Articles related to Formation Metals
 
24hGold - Publicnow
Formation Appoints Red Cloud as Capital Markets Advisor
Vancouver, B.C., July 7, 2016, Formation Metals Inc. ('Formation' or the 'Company') (TSX:FCO) is pleased to announce it has entered into an agreement with Red Cloud Klondike Strike Inc. ('RedCloudKS') to provide capital markets advisory services. 'The experienced team at Red Cloud offers great exposure to a comprehensive technical and retail database with a proven track record of success. The timing of this agreement bodes well as we move into an advanced engineering phase of development of the
Thursday, July 7, 2016
24hGold - Publicnow
COBALT Feasibility Study on Formation's Idaho Cobalt Project Awarded to Micon International Limited SNC-Lavalin
Vancouver, B.C., June 21, 2016, Formation Metals Inc. ('Formation' or the 'Company') announces today that it has signed an agreement with Micon International Limited ('Micon') for technical services to conduct a Bankable Feasibility Study* on Formation's Idaho Cobalt Project (the 'ICP'). Micon will be subcontracting aspects of the study concerning the processing, infrastructural engineering, risk assessment, project scheduling, and cost estimating to SNC-Lavalin Inc. ('SNC-Lavalin'). This agreem
Tuesday, June 21, 2016
24hGold - Publicnow
Formation Metals Completes Oversubscribed $4.4M Private Placement
June 1, 2016 VANCOUVER, BRITISH COLUMBIA Formation Metals Inc. ('Formation' or the 'Company') (TSX:FCO) is pleased to announce that it has completed its previously announced offering with the majority of the over-allotment option exercised (the 'Offering') pursuant to which it has issued and sold 14,755,200 units of the Company (the 'Units') at a price of C$0.30 per Unit (the 'Issue Price') for total gross proceeds of C$4,426,560. On a fully diluted basis, the Units sold represents 24.99% of
Wednesday, June 1, 2016
24hGold - Publicnow
Private Placement Amendment: Granting Of Up-size Option To Agent
Vancouver, B.C., May 9, 2016, Formation Metals Inc. ('Formation' or the 'Company') announces that it has amended the terms of the private placement previously announced on May 4, 2016. The Company had entered into an agreement with Dundee Securities Ltd. (the 'Agent') under which the Agent has agreed to offer for sale, on a 'best efforts' private placement basis, units of the Company (the 'Units') at a price of C$0.30 per Unit (the 'Issue Price') for total gross proceeds of up to approximately C
Tuesday, May 10, 2016
24hGold - Publicnow
Formation Metals Announces $3 Million Private Placement
Vancouver, B.C., May 4, 2016, Formation Metals Inc. (FCO-TSX) (the 'Company' or 'Formation') announces today that it has entered into an agreement with Dundee Securities Ltd. (the 'Agent') under which the Agent has agreed to offer for sale, on a 'best efforts' private placement basis, units of the Company (the 'Units') at a price of C$0.30 per Unit for total gross proceeds of up to approximately C$3,000,000 (the 'Offering'). Each Unit shall consist of one common share of the Company (a 'Share')
Wednesday, May 4, 2016
24hGold - Noodls
Uravan Completes Stewardson Drill Program - Moving Closer to Potential Discovery
Wednesday, April 18, 2001 TSXV: UVN PRESS RELEASE - August 19, 2015 Uravan Completes Stewardson Drill Program - Moving Closer to Potential Discovery Uravan Minerals Inc. (Uravan) recently completed the second diamond drill-hole (SL15-004) of a two (2) drill- hole program on its Stewardson project. The first hole, SL15-003, intersected anomalous uranium mineralization grading 0.025% eU3O8 1 over 6.3 m, occurring at the basal unconformity2 of the Athabasca Group (MFa) sandstone, suggesting th
Thursday, August 20, 2015
The Gold Report
Thinking Outside the Commodity Box: Benchmark's Investment Primer for Lithium, Cobalt and Graphite
It's often difficult to understand the global markets for critical minerals so The Gold Report narrowed it to three—lithium, cobalt and graphite—and brought in Simon Moores, managing director of London-based Benchmark Mineral Intelligence, and the firm's analyst, Andrew Miller, to provide insight into minerals that they say need to shed their labels as traditional commodities and embrace their future as niche, raw-material solutions for a growing list of technology manufacturers. As Benchmark pr
Monday, August 10, 2015
24hGold - CNW Group
COBALT /R E P E A T -- Formation Metals Announces Positive Results ...
Pre-Tax NPV8.5%: $148M, IRR 27.7% Post-Tax NPV8.5%: $113M, IRR 24.07% Initial Capital Costs: $147M Life of Mine (LOM): 12.5 years post preproduction LOM Gross Revenue: $983M LOM Total Net After Tax Cash Flow $258M LOM Average Net Cash Cobalt Production Cost: $4.94 per pound (net of gold, copper and magnesium credits) Pre-Tax Initial Capital Payback: 3.7 years LOM Cobalt Production: 35,356,415 pounds LOM Copper Production: 57,384,700 pounds LOM Gold Produ
Thursday, April 23, 2015
24hGold - PR Newswire
COBALT Formation Metals Announces Positive Results from a Preliminary Economic Assessment for the Idaho Cobalt Project; Pre-Tax NPV8.5 $148M, IRR 27.7
Pre-Tax NPV8.5%: $148M, IRR 27.7% Post-Tax NPV8.5%: $113M, IRR 24.07% Initial Capital Costs: $147M Life of Mine (LOM): 12.5 years post preproduction LOM Gross Revenue: $983M LOM Total Net After Tax Cash Flow $258M LOM Average Net Cash Cobalt Production Cost: $4.94 per pound (net of gold, copper and magnesium credits) Pre-Tax Initial Capital Payback: 3.7 years LOM Cobalt Production: 35,356,415 pounds LOM Copper Production: 57,384,700 pounds LOM Gold Product
Wednesday, April 22, 2015
24hGold - Noodls
URANIUM Forum Discovers Potential New Uranium Trend on its 100 Owned Fir Island Project, Athabasca Basin, Saskatchewan
Mon Apr 20, 2015 Forum Discovers Potential New Uranium Trend on its 100% Owned Fir Island Project, Athabasca Basin, Saskatchewan Vancouver, B.C., April 20, 2015 - FDC: TSX-V - Forum Uranium Corp. ("Forum" or the "Company") is pleased to announce the results of a 10-hole 2,453 metre drill program on Forum's 100% owned Fir Island project located on the north rim of the Athabasca Basin. In total, five targets were tested with the last five holes (FI-6 to 10) focused on the East Channel Zone w
Monday, April 20, 2015
24hGold - Noodls
Eagle Hill Exploration Appoints David Christie as President and CEO, and John Proust as Executive Chairman
Eagle Hill Exploration Appoints David Christie as President and CEO, and John Proust as Executive Chairman April 14, 2015 - Vancouver, BC - Eagle Hill Exploration Corporation (TSX.V: EAG) ("Eagle Hill" or the "Company") is pleased to announce that David Christie has been appointed to the position of President and Chief Executive Officer, effective immediately. John Proust, currently Chairman and Interim CEO, will continue as Executive Chairman and a Director of the Company. Dr. Michael Andr
Tuesday, April 14, 2015
The Gold Report
Disruptive Stock Watcher Chris Berry Cautions Investors About the Real Potential of Deflation
Where can investors turn when global quantitative easing and the Energizer Bunny of dollars is crushing commodity prices to within an inch of the junior miners' lives? In this interview with The Mining Report, Disruptive Discoveries Journal writer Chris Berry suggests dedicating yourself to understanding the technologies and paradigm shifts that can lower costs, and participating in the growing electric car and energy storage battery markets. He names some of the innovative companies that are fi
Thursday, April 9, 2015
The Gold Report
Where Will the Graphite, Lithium and Cobalt for the Battery Revolution Come ...
Following the lead of Tesla Motors, LG Chem, Foxconn and others are racing to build megafactories to build batteries for electric cars. Yet even now the world supply of graphite, lithium and cobalt needed to supply these factories is insufficient. In this interview with The Mining Report, Simon Moores, managing director of Benchmark Mineral Intelligence, explains that we can soon expect healthy prices for all three metals, but the juniors that will succeed in the market must first and foremost l
Thursday, March 26, 2015
24hGold - Noodls
COBALT Agreement to Acquire High-Grade Historic Cobalt Project in Famed...
Agreement to Acquire High-Grade Historic Cobalt Project in Famed Idaho Cobalt Belt Approved by TSX Venture Exchange October 29, 2014 | Category: Press Releases is pleased to announce that the TSX Venture Exchange (the "Exchange") has accepted for filing a mining lease agreement with an option to acquire (the "Agreement") dated October 2nd, 2014 between Global Cobalt Corporation (the "Company") and Chester Mining Company (the "Lessor") pursuant to which, the Company has an initial 20 year lea
Wednesday, October 29, 2014
24hgold
DNI REPORTS POSITIVE PRELIMINARY ECONOMIC ASSESSMENT FOR ITS BUCKTON POLYMETALLIC Ni-Co-Zn-Cu-U-REE-

Thursday, December 5, 2013
24hgold - MarketWire
Secures Proceeds of US$12 Million From Sale of Refinery

Friday, October 11, 2013
24hgold - MarketWire
to Sell Refinery for US$12 Million

Monday, September 16, 2013
24hgold - MarketWire
Executes Mutual Release with Waterton

Friday, July 5, 2013
24hgold - MarketWire
Executes Mutual Release with Waterton

Friday, July 5, 2013
24hgold - MarketWire
Leading Independent Proxy Advisory Firms Recommend Formation Metals Shareholders Re-Elect Directors

Thursday, June 13, 2013
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