Formation Metals Announces Marketing Agreements Following Acquisition of the N2 Property in Quebec with a Historical 810,000 oz Gold Resource
Suite #400 – 1681 Chestnut Street, Vancouver, BC V6J 4M6
1397-5334-4017, v. 2
Formation Metals Announces Marketing Agreements Following Acquisition of the N2 Property in
Quebec with a Historical 810,000 oz Gold Resource
Vancouver, British Columbia / March 6, 2025 – Formation Metals (“Formation” or the “Company”)
(CSE:FOMO), a North American mineral acquisition and exploration company, is pleased to announce
that, subject to the approval of the Canadian Securities Exchange ( the “Exchange”), the Company has
entered into following advertising and investor awareness campaigns with RMK Marketing Inc., 1502656
B.C. Ltd., and GoldInvest Consulting GmbH.
The engagement of these service providers is key piece of Formation’s strategy to bring global visibility to
the Company as it strives to establish itself as a leader in the precious metals industry.
Formation’s CEO, Deepak Varshney, commented: “2025 has had an exceptional start for Formation Metals
following the transformational option agreement to acquire the N2 Gold Property from Wallbridge Mining.
With a proven gold system containing almost 900,000 ounces of gold historically, and numerous areas with
a high exploration upside, N2 is in the perfect position to support immediate and sustained increases in
value.”
Mr. Varshney continued: “Establishing a strong market presence is a key part of any Company’s success
and so we intend to complement our exploration programs with comprehensive marketing campaigns. Each
of the service providers, bringing their different skills, will help heighten market and brand awareness. The
implementation of our comprehensive strategy is to create effective capital market awareness, increase
investor engagement, and allow us to connect with existing and new shareholders during what we anticipate
will be a very active time for Formation.”
The Company also anticipates unveiling its redesigned corporate website and presentation and other
marketing initiatives in the coming weeks as it prepares to launch its 2025 field programs at the N2 Gold
Project (“N2”).
N2 hosts six known zones of gold mineralization (Fig. 2), four of which yielded a historical resource of
18.2 Mt grading 1.48 g/t Au at a cut-off of 0.5 g/t Au (~810,000 oz Au; Cyprus, 1994, non-compliant with
NI-43-101 standards)1. A separate historical geological resource estimate (non-compliant with NI 43-101)
of 243,000 t grading 7.82 g/t Au (in-situ contained resource of ~67,000 ounces of gold)1 was reported for a
fifth zone, the RJ zone, located in the western part of the Property along strike to the Vezza deposit. In
addition to the known zones, compilation and geophysical work by Balmoral Resources from 2010 to 2018
(Mag, EM, HEM, VTEM, and IP) generated numerous targets that have not yet been investigated with
diamond drilling. The Property has not been drilled since 2008, and all known zones of gold mineralization
remain open for expansion at depth and along strike.
Marketing Agreements
RMK Marketing Inc. (“RMK”) (address: 41 Lana Terrace, Mississauga, O N, Canada L5A 3B2; e-mail:
[email protected]) will provide marketing services for a term of four months commencing March
7, 2025 for a total budget of $250,000 with the option to extend to $500,000.
Suite #400 – 1681 Chestnut Street, Vancouver, BC V6J 4M6
1397-5334-4017, v. 2
RMK is an independent company that will, as appropriate, co -ordinate marketing actions, maintain and
optimize AdWords campaigns, adapt AdWords bidding strategies, optimize AdWords ads, provide project
management and consulting for an on -line marketing campaign, and create and optimize landing pages.
The promotional activity will occur by Google. The Company will not issue any securities to RMK as
compensation for the services. As of the date hereof, to the Company’s knowledge, RMK does not own
any securities of the Company and has an arm’s-length relationship with the Company.
1502656 B.C. Ltd. (“1502656”) (address: 3849 154th St., Surrey, BC, Canada V3Z 0V3 ; e -mail:
[email protected].) will provide marketing services for a term of six months commencing March
7, 2025 for a total budget of $150,000.
1502656 is an independent company that will provide strategic digital media services, marketing (including
awareness campaigns) and data analytical services to the company. The Company will not issue any
securities to 1502656 as compensation for the services. As of the date hereof, to the Company’s knowledge,
1502656 does not own any securities of the Company and has an arm ’s-length relationship with the
Company.
GoldInvest Consulting GmbH (“Goldinvest”) (address: Kellinghusenstr. 15, 20249, Hamburg, Germany;
e-mail: [email protected]) will provide marketing services for a term of 12 months commencing
March 7, 2025 for a total budget of $60,000.
GoldInvest and the Company are unrelated and unaffiliated entities. GoldInvest will provide services to the
Company that include the production of editorials relating the Company’s noteworthy news updates,
aggregation of in -house and external comments, articles, interviews, research, and papers relating to the
Company on GoldInvest’s website, and the publication of interviews and other videos about the Company
on GoldInvest’s website and YouTube channel. The Company will not issue any securities to GoldInvest as
compensation for the services. As of the date hereof, to the Company’s knowledge, GoldInvest holds
250,000 incentive stock options and no common shares of the Company.
Qualified person
The technical content of this news release has been reviewed and approved by Mr. Deepak Varshney, P.Geo.,
a qualified person as defined by National Instrument 43-101. Historical reports provided by the optionor of
N2 were reviewed by the qualified person. The information provided has not been verified and is being
treated as historic non-compliant intercepts and resource.
About Formation Metals Inc.
Formation Metals Inc. is a North American mineral acquisition and exploration company focused on the
development of quality critical metal properties that are drill -ready with high -upside and expansion
potential.
Suite #400 – 1681 Chestnut Street, Vancouver, BC V6J 4M6
1397-5334-4017, v. 2
FORMATION METALS INC.
Deepak Varshney, CEO and Director
For more information, please call 778 -899-1780, email [email protected] or visit
www.formationmetalsinc.com.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for
the adequacy or accuracy of this release.
Note 1: A qualified person has not done sufficient work to classify the historical estimate as current mineral resources
or mineral reserves. The Company is not treating the historical estimate as current mineral resources or mineral
reserves.
Note 2: Readers are cautioned that the geology of nearby properties is not necessarily indicative of the geology of the
Property.
Forward-looking statements:
This news release includes "forward-looking statements" under applicable Canadian securities legislation.
Such forward-looking information reflects management's current beliefs and is based on a number of
estimates and/or assumptions made by and information currently available to the Company that, while
considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may
cause the actual results and f uture events to differ materially from those expressed or implied by such
forward-looking statements. Readers are cautioned th at such forward -looking statements are neither
promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not
limited to, general business, economic, competitive, political and social uncertainties, uncertain and
volatile equity and capital markets, lack of available capital, actual results of exploration activities,
environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays
in obtaining governmental approvals and permits, and other risks in the mining industry.
The Company is presently an exploration stage company. Exploration is highly speculative in nature,
involves many risks, requires substantial expenditures, and may not result in the discovery of mineral
deposits that can be mined profitably. Furthermore, t he Company currently has no reserves on any of its
properties. As a result, there can be no assurance that such forward -looking statements will prove to be
accurate, and actual results and future events could differ materially from those anticipated in suc h
statements.