{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-047155","form_type":"8-K","ticker":null,"cik":"0001885336","company_name":"FORMATION MINERALS, INC.","filed_at":"2024-05-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.089717+00:00","generated_at":"2026-06-01T08:20:45.738874+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Formation Minerals sells mineral and royalty interests for $140,000","bullets":["Sold 100% of its mineral and royalty interests in LA, OH, WV, and TX for $140,000 cash.","Transaction closed on May 22, 2024; effective date for production revenue is June 1, 2024.","Properties include interests in Bienville Parish, LA; Belmont County, OH; Ohio County, WV; Red River Parish, LA; Brazos County, TX."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-047155","json":"https://secwatch.observer/filing/0001213900-24-047155.json","markdown":"https://secwatch.observer/filing/0001213900-24-047155.md","text":"https://secwatch.observer/filing/0001213900-24-047155.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1885336/000121390024047155/0001213900-24-047155-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1885336/000121390024047155/ea0206981-8k_formation.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T08:20:45.738874+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"91b1ea7c6075c9fc7f70fa620bfa06a1fe0532a7","claim":"FORMATION MINERALS, INC. completed a disposition for $140,000 in cash (closed 2024-05-22).","evidence_excerpt":"On May 22, 2024, we entered into a purchase and sale agreement (the “Purchase and Sale Agreement”) for the sale of certain mineral and royalty interests with a private buyer whereby the Company is selling various mineral and oil and gas royalty interests in exchange for $140,000 in cash. The transaction to closed on May 22, 2024.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1885336/000121390024047155/0001213900-24-047155-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Consideration","value":"$140,000 in cash"},{"label":"Closing","value":"2024-05-22"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}