Formation Metals Announces $3 Million Private Placement NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES 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 ...
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