Formation Capital Corporation
News from Zibb.com
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Critical Path to Finalize Formation's Idaho Cobalt Project Mine Plan Established - Zibb.com
VANCOUVER, BRITISH COLUMBIA, Nov 06, 2009 (MARKETWIRE via COMTEX) --
Formation Capital Corporation (TSX: FCO) (the "Company") is pleased to announce that a very productive meeting was held in Ogden, Utah, on November 03, 2009, between representatives of the United States Department of Agriculture Forest Service (the "Forest Service") and Company representatives. All substantive issues surrounding the Company's Mine Plan of Operations (the "MPO") for its 100% owned Idaho Cobalt Project (the "ICP"), including reclamation bonding requirements, were addressed.
At the conclusion of the day-long meeting, key representatives from both the Company and the Forest Service had established the critical tasks required to finalize the ICP's MPO. The preparation of the paperwork to complete these tasks is in progress and the Company is optimistic that this can be completed by the end of November.
"We are very pleased with the outcome of the meeting and appreciate the Forest Service's willingness to meet and work with us on these last remaining issues," stated Mari-Ann Green, Chairman and CEO of Formation Capital Corporation, who was present at the meeting. "These developments will assist the Company's efforts to secure the necessary funding for project development."
Formation Capital Corporation is dedicated to the principles of environmentally sound mining and refining practices, and believes that environmental stewardship and mining can co-exist. The Company trades on the Toronto Stock Exchange under the symbol FCO.
Formation Capital Corporation
Mari-Ann Green, C.E.O.
The statements contained in this news release in regard to Formation Capital Corporation that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Formation Capital Corporation's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that actual outcome and the actual results could differ from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative, corporate, commodity price and marketplace changes.
Contacts: Formation Capital Corporation E.R. (Rick) Honsinger, P.Geo. V.P. Corporate Communications 604-682-6229 604-682-6205 (FAX) inform@formcap.com www.formcap.com
SOURCE: Formation Capital Corporation
mailto:inform@formcap.com http://www.formcap.com
Tags: ceo commodity communications corporate idaho mining note securities utah
Companies: Formation Capital Corporation (FCACF), Formation Capital Corporation (FCO)
Critical Path to Finalize Formation's Idaho Cobalt Project Mine Plan Established - Zibb.com
VANCOUVER, BRITISH COLUMBIA, Nov 6, 2009 (Marketwire via COMTEX) --
Formation Capital Corporation (TSX:FCO) (the "Company") is pleased to announce that a very productive meeting was held in Ogden, Utah, on November 03, 2009, between representatives of the United States Department of Agriculture Forest Service (the "Forest Service") and Company representatives. All substantive issues surrounding the Company's Mine Plan of Operations (the "MPO") for its 100% owned Idaho Cobalt Project (the "ICP"), including reclamation bonding requirements, were addressed.
At the conclusion of the day-long meeting, key representatives from both the Company and the Forest Service had established the critical tasks required to finalize the ICP's MPO. The preparation of the paperwork to complete these tasks is in progress and the Company is optimistic that this can be completed by the end of November.
"We are very pleased with the outcome of the meeting and appreciate the Forest Service's willingness to meet and work with us on these last remaining issues," stated Mari-Ann Green, Chairman and CEO of Formation Capital Corporation, who was present at the meeting. "These developments will assist the Company's efforts to secure the necessary funding for project development."
Formation Capital Corporation is dedicated to the principles of environmentally sound mining and refining practices, and believes that environmental stewardship and mining can co-exist. The Company trades on the Toronto Stock Exchange under the symbol FCO.
Formation Capital Corporation
Mari-Ann Green, C.E.O.
The statements contained in this news release in regard to Formation Capital Corporation that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Formation Capital Corporation's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that actual outcome and the actual results could differ from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative, corporate, commodity price and marketplace changes.
SOURCE: Formation Capital Corporation
Formation Capital Corporation E.R. (Rick) Honsinger, P.Geo. V.P. Corporate Communications 604-682-6229 604-682-6205 (FAX) inform@formcap.com www.formcap.com
Tags: ceo commodity corporate idaho mining note securities utah
Companies: Formation Capital Corporation (FCACF), Formation Capital Corporation (FCO)
Formation Capital Corporation Announces Name Change and Share Consolidation - Zibb.com
VANCOUVER, BRITISH COLUMBIA, Nov 9, 2009 (Marketwire via COMTEX) --
Formation Metals Inc. (formerly "Formation Capital Corporation") (TSX:FCO) (the "Company") announced today that, in preparation for the finance phase of construction of the 100% owned Idaho Cobalt Project, the Company's name has been changed to "Formation Metals Inc." and all of its issued and fully paid common shares without par value have been consolidated on a 7 old for 1 new share basis. Upon the name change becoming effective for trading purposes on the TSX, the consolidated shares of the Company will continue to trade under the symbol "FCO".
"Formation Metals more accurately reflects the coming changes in the Company as we move the Idaho Cobalt Project to production. The share consolidation provides the Company more flexibility to finalize the best possible arrangements for financing the capital costs of the project," stated Mari-Ann Green, Chairman and CEO. "This is a new era for the Company and the new share structure will align the Company with a peer group of base metal producers."
Letters of Transmittal will be sent advising that one (1) common share of Formation Metals Inc. will be issued in exchange for every seven (7) common shares of Formation Capital Corporation outstanding. No fractional shares will be issued. The Toronto Stock Exchange has conditionally accepted notice of the name change and consolidation and it is anticipated that the Company's common shares will commence trading on the TSX on a consolidated basis under the name Formation Metals Inc., with the stock symbol "FCO", on or about November 13, 2009.
Formation Metals Inc. is dedicated to the principles of environmentally sound mining and refining practices, and believes that environmental stewardship and mining can co-exist. The Company trades on the Toronto Stock Exchange under the symbol FCO.
Formation Metals Inc.
Mari-Ann Green, C.E.O.
The statements contained in this news release in regard to Formation Metals Inc that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Formation Metals Inc.'s beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that actual outcome and the actual results could differ from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative, corporate, commodity price and marketplace changes.
SOURCE: Formation Metals Inc.
Formation Metals Inc. E.R. (Rick) Honsinger, P.Geo. V.P. Corporate Communications 604-682-6229 inform@formcap.com www.formcap.com
Tags: ceo commodity construction corporate idaho metals mining note securities trade
Companies: Formation Capital Corporation (FCACF), Formation Capital Corporation (FCO)
Formation Capital Corporation Announces Name Change and Share Consolidation - Zibb.com
VANCOUVER, BRITISH COLUMBIA, Nov 09, 2009 (MARKETWIRE via COMTEX) --
Formation Metals Inc. (formerly "Formation Capital Corporation") (TSX: FCO) (the "Company") announced today that, in preparation for the finance phase of construction of the 100% owned Idaho Cobalt Project, the Company's name has been changed to "Formation Metals Inc." and all of its issued and fully paid common shares without par value have been consolidated on a 7 old for 1 new share basis. Upon the name change becoming effective for trading purposes on the TSX, the consolidated shares of the Company will continue to trade under the symbol "FCO".
"Formation Metals more accurately reflects the coming changes in the Company as we move the Idaho Cobalt Project to production. The share consolidation provides the Company more flexibility to finalize the best possible arrangements for financing the capital costs of the project," stated Mari-Ann Green, Chairman and CEO. "This is a new era for the Company and the new share structure will align the Company with a peer group of base metal producers."
Letters of Transmittal will be sent advising that one (1) common share of Formation Metals Inc. will be issued in exchange for every seven (7) common shares of Formation Capital Corporation outstanding. No fractional shares will be issued. The Toronto Stock Exchange has conditionally accepted notice of the name change and consolidation and it is anticipated that the Company's common shares will commence trading on the TSX on a consolidated basis under the name Formation Metals Inc., with the stock symbol "FCO", on or about November 13, 2009.
Formation Metals Inc. is dedicated to the principles of environmentally sound mining and refining practices, and believes that environmental stewardship and mining can co-exist. The Company trades on the Toronto Stock Exchange under the symbol FCO.
Formation Metals Inc.
Mari-Ann Green, C.E.O.
The statements contained in this news release in regard to Formation Metals Inc that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Formation Metals Inc.'s beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that actual outcome and the actual results could differ from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative, corporate, commodity price and marketplace changes.
Contacts: Formation Metals Inc. E.R. (Rick) Honsinger, P.Geo. V.P. Corporate Communications 604-682-6229 inform@formcap.com www.formcap.com
SOURCE: Formation Metals Inc.
mailto:inform@formcap.com http://www.formcap.com
Tags: ceo commodity communications construction corporate idaho metals mining note securities trade
Companies: Formation Capital Corporation (FCACF), Formation Capital Corporation (FCO)
Web Sites
Total : 11 View more »
Cobalt Development Institute
Vancouver, B.C., December 21, 2006, Formation Capital Corporation, (Formation, FCO-TSX), is pleased to provide its shareholders and interested parties an update on the progress of its final feasibility study on its 100% owned Idaho Cobalt Project.
Formation Capital, LLC - Perfecting the balance between capital and operations -- Private Equity -
Formation Capital is an equity investment and asset management company in the senior housing and care industry. The unique integration of real estate and operating dynamics in this asset class makes it unlike any other real estate investment platform.
Pharmacy Choice - Pharmaceutical News - Behrman Capital Sells Tandem Health Care to JER Partners
NEW YORK--(BUSINESS WIRE)--July 12, 2006--Behrman Capital, a private equity investment firm based in New York and San Francisco, announced today that it has sold portfolio company Tandem Health Care, Inc.
http://www.pharmacychoice.com/News/article.cfm?Article_ID=31206
Formation Capital Corporation - FCO Vancouver BC CAN
Minerals explorer, focused on becoming a cobalt miner and chemical refiner. The company's wholly-owned subsidiary, Formation Chemicals Inc, completed the startup phase of the Sunshine Precious metals Refinery near Kellogg, Idaho in June 2004.
http://www.intierra.com/html/companies/Formation%20Capital%20Corporation.htm
Web Sites
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Formation Capital Corporation (FCO) Company Profile ...
www.corporateinformation.com
Formation Capital Corporation. The Group's principal activity is to acquire and explore mineral properties in Canada, United States and Mexico. The Group conducts its exploration ...
http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C124MA900
Formation Capital Corporation: Major Cobalt Producer, Xstrata plc ...
finance.yahoo.com
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Mar 17, 2009 -- Formation Capital Corporation (Formation) (Toronto:FCO.TO - News) announces that its wholly owned subsidiary, Formation ...
http://finance.yahoo.com/news/Formation-Capital-Corporation-iw-14660937.html
Formation Capital Corporation - T.FCO:TSX Overview by Stockhouse.com
www.stockhouse.com
Formation Capital Corporation - Acquisition and exploration of mineral resource properties. The Company's principal property is its Idaho Cobalt Project at the permitting stage in ...
Formation Capital Corporation - FCO
www.stockhouse.com
Great Panther Resources Limited TSX: GPR Great Panther's mission is to become a leading primary silver producer by acquiring, developing and profitably mining precious metals in ...
http://www.stockhouse.com/Bullboards/SymbolList.aspx?s=FCO&t=LIST
News from Zibb.com
- Critical Path to Finalize Formation's Idaho Cobalt Project Mine Plan Established - Zibb.com
- Critical Path to Finalize Formation's Idaho Cobalt Project Mine Plan Established - Zibb.com
- Formation Capital Corporation Announces Name Change and Share Consolidation - Zibb.com
- Formation Capital Corporation Announces Name Change and Share Consolidation - Zibb.com