Formation Metals Inc. (TSE:FCO) reports an equity offering of up to $80 million.
The press release is quoted as saying:
The Agents have been granted an option, exercisable at any time until 30 days following the closing of the Offering, to purchase additional Units equal to 15% of the number of Units sold pursuant to the Offering at the issue price of the Units, to cover over-allotments, if any and for market stabilization purposes.
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1782.46 | +18.84 | |
| Silver | 20.28 | +0.29 | |
| Copper | 3.46 | -0.01 | |
| Palladium | 2066.50 | +71.50 | |
| Platinum | 914.00 | +17.00 | |
| Oil | 91.38 | +0.72 | |
| Heating Oil | 3.43 | +0.01 | |
| Natural Gas | 8.37 | +0.10 | |
