VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/20/13 — 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 County, Idaho, to certain entities that are as
ISS Reaffirms Recommendation to Re-Elect Incumbent Directors
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 realistic vision that we believe puts Formation in the best po
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 that are associated or affiliated with Waterton
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.ISS is the world-s leading provider of corporate governance solutions to the global financial commun
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 are associated or affiliated with Waterton Glo
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.Mr. Hahn brings a diversified set of geological and mining skills to th
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 redeemed using the Company-s cash wh
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 recovery, the weak prices seen over the last year, coupled w
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 retrofit and construction of an electrowinni
