VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/06/11 -- Formation Metals Inc. (TSX: FCO) (the 'Company') is providing an update on the progress of construction on its 100% owned Idaho Cobalt Project ('ICP'), managed by JDS Energy & Mining. The ICP is comprised of a primary cobalt deposit in Lemhi County near the town of Salmon, Idaho, and the
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/22/11 -- Formation Metals Inc. (TSX: FCO) ('Formation' or 'the Company') announced today that it has secured a Letter of Credit in support of US$43.6 million of the US$77.7 million in proceeds the Company previously raised from the sale of Federal Stimulus Program Recovery Zone Facility Bonds (the
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/03/11 -- Formation Metals Inc. (TSX: FCO) (the 'Company') announced today that the commitment (the 'Commitment') received by the Company from BNP Paribas ('BNP') (see news release dated July 29, 2011) has terminated without the closing of the subject financing.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/20/11 -- Formation Metals Inc. (TSX: FCO) ('Formation') announced today that it has appointed Mr. Michael G. Lee as General Manager of its 100% owned Idaho Cobalt Project ('ICP'). Mr. Lee will oversee all operations for the ICP.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/06/11 -- Formation Metals Inc. (TSX: FCO) ('Formation') announced today that the date to provide letters of credit (the 'Facility') to back the US$77.7 million raised in Federal Stimulus Program Recovery Zone Facility Bonds (the 'Bonds') has been extended from October 6, 2011 to November 21, 2011
