VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/29/11 — Formation Metals Inc. (TSX: FCO) ("Formation") is pleased to announce that it has received and accepted a commitment (the "Commitment") from BNP Paribas for the financing of its 100% owned Idaho Cobalt Project ("ICP").The Commitment contemplates a US$79,500,000 Senior Secured Letter of Credit Facility (the "Facility") consisting of a US$58.5 million project financing letter of credit in support o
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/26/11 — Formation Metals Inc. (TSX: FCO) ("Formation") announced today that its 100% owned subsidiary, Formation Capital Corporation, U.S. (the "Company"), has been informed that mine site earthworks construction has commenced on its 100% owned Idaho Cobalt Project ("ICP").Portal bench mine site earthworks have commenced. The mine site access road upgrade segment of Stage II Construction is essentially complete wi
