BRIEF-Formation Metals announces $3 mln private placement

Wed May 4, 2016 8:19am EDT
 
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May 4 (Reuters) -

* Formation metals announces $3 million private placement

* Formation metals says intends to use net proceeds of offering to fund bankable feasibility level technical studies of company's idaho cobalt project Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)