Formation Minerals, Inc. Announces Corporate Update

Mr. Cox stated: "With just over 30 days post-closing of the Verde acquisition, we wanted to take this opportunity to update shareholders on what we are doing and where we are heading. As previously announced, following the closing, the Company has continued with Verde's business plan of acquiring and managing cash flowing, oil and gas minerals and royalties. We believe this business model to be extremely lucrative and viable given the sector now has over $30 billion in value and continues to grow." Mr. Cox ...