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Merriman Capital to Sponsor Formation Metals on OTCQX
Mar. 01, 2012 01:33PM PST
Battery Metals Investing
Merriman Capital Inc. (OTCQX:MERR) announced that it will sponsor Formation Metals Inc. as it begins trading on the OTCQX today. Formation Metals is currently developing its 100 percent owned Idaho Cobalt Project.
Merriman Capital Inc. (OTCQX:MERR) announced that it will sponsor Formation Metals Inc. (OTCQX:FMETF,TSX:FCO) as it begins trading on the OTCQX today. Formation Metals is currently developing its 100 percent owned Idaho Cobalt Project.
Spencer Grimes, Merriman’s Capital Markets Advisory Group head, said:
We are excited to sponsor Formation Metals as it joins OTCQX today. The Company’s Idaho Cobalt Project is a unique asset that could become an important source of high purity cobalt, and we look forward to helping them develop a greater following among U.S. investors.
Click here for the Merriman Capital Inc. (OTCQX:MERR) press release.
