---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-097326"
form_type: "8-K"
ticker: null
cik: "0001885336"
company_name: "FORMATION MINERALS, INC."
filed_at: "2023-12-20T23:59:59+00:00"
generated_at: "2026-06-07T10:06:31.045423+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SensaSure appoints James Hiza CEO, director; Clarence Chan resigns

## Summary
- James Hiza appointed CEO and director effective Dec 15, 2023; succeeds Clarence Chan.
- Chan resigned as CEO, CFO, and director; no disagreement cited.
- Hiza, 54, is a CPA; most recently VP Asset Management at Verde Bio Holdings.
- No related party transactions or family relationships with Hiza disclosed.

## SEC filing metadata
- accession: 0001213900-23-097326
- form_type: 8-K
- cik: 0001885336
- company_name: FORMATION MINERALS, INC.
- filed_at: 2023-12-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1885336/000121390023097326/0001213900-23-097326-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1885336/000121390023097326/ea190391-8k_sensasure.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-097326
- JSON: https://secwatch.observer/filing/0001213900-23-097326.json
- Plain text: https://secwatch.observer/filing/0001213900-23-097326.txt

## Key facts
- Executive change
  Clarence Chan resigned as Chief Executive Officer at FORMATION MINERALS, INC..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: Clarence Chan resigned as the Chief Executive Officer, Chief Financial Officer, and Director of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1885336/000121390023097326/0001213900-23-097326-index.htm
- Executive change
  James Hiza was appointed as Director at FORMATION MINERALS, INC..
  - Action: appointed
  - Role: Director
  source text: appointed James Hiza to serve as a director of the Board, effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/1885336/000121390023097326/0001213900-23-097326-index.htm
- Executive change
  James Hiza was appointed as Chief Executive Officer at FORMATION MINERALS, INC..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: appointed Mr. Hiza as the Chief Executive Officer of the Company, effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/1885336/000121390023097326/0001213900-23-097326-index.htm
- Executive change
  Clarence Chan resigned as Chief Financial Officer at FORMATION MINERALS, INC..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Clarence Chan resigned as the Chief Executive Officer, Chief Financial Officer, and Director of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1885336/000121390023097326/0001213900-23-097326-index.htm
- Executive change
  Clarence Chan resigned as Director at FORMATION MINERALS, INC..
  - Action: resigned
  - Role: Director
  source text: Clarence Chan resigned as the Chief Executive Officer, Chief Financial Officer, and Director of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1885336/000121390023097326/0001213900-23-097326-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.