Fortune Minerals Ltd.

Fortune Minerals Ltd. is pleased to announce that it has retained Worley Canada Services Ltd. to conduct additional engineering and lead the preparation of an updated Feasibility Study for the NICO Cobalt-Gold-Bismuth-Copper Project in Canada . The NICO Project is an advanced Critical Minerals development comprised of a planned mine and [...]

Fortune Minerals Ltd. is pleased to announce that it has entered into a new option agreement with JFSL Field Services ULC to purchase the brownfield industrial site in Lamont County, Alberta where it plans to construct its hydrometallurgical refinery . The Alberta Refinery would process metal concentrates from Fortune's planned NICO [...]

Fortune Minerals Ltd. announces that the option to purchase the JFSL Field Services ULC brownfield industrial site in Lamont County, Alberta could not be completed before the expiry of the option on June 30, 2024. Both, Fortune and JFSL remain willing and able to complete a different transaction that would enable the Company to complete the [...]

Fortune Minerals Ltd. reports that the nominees listed in the management information circular for the 2024 Annual Meeting of Shareholders held on June 25, 2024 were elected as directors of Fortune. Detailed results of the vote based on proxies received are set out below: Nominee Votes For % For Votes Withheld % Withheld Robin E. Goad 131,382,847 [...]

Fortune Minerals Ltd. is pleased to announce that it has entered into a convertible securities agreement with Lind Global Fund II, LP, managed by The Lind Partners for up to C$10,000,000. Fortune has received an initial C$1.25 million in exchange for the issuance of a first convertible security, and subject to the agreement of both parties [...]

TORONTO, May 16, 2024 /CNW/ - Trading resumes in: Company: Fortune Minerals Ltd. TSX Symbol: FT All Issues: Yes Resumption : 10:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]

Fortune Minerals Ltd. is pleased to announce that it has secured additional funding from the Government of Canada to help advance the Company's 100%-owned, vertically integrated NICO cobalt-gold-bismuth-copper Critical Minerals asset in Canada . The Government of Canada has agreed to provide contribution funding for up to C$7.5 million to support [...]

Fortune Minerals Ltd. is pleased to announce that the United States Department of Defense has awarded the Company a US$6,380,555 grant under the Defense Production Act Title III program to expand the domestic capacity and production of cobalt for the battery and high strength alloy supply chains. This non-dilutive source of capital will allow [...]

TORONTO, May 16, 2024 /CNW/ - The following issues have been halted by CIRO: Company: Fortune Minerals Ltd. TSX Symbol: FT All Issues: Yes Reason: Pending News Halt Time : 9:22 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and [...]

Fortune Minerals Ltd. is pleased to announce the successful delivery of ore samples from the NICO cobalt-gold-bismuth-copper deposit in the Northwest Territories to SGS Canada Inc. in Lakefield, Ontario. These ores will be used to conduct additional metallurgical testing and pilot work to validate recent optimizations and support detailed [...]