VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/26/13 -- Formation Metals Inc. (TSX: FCO) ("Formation" or "the Company") ("Formation" or "the Company") announced today that it has advised certain entities that are associated or affiliated with Waterton Global Resource Management, Inc. ("Waterton") that the agreement (the "Letter Agreement") outlined in the Company's news release of June 6, 2013 regarding the [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/21/13 -- Formation Metals Inc. (TSX: FCO) today announced the re-election of Mari-Ann Green and Scott Bending after the results were revealed at today's annual general and special meeting of shareholders.
A total of 41,440,802 common shares of the 90,887,205 shares outstanding were voted for the election of the two Class III directors at the meeting, representing [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/21/13 -- Formation Metals Inc. (TSX: FCO) ("Formation" or the "Company") announces that the Supreme Court of British Columbia today dismissed Dundee Corporation's ("Dundee") application for an injunction to halt the potential sale of Formation's Sunshine Precious Metals refinery, copper refinery and certain lands at the Big Creek Hydrometallurgical Complex in Shoshone [...]
ISS Reaffirms Recommendation to Re-Elect Incumbent DirectorsVANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/18/13 -- Formation Metals Inc. (TSX: FCO) (Formation) announced today that it brings to shareholder's attention important details regarding the nominees proposed by dissident shareholder, Dundee Corporation, namely Messrs. Paul Carroll and David Christie, regarding Mr. Carroll's governance and compensation [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/17/13 -- Formation Metals Inc. (TSX: FCO)
Dear Fellow Shareholder:
As you know, Formation Metals Inc. ("Formation") is under attack by a dissident shareholder, Dundee Corporation ("Dundee"). At the upcoming meeting on Friday June 21, 2013 we ask for your support to re-elect the current directors for the ensuing year. Your board and management team have a clear and [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/14/13 -- Formation Metals Inc. (TSX: FCO) ("Formation" or the "Company") announced on June 6, 2013, that it had entered into a binding Letter Agreement to sell, for US$9.0 million in cash, its Sunshine Precious Metals refinery, copper refinery and certain lands at the Big Creek Hydrometallurgical Complex (the "Complex") in Shoshone County, Idaho, to certain entities [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/13/13 -- Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. (GL), two leading proxy advisory firms, have recommended that shareholders of Formation Metals Inc. (TSX: FCO) ("Formation" or "the Company) vote FOR the director nominees up for re-election at the upcoming annual and general meeting on June 21, 2013.
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/06/13 -- Formation Metals Inc. (TSX: FCO) ("Formation" or "the Company") announced today that it has entered into a binding Letter Agreement to sell, for US$9.0 million in cash, 100% of its Sunshine Precious Metals refinery, copper refinery and certain lands at the Big Creek Hydrometallurgical Complex (the "Complex") in Shoshone County, Idaho, to certain entities that [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/28/13 -- Formation Metals Inc. (TSX: FCO) ("Formation" or "the Company") announced today that it has added Mr. Gregory Hahn to its current Board of Directors. Mr. Hahn is the Principal of Greg Hahn Consulting LLC of Lakewood Colorado that provides technical and management advisory services to the mining industry and is a Certified Professional Geologist.
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/13/13 -- Formation Metals Inc. (TSX: FCO) ("Formation" or "the Company") announced today that on May 9, 2013 it redeemed bond debt of US$43.6 million. The debt was made available through the Federal Stimulus Package Recovery Zone Facility Bonds ("RZFB") to complete Phase I and Phase II construction of the Company's 100% owned Idaho Cobalt Project ("ICP"). The debt was [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/02/13 -- Formation Metals Inc. (TSX: FCO) (the "Company") announced today that it will not be proceeding, at this time, with the underground development on its 100% owned Idaho Cobalt Project (the "ICP") or any related construction as was anticipated in the Company's news release dated December 12, 2012.
"Although cobalt prices have recently exhibited signs of [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/12/12 -- 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 ("JDS"). The ICP is comprised of the development of a mine and construction of a concentrator at a primary cobalt deposit in Lemhi County near the town of Salmon, Idaho, and the [...]
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