Formation Metals Inc. is a Canada-based company. The Company’s principal business activities include the acquisition and exploration of mineral property assets. The Company owns the Nicobat Property, a nickel-copper-cobalt project in Ontario, Canada. The Company also has executed an option agreement to acquire approximately 100% interest in the N2 property. The N2 property comprises 87 claims that covers approximately 4,400 ha of land within the Abitibi sub province of Northwestern Quebec. The Property is just 25 km south of Matagami, Quebec.