Form D · Other
Formation Metals, Inc.
Vancouver, A1 · CIK 0002002979
Offering snapshot reported Dec 1, 2023 · SEC filing
- Reported sold
- $11K Offering amount: $2.5M
- Investors reported
- 2 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Nov 3, 2023 As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Dec 1, 2023 | Initial | $10,962 | No comparison | 2 | SEC filing |
Offering details
- Securities
- Equity, Option to acquire, Security to be acquired, Other
- Exemptions
- 06b
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-498608
The additional US$2,484,835 may be received on the exercise of warrants sold inside or outside the US. The USD amounts are based on the Bank of Canada exchange reported on Nov. 3, 2023, which was CAD$1.3683=USD$1.00.
Each unit consists of one common share and one transferable warrant with each warrant exercisable into common shares at an exercise price of CAD$0.20 per common share until Nov. 3, 2025.
Source: Form D, filed Dec 1, 2023. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| David Ellett | Director |
| Khalid Naeem | Executive |
| Deepak Varshney | Director, Executive |
| Navin Varshney | Director |
Issuer details
Industry: Other (See others in industry)
Address:
1681 Chestnut Street Suite 400
Vancouver, A1, V6J 4M6
Vancouver, A1, V6J 4M6