Highlights: Base metal assays: the N2 Project drill core reanalysis indicates elevated copper and zinc grades, suggesting base metal potential at the project. Results highlight polymetallic potential: N2's volcanic-sedimentary rocks and deformation structures formed in regional anticlinal and synclinal flexures align with a conceptual VMS geologic model. Further work. Focus on exploration at the northern portion of the [...]
Formation Metals Inc. , a North American mineral acquisition and exploration company, is pleased to announce that the appointment of Mr. Adrian Smith to the Company's Advisory Committee. Mr. Smith brings a wealth of experience from his two-decade career in the mining industry, where he has served in a number of roles focused on exploration, underground and open pit mine planning, scoping and feasibility studies in Canada [...]
Formation Metals Inc. , a North American mineral acquisition and exploration company, is pleased to announce that it has commenced permitting for a fully funded 5,000 metre diamond drill program at its N2 Gold Property , located 25 km south of Matagami, Quebec within the Casa Berardi mine trend which hosts numerous multiple million-ounce gold deposits1. Comprising 87 claims totaling ~4,400 ha within the Abitibi sub [...]
Formation Metals is pleased to announce to announce that CEO Deepak Varshney will be featured on an upcoming Radius Research "Pitch, Deep Dive, and Q&A" webinar hosted by respected analyst Martin Gagel. The live, interactive webinar will provide insight into Formation's ongoing exploration initiatives, including the Company's current work plan to develop the N2 Gold Project, an advanced gold deposit with a global historic [...]
Formation Metals is pleased to announce that, subject to the approval of the CSE, the Company has entered into following advertising and investor awareness campaigns with RMK Marketing, 1502656 B.C., and GoldInvest Consulting GmbH. The engagement of these service providers is key piece of Formation's strategy to bring global visibility to the Company as it strives to establish itself as a leader in the precious metals [...]
Formation Metals is pleased to announce that the CSE has approved the Company’s application to list its common shares. The Form 2A Listing Statement is available on SEDAR+ and on the CSE website under the Company’s profile. All other listing forms are posted on the CSE website under the Company’s profile. The common shares of the Company will commence trading on the CSE under the stock symbol, FOMO, effective 9:30 a.m [...]
Usha Resources would like to remind shareholders of the upcoming ex-distribution date of April 21, 2023, with respect to the plan of arrangement among the Company, Formation Metals and the shareholders of the Company. As per its news release dated April 5, 2023, the common shares of USHA are now trading with "due bills" attached during the "Due Bill Period". The "Due Bill Period" is from April 11, 2023 to April 20, 2023 [...]
Usha Resources would like to remind shareholders of the upcoming share distribution record date of April 12, 2023, with respect to the plan of arrangement among the Company, Formation Metals and the shareholders of the Company. Under the terms of the Arrangement and upon completion of the share exchange prescribed by Article 3 of the Arrangement, the USHA Shareholders of record at the close of business on the Record Date [...]
Usha Resources announces that, further to its news release dated March 2, 2023, the Company has changed its share distribution record date from March 24, 2023 to April 12, 2023, with respect to the plan of arrangement among the Company, Formation Metals and the shareholders of the Company. Under the terms of the Arrangement and upon completion of the share exchange prescribed by Article 3 of the Arrangement, the USHA [...]
Usha Resources is pleased to announce that it has determined March 24, 2023 to be the share distribution record date, with respect to the plan of arrangement among the Company, Formation Metals Inc. and the shareholders of the Company. Under the terms of the Arrangement and upon completion of the share exchange prescribed by Article 3 of the Arrangement, the USHA Shareholders of record at the close of business on the [...]
Usha Resources is pleased to announce that it has obtained the final order from the Supreme Court of BC approving the previously announced proposed spin-out of the Company's wholly owned-subsidiary, Formation Metals, through a plan of arrangement between USHA and FMI. The Company will proceed with completing closing conditions of the Arrangement, including seeking final approval of the Arrangement by the TSX-V. The [...]
Usha Resources is pleased to announce that its shareholders have approved the previously announced proposed spin-out of the Company's wholly owned-subsidiary, Formation Metals, through a plan of arrangement between USHA and FMI. The special resolution was approved at the Company's annual general and special meeting of its shareholders which was held on December 16, 2022 by 99.76% of the votes cast. Upon completion of the [...]
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