Filing Details

Accession Number:
0001213900-24-064919
Form Type:
5
Zero Holdings:
No
Publication Time:
2024-08-02 20:11:13
Reporting Period:
2024-04-30
Accepted Time:
2024-08-02 20:11:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1885336 Formation Minerals Inc. FOMI Crude Petroleum & Natural Gas (1311) 872406468
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
2023567 Tsz Chan King 12 C Block 1
The Leighton Happy Valley K3 00000
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-12-15 8,800,000 $0.00 10,881,000 No 4 A Direct
Common Stock Acquisiton 2023-05-19 1,228,000 $0.10 3,758,000 No 4 P Indirect Horizon Fund Private Limited
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 P Indirect Horizon Fund Private Limited
Footnotes
  1. The Reporting Person was awarded 8,800,000 shares of common stock, par value $0.01 per share ("Common Stock"), of SensaSure Technologies, Inc., now known as Formation Minerals, Inc. (the "Issuer"), for his service as president and a director of the Issuer, which were subject to vesting. Upon Mr. Chan's resignation as president and director of the Issuer on December 15, 2023, such shares of Common Stock were accelerated to become fully vested.
  2. Horizon Fund Private Limited ("Horizon") purchased 1,228,000 shares of Common Stock from a private seller for $0.1 per share.
  3. The Reporting Person serves as the sole director, officer and beneficial owner of Horizon and, accordingly, the Reporting Person may also be deemed to beneficially own the shares of Common Stock held directly by Horizon. The Reporting Person disclaims beneficial ownership of the shares of Common Stock held directly by Horizon except to the extent of the Reporting Person's pecuniary interest therein.