Divestiture includes five non-core or under-performing properties JACKSBORO, TEXAS, May 22, 2024 – 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. “This is a great example of responsible portfolio management and the solid execution of our...
Formation Minerals, Inc. Announces Opportunistic Divestiture of Assets
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