Formation Metals Closes $77.7 Million Bond Issue for Idaho Cobalt Project
Formation Metals Inc. (TSE:FCO) reports that it has closed $77.7 million bond issue for the Idaho cobalt project.
The press release is quoted as saying:
Proceeds from the sale of the bonds are to be used exclusively for the development of its 100% owned Idaho Cobalt Project (“ICP”). Formation continues to work to secure credit approval for long term bank financing (see news release dated November 30, 2010) and raise the additional capital required to complete construction of the ICP. The capital costs of the project are estimated in the ICP feasibility study at $138.7 million.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1683.31 | -11.92 | |
Silver | 18.35 | -0.34 | |
Copper | 3.27 | -0.05 | |
Palladium | 1874.50 | +22.50 | |
Platinum | 856.50 | -1.50 | |
Oil | 95.24 | -4.64 | |
Heating Oil | 3.41 | -0.14 | |
Natural Gas | 7.63 | -0.37 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.