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 Cobalt Production Facility in Shoshone County, near Kellogg, Idaho, U.S.A
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 'Bonds') (see news release dated December 31, 2010). The US$77.7 million
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 (see news release dated December 30, 2010). Proceeds raised from the issue
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/14/11 -- Formation Metals Inc. (TSX: FCO) (the 'Company') announced today that its 100% owned subsidiary, Formation Capital Corporation, U.S., has been informed by the United States Department of Agriculture Forest Service (the 'Forest Service'), that effective 10 P.M., September 13, 2011, the Forest Service has authorized access to the Idaho Cobalt Project (ICP) mine
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/08/11 -- Formation Metals Inc. (TSX: FCO) ('Formation') announced today that its 100% owned subsidiary, Formation Capital Corporation, U.S., (the 'Company') has been provided an update on the progress of construction being managed by JDS Energy & Mining (JDS) on its 100% owned Idaho Cobalt Project ('ICP').
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/29/11 -- Formation Metals Inc. (TSX: FCO) ('Formation') announced today that its 100% owned subsidiary, Formation Capital Corporation, U.S., (the 'Company') has now signed an agreement for underground mining operations at its 100% owned Idaho Cobalt Project ('ICP') with Small Mine Development, L.L.C. (SMD) and has also been provided an update on the construction progress
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/29/11 -- Formation Metals Inc. (TSX: FCO) ('Formation') is pleased to announce that it has received and accepted a commitment (the 'Commitment') from BNP Paribas for the financing of its 100% owned Idaho Cobalt Project ('ICP').
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/26/11 -- Formation Metals Inc. (TSX: FCO) ('Formation') announced today that its 100% owned subsidiary, Formation Capital Corporation, U.S. (the 'Company'), has been informed that mine site earthworks construction has commenced on its 100% owned Idaho Cobalt Project ('ICP').
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/16/11 -- Formation Metals Inc. (TSX: FCO) ('Formation') announced today that its 100% owned subsidiary, Formation Capital Corporation, U.S., (the 'Company') has provided Formation with an update on its 100% owned Idaho Cobalt Project ('ICP'). Pursuant to Formation's news release dated May 12, 2011, in a bid process, Dahle Construction LLC (Dahle') of Salmon, ID has been
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/30/11 -- Formation Metals Inc. (the 'Company') (TSX: FCO) is pleased to provide its shareholders with final results from the Virgin River Uranium Project 2010 drill program, as provided to the Company by project operator, Cameco Corporation (see Company News Release dated July 8, 2010). Located within the south-central portion of the Athabasca Basin in northern