Foerster is an 18-year-old right winger who was born in Alliston, Ontario.
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According to the Flyers, in 62 regular season games, Foerster led the Barrie Colts in every offense category: goals (36), assists (44) and points (80), including power-play goals (18) and power-play assists (16).
"We felt there'd be a group of about 4-5 players, with 1, 2 or 3 available for us. There weren't a lot of surprises today. Tyson is a player we thought might be there when we picked and he was," said Flyers General Manager Chuck Fletcher.
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The draft concludes Wednesday with rounds second through seven, before teams turn their attention to the NHL's free agency signing period, which opens Friday.
-- The Associated Press contributed to this report.