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Formation Metals Inc. (FOMO)

Formation Metals Inc. is a gold issuer in Unknown, Unknown with a latest drill intercept of 0.67 g/t over 22.2 m, ~43.7% warrant dilution, and recent insider activity.

Price chart

FOMO
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Ticker
FOMO
Exchange
CSE
Primary commodity
gold
Sector
mining
Jurisdiction
Unknown, Unknown
Shares outstanding
94,002,458
As of 2026-07-13

Latest drill result

Au — N2-25-006 at N2: 0.67 g/t over 22.2 m · $87/t at live spot.

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Drill history by project

N2

12 approved intercepts · 2026-06-18

Best: Au — N2-25-008: 0.95 g/t over 61.1 m · 58 g·m · $233/t at live spot. View detail →

N2 Gold Project

4 approved intercepts · 2026-05-22

Best: Au — N2-25-008: 0.95 g/t over 61.1 m · 58 g·m · $233/t at live spot. View detail →

All drill results →

Warrant overhang

16 active warrant series covering 41,109,432 shares (~43.7% potential dilution); nearest expiry 2027-01-31.

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Dilution-true chart

Price history with the company's active warrant supply walls (amber) and free-trading unlock dates (violet) overlaid. Levels and dates are Pacific Time.

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Latest insider transaction

buyVarshney, Deepak (Director of Issuer)

100,000 shares ($40,000) on 2026-04-16.

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Recent news

Latest coverage: 25 days ago

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Profile assembled from Strikepoint News signal data — drill results, warrant filings, financings, insider transactions, and news. Drill rock value per tonne is the gross in-situ value at today's spot prices, recomputed live. This page is for informational purposes only and is not investment advice; verify against the original filings before drawing conclusions.

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