, Bjorn, Tarzan, and Lobster; but we remind listeners of the many other targets across the project like Thor, Lightning, Squiggly River, Ned, Ayra, Nymeria, Willow, Apollo, and Starbuck.  Additionally there are 2 known basement-hosted uranium deposits that have received expansionary exploration work the last 2 seasons at both Tatiggaq and Qavvik, which will be the focus of future drill campaigns.

In additions to the Aberdeen Project, Forum brings into Baselode Energy 9 other projects in the Athabasca Basin, of Saskatchewan; with some projects having existing joint venture (JV) agreements in place, and some projects that are available to option out to other partners.  Most notably, the Northwest Athabasca JV Project with Global Uranium, will have upcoming winter exploration work.

Then shifting over the Baselode portfolio folio of projects, there will be a winter drill program slated for  the Hook – ACKIO Project that will be following up on exploration work the past couple of seasons at the various pods and clay alteration zones.  Other projects of note are the Catharsis and Bear projects along the Key Lake Trend, as well as Shadow in  Northern Saskatchewan along the Virgin River Shear Zone.

 

If you have any follow up questions for Rebecca or the team at Baselode Energy, then please email them into me at Shad@kereport.com.

 

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KEReport
KEReport
The KE Report provides exclusive interviews with private money managers and sub $10 billion market cap companies. Interviews are published daily to help investors navigate the markets.
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