CorporateCapital Allocation Event2026-05-22🇨🇦

Formation Metals closes upsized $22.4M non-brokered private placement

source: Formation Metals Inc.

On 2026-05-22, Formation Metals Inc. said it closed an upsized non-brokered private placement, raising about C$22.4 million through the issuance of 49,821,291 units. The company said the proceeds will support its drill program and exploration work at the N2 Gold Project in Quebec.

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Location
VancouverBritish ColumbiaNorth AmericaCanadaNorth America49.283, -123.121
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