03:34 PM EST - Formation Metals Inc. : announced today that its 100% owned subsidiary, Formation Capital Corporation, U.S., has now signed an agreement for underground mining operations at its 100% owned Idaho Cobalt Project with Small Mine Development, L.L.C. (SMD) and has also been provided an update on the construction progress by JDS Energy & Mining. Formation Metals Inc.
shares T.FCO are trading up $0.01 at $0.82.
