-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001176256-10-000469.txt : 20100527
<SEC-HEADER>0001176256-10-000469.hdr.sgml : 20100527
<ACCEPTANCE-DATETIME>20100527155646
ACCESSION NUMBER:		0001176256-10-000469
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100527
DATE AS OF CHANGE:		20100527
EFFECTIVENESS DATE:		20100527

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FORMATION METALS INC
		CENTRAL INDEX KEY:			0000911586
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			0228

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-142661
		FILM NUMBER:		10862600

	BUSINESS ADDRESS:	
		STREET 1:		1730-999 WEST HASTINGS STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2W2
		BUSINESS PHONE:		604-682-6229

	MAIL ADDRESS:	
		STREET 1:		1730-999 WEST HASTINGS STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2W2

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FORMATION CAPITAL CORP
		DATE OF NAME CHANGE:	19930903
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0704</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0000911586</cik>
        <entityName>FORMATION METALS INC</entityName>
        <issuerAddress>
            <street1>1730-999 WEST HASTINGS STREET</street1>
            <city>VANCOUVER</city>
            <stateOrCountry>A1</stateOrCountry>
            <stateOrCountryDescription>BRITISH COLUMBIA, CANADA</stateOrCountryDescription>
            <zipCode>V6C 2W2</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>604-682-6229</issuerPhoneNumber>
        <jurisdictionOfInc>BRITISH COLUMBIA, CANADA</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>FORMATION CAPITAL CORP</previousName>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Mari-Ann</firstName>
                <lastName>Green</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1730-999 West Hastings Street</street1>
                <city>Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <stateOrCountryDescription>BRITISH COLUMBIA, CANADA</stateOrCountryDescription>
                <zipCode>V6C 2W2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jeffrey</firstName>
                <middleName>Scott</middleName>
                <lastName>Bending</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1730-999 West Hastings Street</street1>
                <city>Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <stateOrCountryDescription>BRITISH COLUMBIA, CANADA</stateOrCountryDescription>
                <zipCode>V6C 2W2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>William</firstName>
                <middleName>G.</middleName>
                <lastName>Scales</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>102 Broadway Pl.</street1>
                <city>Salmon</city>
                <stateOrCountry>ID</stateOrCountry>
                <stateOrCountryDescription>IDAHO</stateOrCountryDescription>
                <zipCode>83647</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>James</firstName>
                <middleName>B.</middleName>
                <lastName>Engdahl</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>2409 Eastview</street1>
                <city>Saskatoon</city>
                <stateOrCountry>A9</stateOrCountry>
                <stateOrCountryDescription>SASKATCHEWAN, CANADA</stateOrCountryDescription>
                <zipCode>S7J 3E8</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName>G.</middleName>
                <lastName>Metka</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Suite 200, 5 Place Ville Marie</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2G2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName>J.</middleName>
                <lastName>Quinn</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>2803 Valley Way</street1>
                <city>Houston</city>
                <stateOrCountry>TX</stateOrCountry>
                <stateOrCountryDescription>TEXAS</stateOrCountryDescription>
                <zipCode>77339</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <lastName>Stone</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Suite 200, 595 Howe Street</street1>
                <city>Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <stateOrCountryDescription>BRITISH COLUMBIA, CANADA</stateOrCountryDescription>
                <zipCode>V6C 2T2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Cecil</firstName>
                <middleName>D.</middleName>
                <lastName>Andrus</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1280 Candleridge Dr.</street1>
                <city>Boise</city>
                <stateOrCountry>ID</stateOrCountry>
                <stateOrCountryDescription>IDAHO</stateOrCountryDescription>
                <zipCode>83712</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Charles</firstName>
                <lastName>Entrekin</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>150 Foxgayte Lane</street1>
                <city>Pottstown</city>
                <stateOrCountry>PA</stateOrCountry>
                <stateOrCountryDescription>PENNSYLVANIA</stateOrCountryDescription>
                <zipCode>19465</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$5,000,001 - $25,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2010-05-06</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>&quot;Units&quot;, each comprised of 1 Common Share and 1/2 Warrant, each whole Warrant entitling the purchase of 1 Common Share at a price of $1.60.</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>1765650</totalOfferingAmount>
            <totalAmountSold>1765650</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse>Amounts above are in Canadian Dollars. 1,333,375 Units at $1.50 (Canadian) per Unit.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>5</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>FORMATION METALS INC</issuerName>
                <signatureName>/s/ Gregory Eric Honsinger</signatureName>
                <nameOfSigner>Gregory Eric Honsinger</nameOfSigner>
                <signatureTitle>V.P. CorporateCommunications</signatureTitle>
                <signatureDate>2010-05-26</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----