Formation Metals Appoints Scott Hean to its Board of Directors

Formation Metals Inc. (TSX:FCO) appointed Mr. Scott Hean to the Company’s Board of Directors. Mr. Hean is the current Chief Financial Officer of Quaterra Resources Inc., and is a member of the Audit and Chair of the Compensation Committee of Sabina Gold & Silver Corp.

As quoted in the press release:

Mr. Hean is currently the Chief Financial Officer of Quaterra Resources Inc., a TSX-V and OTCQX listed junior mining exploration company, and is a member of the Audit and Chair of the Compensation Committee of Sabina Gold & Silver Corp, a TSX-V listed company. Mr. Hean has held senior management and executive positions with J.P. Morgan of New York, primarily financing junior oil and gas companies. He also served as Senior Vice President and Managing Director with the Bank of Montreal, responsible for natural resources sector financing in North America. He has served on numerous not-for-profit Boards including Outward Bound Canada, BC Children’s Hospital, and is currently Chair of the Bill Reid Trust. Mr. Hean graduated from Simon Fraser University in 1973 and from the Ivey School of Business in London, Ontario in 1975. He also graduated in 2006 from the Institute of Corporate Directors, Directors Education Program.

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