Formation Metals Appoints Red Cloud as Capital Markets Advisor

Formation Metals Inc. (TSX:FCO,OTCQX:FMETF) announced it has entered into an agreement with Red Cloud Klondike Strike Inc. to provide capital markets advisory services.
Formation Metals President and CEO, Paul Farquharson, stated:

The experienced team at Red Cloud offers great exposure to a comprehensive technical and retail database with a proven track record of success. The timing of this agreement bodes well as we move into an advanced engineering phase of development of the Idaho Cobalt Project and position the Company for project financing. This is an exciting time for all our stakeholders as the cobalt project advances through feasibility to produce ethically sourced cobalt salts – a critical raw component for the rechargeable battery sector.

Connect with Formation Metals Inc. (TSX:FCO,OTCQX:FMETF) to receive an Investor Presentation.