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Mineweb reported that Formation Metals’ (TSE:FCO) recent announcement of financing has had a positive impact on share price.
Mineweb reported that Formation Metals’ (TSX:FCO) recent announcement of financing has had a positive impact on share price.
The market news is quoted as saying:
The loans, coupled with C$67 million in cash left over from a C$80 million financing, would fully fund the projected $142 million capital costs of Formation’s Idaho cobalt project (ICP).
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