Mathematical reasoning demands two critical, complementary skills: constructing rigorous proofs for true statements and discovering counterexamples that disprove false ones. However, current AI efforts in mathematics focus almost exclusively on proof construction, often neglecting the equally important task of finding counterexamples. In this paper, we address this gap by fine-tuning large language models (LLMs) to reason about and generate counterexamples. We formalize this task as formal counterexample generation, which requires LLMs not only to propose candidate counterexamples but also to produce formal proofs that can be automatically verified in the Lean 4 theorem prover. To enable effective learning, we introduce a symbolic mutation strategy that synthesizes diverse training data by systematically extracting theorems and discarding selected hypotheses, thereby producing diverse counterexample instances. Together with curated datasets, this strategy enables a multi-reward expert iteration framework that substantially enhances both the effectiveness and efficiency of training LLMs for counterexample generation and theorem proving. Experiments on three newly collected benchmarks validate the advantages of our approach, showing that the mutation strategy and training framework yield significant performance gains.