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Address: 1730 - 999 Hastings St
W Vancouver BC V6C 2W2
Phone: 604 682 6229
Fax: 604 682 6205
Website:
http://www.formationmetals.com
Warrant Symbol - FCO.WT
Number Trading - 26,666,667
Expiration Date - May 8, 2013
Cusip -
Exercise Price - $2.00
Warrants called to trade news:
Formation Metals to list 26.66
million warrants on TSX
2011-03-08 17:04 MT - Warrants
Called to Trade
Formation Metals Inc.'s
26,666,667 warrants will begin
trading on the Toronto Stock
Exchange at the open on
Thursday, March 10, 2011,
according to the TSX. As in a
March 2, 2011, short form
prospectus, Formation is issuing
the warrants pursuant to a
private placement of units. Each
unit consists of one common
share and one-half warrant. Each
warrant entitles the holder to
buy one common share of the
company at $2 for 36 months.
Formation Metals completes
$80-million financing
2011-03-10 07:09 MT - News
Release
Formation Metals Inc. has
completed the equity financing
reported in Stockwatch on Jan.
27, 2011, in the full amount for
gross proceeds of $80-million.
The financing was sold in all of
the provinces of Canada, except
Quebec, and certain offshore
jurisdictions and consists of
units priced at $1.50 per unit.
Each unit comprises one common
share in the capital of the
company and one-half of one
common share purchase warrant.
Each whole common share purchase
warrant will entitle the holder
to purchase one common share for
36 months at a price of $2. The
company's common shares
currently trade on the Toronto
Stock Exchange under the symbol
FCO and the warrants have been
approved for listing on the
Toronto Stock Exchange under the
symbol FCO.WT.
The company plans to use the
proceeds of the financing to
finance the continuation of
engineering, procurement and
construction at the Idaho cobalt
project, for reclamation bonding
requirements, and for general
corporate purposes. "We are