Formation Metals Inc (FOMTF) Financial

Formation Metals, Inc. engaged in the business of acquisition and exploration of mineral property. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2024-10-18. The Company’s principal business activities include the acquisition and exploration of mineral property assets. The firm owns the Nicobat Property, a nickel-copper-cobalt project in Ontario, Canada. The firm also has executed an option agreement to acquire approximately 100% interest in the N2 property. The N2 property comprises 87 claims that covers approximately 4,400 ha of land within the Abitibi sub province of Northwestern Quebec. The Property is just 25 km south of Matagami, Quebec.