Formation Minerals, Inc. Announces Opportunistic Divestiture of Assets
JACKSBORO, Texas, May 22, 2024 (GLOBE NEWSWIRE) — Formation Minerals, Inc. (OTCQB: FOMI) (“Formation” or the “Company”), a growing oil and gas company with a focus on the acquisition and management of oil and gas minerals and royalties, today announced that, on May 21, 2024, it sold five non-core lower performing assets for $140,000 to a private buyer.
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