BDO has been appointed as the Company's Auditor to reduce administrative expenditures Issued Capital: 227,077,580 LONDON, ON, Jan. 8, 2016 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to report that SGS Canada Inc. ("SGS") has produced a premium high purity cobalt sulphate [...]
Issued Capital: 222,077,580 LONDON, ON, Aug. 26, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that it has sold the remaining equipment it owns from the Golden Giant Mine at Hemlo, Ontario for proceeds of $415,000. This equipment was initially purchased to [...]
Issued Capital: 222,077,580 LONDON, ON, Aug. 13, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that it has completed the second and final stage of the restructuring agreement entered into with LRC-FRSM LLC ("Lascaux") and its other secured creditors to settle its secured [...]
Issued Capital: 222,077,580 LONDON, ON, July 17, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that it has entered into a restructuring agreement with LRC-FRSM LLC ("Lascaux") and its other secured creditors to settle its secured debt obligations. The restructuring is [...]
Issued Capital: 222,077,580 LONDON, ON, July 3, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) reports that its wholly-owned subsidiary, Fortune Revenue Silver Mines, Inc. ("FRSMI"), the owner of the Revenue Silver Mine (the "RSM") in southwest Colorado, has received notice from [...]
Issued Capital: 222,077,580 LONDON, ON, June 25, 2015 /CNW/ -Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) reports that the nominees listed in the management information circular for the 2015 Annual General Meeting of shareholders held on June 23, 2015 (the "Meeting") were elected as [...]
Sale provides additional liquidity for Fortune while preserving its rights to develop the project Issued Capital: 222,077,580 LONDON, ON, May 5, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) and POSCO Canada Limited ("POSCAN") are pleased to announce the completion of an agreement [...]
LONDON, ON, April 1, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") is pleased to announce that its annual audited consolidated financial statements, annual information form, and management's discussion and analysis of financial condition and results of operations for the year ended December 31, 2014 have [...]
The Revenue Silver Mine is continuing its ramp up to 400 tons per day Issued Capital: 214,822,180 LONDON, ON, March 27, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that it has closed an additional US$ 4 million financing from Lascaux Resource Capital Fund [...]
MSHA acknowledges change of ownership and safety improvements at mine and removes Pattern of Violation designation LONDON, ON, Feb. 12, 2015 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that it has closed an additional US$ 5 million financing from Lascaux [...]
Issued Capital: 214,822,180 LONDON, ON, Dec. 22, 2014 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that it has closed an additional US$ 7 million financing from Lascaux Resource Capital Fund LP ("Lascaux") to provide working capital for the commissioning of the Revenue [...]
Issued Capital: 212,322,180 LONDON, ON, Nov. 24, 2014 /CNW/ - Fortune Minerals Ltd. (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) announces that it has issued the previously approved 17,744,000 common shares of the Company ("Common Shares") to the former owners of the Revenue Silver Mine ("RSM") in southwest [...]
